Small Business Bank Accounts-How to Choose?

[Gary Soper]

Hey Guys, 

I am in the process of starting a real estate investment company with my partner. We have completed the LLC/Operating Agreement and now need to open a business bank account. We had a consultation with Bank of America but I would like to stay away from large commercial banks. I have been recommended to look at smaller banks as they are more relationship based and willing to work with start ups. For added info, we are located in the N.W. suburbs of Chicago, IL and our goal is to close on a 3-4 unit rental property by September, 2017. I am completely open to all points of view so please ask as many questions as you would like and contribute any experiences you have had.