Fortress Bank

Review, Rates and contact information

Fortress Bank

About

Established in 1904, we have consistently dedicated ourselves to providing robust financial solutions for both business and personal needs within our community. Presently, we operate nine banking centers in Illinois and Iowa, boasting a team of highly skilled associates who are committed to facilitating the success of local businesses. In 2008, despite the challenging economic climate triggered by the financial crisis, Lee Garlach and a group of visionaries acquired the bank. In the face of the global economic shock that followed, many banks succumbed, but under Lee’s guidance and unwavering perseverance, our bank stood resilient. Today, with assets approaching $600 million, Fortress remains a stalwart and stable force, steadfast in our mission to support entrepreneurs and neighbors across the Midwest in achieving their success.

7 contacts were found in LoanBase's database

Offered Loan Program Types

Fix&Flip/Value Add, Bridge, Long Term Rental 1-4 Units, Permanent/Long Term, New Construction/Ground-Up Construction

Property Types

Residential (1-4 units), Retail, Office, Industrial, Multi-Family

Loan Amount

$75K - $15M

Time to close

30-60 days

Primary Areas Served

IL IA

Max LTV

70%

Origination Fee

1.00%

Specialty

recently closed deals

Loan date

Loan Amount

Property Subtype

Address

ZIP

8/17/2023
$206,780
Residential
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Loan date

8/17/2023

Loan Amount

$206,780

Property Subtype

Residential

Address

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To view all recent closed deals with full address

8/15/2023
$108,640
Residential
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Loan date

8/15/2023

Loan Amount

$108,640

Property Subtype

Residential

Address

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8/14/2023
$149,870
Residential
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Loan date

8/14/2023

Loan Amount

$149,870

Property Subtype

Residential

Address

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8/14/2023
$670,500
Residential
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Loan date

8/14/2023

Loan Amount

$670,500

Property Subtype

Residential

Address

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8/10/2023
$200,000
Condominium
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Loan date

8/10/2023

Loan Amount

$200,000

Property Subtype

Condominium

Address

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8/8/2023
$208,000
Residential
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Loan date

8/8/2023

Loan Amount

$208,000

Property Subtype

Residential

Address

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8/8/2023
$546,500
Single Family Residence
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Loan date

8/8/2023

Loan Amount

$546,500

Property Subtype

Single Family Residence

Address

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8/4/2023
$247,350
Residential
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Loan date

8/4/2023

Loan Amount

$247,350

Property Subtype

Residential

Address

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8/3/2023
$190,000
Condominium
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Loan date

8/3/2023

Loan Amount

$190,000

Property Subtype

Condominium

Address

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8/3/2023
$440,300
Single Family Residence
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Loan date

8/3/2023

Loan Amount

$440,300

Property Subtype

Single Family Residence

Address

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8/1/2023
$193,907
Residential
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Loan date

8/1/2023

Loan Amount

$193,907

Property Subtype

Residential

Address

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8/1/2023
$560,000
Residential
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Loan date

8/1/2023

Loan Amount

$560,000

Property Subtype

Residential

Address

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7/26/2291
$675,268
Industrial
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Loan date

7/26/2291

Loan Amount

$675,268

Property Subtype

Industrial

Address

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