States Served
Top Industries Financed
- Hotels (except Casino Hotels) and Motels
- Full-Service Restaurants
- Limited-Service Restaurants
- Car Washes
- Coin-Operated Laundries and Drycleaners
Quick Summary
Illinois Business Financial Se is an SBA-certified Certified Development Company (CDC) headquartered in Peoria, Illinois. Since 2010, they have approved 138 SBA 504 loans totaling $113.9M, with an average loan size of $826K. They primarily serve Illinois businesses.
About Illinois Business Financial Se
Illinois Business Financial Se is an SBA-certified Certified Development Company (CDC) headquartered in Peoria, Illinois. Since 2010, they have approved 138 SBA 504 loans totaling $113.9M, with an average loan size of $826K. They primarily serve businesses in Illinois.
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Frequently Asked Questions
What does Illinois Business Financial Se do?
Illinois Business Financial Se is an SBA-certified Certified Development Company (CDC) based in Peoria, Illinois. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Illinois Business Financial Se handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Illinois Business Financial Se approved?
According to SBA FOIA public records, Illinois Business Financial Se has approved 138 SBA 504 loans totaling $113.9M since 2010. Their average loan size is $826K.
What states does Illinois Business Financial Se serve?
Illinois Business Financial Se primarily serves businesses in Illinois.
How do I apply for an SBA 504 loan through Illinois Business Financial Se?
To apply for an SBA 504 loan through Illinois Business Financial Se, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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