CenTrust Bank, A Division of SmartBiz Bank National Association
IL
SBA-approved lender offering 7 loan programs across 55 industries.
Key Metrics
Interest Rate
10.79%
4.04% over prime
Average Loan
$214K
Per approval
Total Approvals
334
FY 2025
Loan Programs (7)
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
Preferred Lenders Program
Startup
7a General
International Trade Loans
Industries Served (55)
Administrative Management and General Management Consulting ServicesAll Other Amusement and Recreation IndustriesAll Other Insurance Related ActivitiesAll Other Miscellaneous Food ManufacturingAll Other Miscellaneous ManufacturingAll Other Personal ServicesAll Other Professional, Scientific, and Technical ServicesAll Other Specialty Trade ContractorsAppliance Repair and MaintenanceArchitectural ServicesBeauty SalonsCoin-Operated Laundries and DrycleanersElectrical ContractorsEmployment Placement AgenciesFarm and Garden Machinery and Equipment Merchant WholesalersFine Arts SchoolsFitness and Recreational Sports CentersFlower, Nursery Stock, and Florists' Supplies Merchant WholesalersFull-Service RestaurantsGeneral Automotive RepairInsurance Agencies and BrokeragesLandscaping ServicesLimited-Service RestaurantsMedical LaboratoriesMedical, Dental, and Hospital Equipment and Supplies Merchant WholesalersMetal Coating, Engraving (except Jewelry and Silverware), and Allied SNail SalonsNew Single-Family Housing Construction (except Operative Builders)Office Administrative ServicesOffices of All Other Miscellaneous Health PractitionersOffices of Certified Public AccountantsOffices of ChiropractorsOffices of LawyersOffices of Mental Health Practitioners (except Physicians)Offices of Physical, Occupational and Speech Therapists, and AudiologiOffices of Physicians (except Mental Health Specialists)Other Accounting ServicesOther Activities Related to Real EstateOther Computer Related ServicesOther Engine Equipment ManufacturingOther Miscellaneous Durable Goods Merchant WholesalersOther Miscellaneous Nondurable Goods Merchant WholesalersOther Scientific and Technical Consulting ServicesPlumbing, Heating, and Air-Conditioning ContractorsPostharvest Crop Activities (except Cotton Ginning)Public Relations AgenciesResidential Property ManagersResidential RemodelersRoofing ContractorsSnack and Nonalcoholic Beverage BarsSupermarkets and Other Grocery (except Convenience) StoresTax Preparation ServicesTitle Abstract and Settlement OfficesVeterinary ServicesWood Kitchen Cabinet and Countertop Manufacturing
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 4.04%
- Effective Rate
- 10.79%
- Fiscal Year
- 2025
- States Served
- IL
- Website
- smartbizbank.com
Ready to apply with CenTrust Bank, A Division of SmartBiz Bank National Association?
Let Cassian help you prepare your application and connect you with the right loan officer.