On February 1, Town and Country Bank / Peoples Prosperity Bank merged with Heartland Bank and Trust Company and operate as branches of Heartland Bank. Heartland Bank is a wholly owned subsidiary of HBT Financial, Inc., headquartered in Bloomington, Illinois. The merging of Town and Country Bank / Peoples Prosperity Bank data into Heartland Bank systems begins at close of business on Friday, April 21. To ensure a seamless transition, your online banking, bill pay, and mobile banking services may be unavailable from April 22 until the morning of Monday, April 24.

For the most up-to-date merger information, please visit https://www.hbtbank.com/welcome. Heartland Bank is committed to ensuring a smooth transition with a minimal impact on customers. Please look for additional information in the next few months.

Business Term Loans

Bring your business strategy to life. We offer competitive rates for business acquisition and expansion, equipment purchases, and other business needs. Choose between short-term and long-term business loans, depending on your needs and financial situation. With a business term loan, you receive a certain amount of capital to use for business purposes and pay it back in regular monthly installments over a predetermined period of time. Just as no two businesses are exactly alike, our business lenders create personalized financing and terms to best support your business objectives.

Receive competitive rates for your business needs:

  • Business acquisition
  • Equipment and machinery purchases and repairs
  • Facility improvements and expansion

Repayment terms are customized to fit the unique needs of your business.

The primary advantage of a business term loan over a line of credit is the fixed nature of the loan terms. While a business line of credit is useful to have for working capital needs, term loans are a better option for business equipment financing or a business expansion loan. There may even be tax benefits from using a term loan to purchase business equipment--talk to your tax professional to learn more.

Enjoy the flexibility that comes with local decision-making and loan processing.

At Heartland Bank and Trust Company, we specialize in helping businesses succeed. Our experienced business lenders understand that the same loan package won't work for all companies. That's why we're glad to have the flexibility that comes with local ownership. The business banker who knows you and your company is the one to customize business financing options, not a stranger in another city. When we help local businesses obtain the financing they need, we fulfill our mission to empower the financial well-being of our communities, one person at a time.

Attentive, friendly service from application to closing!

Stand side by side with a local institution. The Heartland Bank and Trust Company business lending team gets to know our clients on an individual level, so we can best help you achieve your business goals and dreams. We'll help you complete the application and gather the necessary supporting documents to demonstrate your personal and business financial history. At closing, we'll be the first to congratulate you on taking the next step toward greater success. Ready to learn more about business acquisition and expansion loans? Request a consultation with our business lending team or visit your local branch in Central Illinois and the Metro East.