Is an SBA 7(a) Loan Right for Your Business?
Are you seeking tailored financial solutions for your business? At American Community Bank & Trust (ACBT), we take a relationship-based approach to understand your business operation and suggest financial products and services that meet your unique needs. One such solution, geared towards growing companies, is an SBA loan through the Small Business Administration (SBA) loan program.
Why Your Bank Treasury Management Partner Matters
In small to mid-size businesses owners are often tasked with many responsibilities. When wearing many hats, it’s a juggling act to make sure that financial and operational processes are enhanced, risk and fraud prevention are top of mind, and you’re maximizing cash and working capital. That’s why a full-service relationship with American Community Bank and Trust (ACBT) is so beneficial to your business. Read more.
Small Business and the Corporate Transparency Act. Does it Apply to You?
The Corporate Transparency Act (CTA) went into effect January 1, 2024. As your trusted banking partner, American Community Bank & Trust realizes that many clients will be required to adhere to CTA compliance. Affecting millions of businesses, the CTA is designed to combat money laundering and other financial crimes by requiring disclosure of information to the federal government. Read More.
Safeguarding Your Business Against Holiday Cybersecurity Threats
While the holiday season can bring many good things, such as increased profits for businesses, it can also bring increased fraud activity. Luckily, there are steps you can take to protect your business and your customers from cybersecurity threats. Keep reading to learn the best business cybersecurity strategies to implement now. Read More.
Smart Investing with IntraFi®
Now known as the IntraFi network, CDARS/ICS refers to reciprocal deposit services for business and retail banking customers. If your business savings account exceeds the $250,000 FDIC insurance limit, you can access expanded FDIC insurance through your existing banking relationship. Protect your large deposits and earn a competitive interest rate on your savings. IntraFi also offers the convenience of a single monthly statement from the bank you already know and trust. Read More.
Community Banking & Financial Services for Your Small Business
According to a World Bank report, the world’s small and medium-sized enterprises have unmet finance needs of approximately $5.2 trillion a year. Access to finance is a key restraint. As a commercial banker at American Community Bank & Trust, I am uniquely qualified in these markets in the greater Chicagoland and I want to help my clients grow their businesses and succeed. Read More.
How to Teach Your Employees to Spot a Phishing Email
Because so many businesses use email as an essential tool in their everyday operations, phishing remains a preeminent cybersecurity threat to businesses. The more employees a company has, and the more they rely on email for communication, the greater the chance that someone will fall victim to a scam. In this post, we’ll cover how to train employees to spot phishing attempts, as well as ways you as an employer can improve your business’s cybersecurity practices. Read More.
How a Community Bank Can Grow Your Small Business
At American Community Bank & Trust, commercial banking is one of our prime focuses, and we strive to take a personalized approach, providing our business customers access to financial decision makers and banking solutions that offer speed and flexibility. Learn more about the many benefits of working with a community bank like us. Read More.