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The PrivateBank - Making a Difference in Chicago

The PrivateBank is a premier bank in Chicago focusing on entrepreneurs, small and mid-sized business owners. Whether you’re starting up a new business or running a small business, The PrivateBank is definitely a bank that cares and is one that is making a difference in Chicago. They are making a philanthropic difference in the community as well!

The PrivateBank not only contributes financially to community organizations, they spend their time volunteering with many worthwhile causes. A few organizations they help with are Big Shoulders, Big Brother & Big Sisters, Junior Achievement and also the Museum of Science & Industry. I’d like to take a moment and mention one program that The PrivateBank created that “gives back” to the community!

On July 24, 2014, The PrivateBank announced $10 million in financing to support the purchase and rehab of vacant homes in partnership with the Cook County Land Bank, (Amy Yuhn, Chief Marketing Officer, The PrivateBank.) "By providing responsible financing options, educational opportunities and community support, we have made an important commitment that will help improve the pace of the recovery with a particular emphasis on affordable housing and small business development. Vibrant neighborhoods contribute to economic sustainability through job growth and education" said Larry D. Richman, President and Chief Executive Officer, The PrivateBank. From all of us at MeetAdvisors, we say thank you for giving back to the community!

I recently spent some time researching the Small Business Resource Center and reviewed some of the guides, templates and interactive tools they provide to help your business grow.

Here’s What You Will Find on Their Site:

  • How-to guides
    • Practical straight to the point guides that address some of the key issues you will face.
  • Action plans
    • Interactive online business tools that allow you to build your own custom action plan
  • Business plan diagnostic
    • A quiz diagnostic to help you cover off the most important aspects of a business plan.
  • Templates
    • Excel templates to help you experiment with financial scenarios. 

The PrivateBank provides a host of planning, financing and start up videos. However, they offer more than that: they have a team of relationship managers that will be there with you every step of the way. Whether you have a new business idea or are improving the performance of your current business, their tools can help you create or refine your business plan to give you a clear strategy and goals.

Whether it’s an idea to help your business grow or a challenge to overcome an opportunity to move into a new direction, The PrivateBank has the depth of financing solutions for your specific needs. For example, The PrivateBank created an Entrepreneurial Loan Fund, which provides up to $10,000 in financing to start-ups and up to $25,000 in financing to established small businesses that participate in select entrepreneurial training programs in Chicago.

The PrivateBank, giving back to the community philanthropically and helping small businesses grow!

You have our vote!

Michael A. Costantini – Chief Strategist at MeetAdvisors

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