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First Bank And Trust Company Of Illinois Careers in Chicago, IL

First Bank and Trust Company of Illinois
  • Founded

    1962

  • No. of Employees

    11-50 employees

  • Industry

    Banking / Loans / Mortgage

  • Type

    Privately Held

About First Bank and Trust Company of Illinois

Chicago based, national lender focused on refinancing, acquisition, bridge, and working capital lending opportunities. We are currently looking to diversify our commercial real estate exposure and are able and willing to get creative in looking at various business lines. All transactions are funded on a portfolio basis without the transaction costs or restrictions of securitized structures. Compact management team and approval process capable of executing transactions quickly and efficiently, particularly where unique deal aspects require the attention of senior, seasoned finance professionals. The following is a sampling of indicative deal terms and sample transactions: Loan Size: Typically $1MM to $5MM; the Bank has the capability of completing larger transactions up to $7.5MM and will consider transactions with participants. Advance Rates: Leverage is dependent on the characteristics of the individual transaction and the sponsor’s experience and financial strength. Loan Types: - I

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