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Chicago Illinois based Belmont Bank & Trust is raising $25,000,000.00 in New Debt Financing.

Chicago Illinois based Belmont Bank & Trust is raising $25,000,000.00 in New Debt Financing.

October 6, 2020 Craig Etkin

Chicago, IL – According to filings with the U.S. Securities and Exchange Commission, Belmont Bank & Trust is raising $25,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, William McCarty played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Belmont Bank & Trust

Belmont Bank & Trust was founded in 2006 on the northwest side of Chicago by a group of investors who wanted to establish a community bank that would create value for the neighborhoods and businesses for which it serves. Belmont Bank & Trust combines the responsiveness of a local bank with access to the products and services of a national bank. We offer a suite of products and state-of-the-art technology for both individuals and business owners. This includes internet banking, mobile banking, mobile capture, online bill-pay, remote deposit capture, merchant services, cash management and peer-to-peer payment services. A wide array of lending products are also available such as business loans and lines of credit, owner-occupied and investment commercial real estate mortgages, as well as other financing options to meet customer needs.

To learn more about Belmont Bank & Trust, visit http://www.belmontbank.com/

Contact:
William McCarty, President and Chief Executive Officer
773-589-9500
wmccarty@belmontbanktrust.com

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved


Venture Capital
1600, Belmont Bank & Trust, Chicago, Illinois, Venture Capital

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