WORK WITH A COMPANY YOU CAN TRUST
At Home State Bank, our business lenders are focused on serving Lake and McHenry County. This commitment that has earned us the ranking #1 Business Lender in McHenry County* year after year.
Home State Bank has financed a variety of products for commercial customers, including, but not limited to:
- Production equipment
- Printing equipment
- Office equipment
- Trucks
- Storage equipment
- Trailers
- Electronic equipment
- Excavating equipment
- Medical equipment
- Office furniture
Our commercial team has a proven track record of providing financing options to meet the unique needs of our commercial clients. We look forward to hearing from you and learning how we can help your business grow.
If you would like for a lender to contact you, please complete the form below.
*Data provided by the FFIEC (Federal Financial Institutions Examinations Council) for dollars loaned out.
BENEFITS OF FINANCING
Financing lets you conserve working capital and is the smart choice when expanding your business.
Home State Bank is a valuable solution for your business as you look to preserve cash flow, realize tax benefits, preserve credit lines or protect yourself from technical obsolescence.
DON’T WAIT ANY LONGER FOR EQUIPMENT THAT CAN
IMPROVE YOUR BOTTOM LINE.
Acquiring essential assets for your business requires critical timing, wise judgment and a dependable support system. Home State Bank will work within your time frame and help achieve a smooth integration of your assets. Some of the key benefits to equipment leasing are:
- Improved cash flow - Pay for the equipment as it is used
- Fixed payments - Payments don’t change as variable rate loans often do
- 100% financing options available - Based on eligibility
- Improved financial management - Capital is available for other uses--not tied up in fixed assets
- Reduced risk of obsolescence - Upgrades allowed within the finance term
- Meet production timelines by acquiring the equipment you need now
FLEXIBLE OPTIONS OFFERED
- Terms from 24 - 120 months
- Graduated payment plans
- Progress payment plans
- Fixed price purchase options
- Fair market value purchase options
VENDOR PROGRAMS
Partner with a locally owned and operated community bank with over a century of financing experience and a desire to cultivate relationships. When your customers finance with Home State Bank, they are able to acquire your products with a variety of options specific to the transaction, allowing you to get paid quickly.
Program Benefits:
- Local decision making to help expedite all transactions
- Your sales team can focus solely on securing new sales while our Home State Bank team will provide you with a rapid credit approval process
- Home State Bank will make the payment (upon delivery and acceptance) which improves your cash flow by eliminating your need to potentially extend terms
