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Commercial Lending

Financing that helps companies grow with a loan that’s secured by your choice of collateral.

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Putting Your Company’s Collateral to Work

Secured business loans provide opportunities for companies to qualify for a loan, even those with a lower credit score because the loan requires some form of collateral — this can be assets such as stocks, bonds, certificates of deposit, equipment or even cash. The assets you use as collateral protect the loan in the event of a default.

Secured Business Loan Details

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Loan Amounts

$250,000 & Up

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Loan Terms

Up to 5 Years

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Interest Rate

As Low as 5.5%*

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Secured vs Unsecured Business Loans

Secured Business Loans: These offer some of the most competitive interest rates because the assets you use as collateral will secure your loan, meaning you're more likely to receive a lower interest rate.

Unsecured Business Loans: These can help you get financing with no collateral required but will normally have stricter lending requirements.

Eligible Business Collateral

Connecting with one of our Commercial Relationship Managers is the easiest way to see if a collateral business loan is right for your company. Some examples of collateral that’s normally accepted to secure a business loan include:

  • Securities like treasury bonds, stocks, CD’s and corporate bonds.
  • Tangible assets like real estate, equipment, inventory, and vehicles.
  • Invoices and accounts receivable documents.

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Experience End-to-End Transparency & Efficiency

Businesses choose Midland States Bank for:

  • Competitive interest rates and fees.
  • Generous loan amounts and term limits.
  • Financial advice from experts who care about your business.

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Looking for a loan that’s less than $250,000?

A secured small business loan may be right for you.

Learn More


Who We Are

Midland States Bank provides borrowing options for businesses of all sizes in Illinois and Missouri and beyond. Our financial consultants have experience in numerous industries and can help you determine if a line of credit is right for you. You can count on us for world-class financial services and a competitive line of credit.

Frequently Asked Questions

We offer high borrowing limits. Qualified businesses can borrow over $250,000.

A loan secured with all business assets can be a beneficial tool for your business. Your loan will free you to cover numerous expenses, including:

  • Facility expansion or acquisition
  • Product development
  • Equipment acquisition
  • Debt refinancing
  • Operational expenses

We consider numerous factors when setting our interest rates, including the loan's term, your company's credit score, the credit scores of any individuals on the loan, time in business, debt-to-income ratio and other factors. We use these factors to determine a risk grade from one to 10 where one is low risk and 10 is high risk.

You can pay in person or by mail to any Midland States Bank location. We also offer online and mobile banking services for manual and automatic payments.

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Not sure where to start? We can help.

We're here to help online or in-person. Fill out the form below and a Midland States Bank representative will reach out to you shortly to better understand your company’s needs and find a personalized financing solution for you.


Schedule Appointment

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