Term loans from $15,000 to $50,000, for those one year or more in business, no minimum credit score, collateral required.
Archives: Programs
Program Description
Regional Development Company 504 Loan Program
The Small Business Administration’s 504 Loan Program is a long-term financing tool for economic development within a community. The SBA 504 Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land, buildings and large equipment.
Commercial Property Assessed Clean Energy (C-PACE) Financing for Clean Energy Building Improvements
C-PACE is an innovative program that enables commercial property owners to obtain 100% long-term, fixed-rate financing for energy efficiency, renewable energy, resiliency, water use and electric vehicle charging building improvements.
The Illinois Innovation Venture Fund (INVENT)
The Illinois Innovation Venture Fund (INVENT) is a $114 million direct equity capital program for founders and communities that have faced barriers to accessing capital.
Berwyn Development Corporation Finish Line Grant for interior and exterior renovations
Looking to replace your awning or renovate your building? You may be eligible for the BDC’s Finish Line Grant. This grant program assists businesses and property owners with interior and exterior renovation costs, such as awnings, façade improvements, rodent abatement, and buildouts.
Advantage Illinois’ Loan Guarantee Program SSBCI 2.0 Small Business Growth Program for Illinois Entrepreneurs
Advantage Illinois’ Loan Guarantee Program supports business applicants who are having difficulty gaining access to capital by using funds to guarantee a percentage of loans provided by partner lenders. Advantage Illinois accelerates investments and eases the credit crunch for small businesses, thanks to more than $78 million from the federal State Small Business Credit Initiative (SSBCI) of the Small Business Jobs Act of 2010. Find a list of participating lenders, FAQs and more below.
LeadCare Cook County: Free Lead Service Line Replacement Program
Are you a licensed child care provider located in suburban Cook County? LeadCare Cook County supports a safe and healthy learning environment for children by offering free lead service line replacement. When you enroll in LeadCare Cook County, you pay nothing to have a licensed plumber replace your line. Their services also help your business comply with lead testing and mitigation requirements set by the Department of Children and Family Services.
Wintrust SBA Loans
Wintrust’s Small Business Administration (SBA) loans provide three primary lending options: the SBA Express Program, SBA 7 Loans, and SBA 504 Loans. The award-winning team of SBA lending specialists is dedicated to helping you through the process of finding the right financing option for your business
SomerCor: Bridging Financing Gaps for Small Businesses in Illinois
SomerCor SBA 504 Loans: Buy, Build, and Refinance Commercial Real Estate and Heavy Equipment
Small Business Lending at Northwest Community Credit Union: Tailored Loans for Local Businesses
Northwest Community Credit Union provides a small business lending program consisting of four product suites: Lines of Credit, Vehicle Loans, Credit Cards, and Term Loans. Any business with 2 to 50 employees that’s been operating for at least 2 years is able to apply.
