At Old Second, we offer the service and solutions to make banking hassle-free. From packaged solutions featuring our most popular products, to individual solutions customized to your needs, we look forward to helping you start banking like the business you want to become. Contact a business banker.
Coronavirus (COVID-19) CARES ACT Update: Please contact an O2 Lender for information on how to apply for the Paycheck Protection Program (PPP). Borrowers that have already applied online can access their application here.
Our business banking service packages bundle all the features your business needs with the convenience and quality of service you may not be expecting from an "off the shelf" business banking program. Contact a business banker at 877-866-0202.
For business owners who simply want "the basics" and do not require a large credit line or a lot of unnecessary "bells and whistles," this package offers a feature-rich service bundle.BENEFITS:
This package is designed for businesses with higher transaction levels and those requiring more sophisticated cash management needs and growth strategies.BENEFITS:
When you own a business, you often need to take credit—not just for what you do, but for what you'd like to do in the future. That's where we come in. At Old Second, we offer a wide range of credit options to help you grow into the business you want to become. Contact your loan officer to develop the solution that is right for you.
Regardless of your need, we can structure a loan customized to meet your objectives.
Old Second participates in the following SBA programs:
Secure funding for times when you need it and with terms structured around your cash-flow cycle.USES:
When your equipment financing deal requires an extra level of comfort—a guarantee of either your future performance under a contract or that of a vendor's—we can provide a variety of options for closing your deal to the satisfaction of all involved parties.
BusinessManager® is an online program which allows you to get cash for your accounts receivable deposited directly into your bank account by selling them to the bank at a discount. Funds are then deposited into your account, giving you the positive cash flow you need.
Contact a representative for sign up information and pricing.
The O2 Debit Mastercard BusinessCard® offers a multitude of benefits and solutions for you or your employees.
Use your O2 Debit Mastercard BusinessCard® for cash withdrawals at over 55,000 Allpoint® network ATMs and avoid third-party surcharges in the U.S., Australia, Canada, Mexico, Puerto Rico, and U.K.BENEFITS: