Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Evergreen Park, Illinois Small Business Loans

 
Loan Census SBA Loan Info

I need a loan for my business in Evergreen Park, Illinois! If that's what's on your mind, you've come to the right place.

If you are hoping to get a small business loan and your business is based in Evergreen Park, Illinois, we've assembled a list of local small business banks that you should contact.

Local Evergreen Park Business Loan Sources

Without further adieu, here's our list of small business banks in Evergreen Park.

Small Business Bank Recent SBA Loans
Charter One Bank - Branch Locations- Evergreen Park  
Evergreen Community Bank  
Evergreen Plaza  

Lenders for Evergreen Park Businesses

This is a list of banks outside of Evergreen Park, Illinois that have provided SBA loans to Evergreen Park businesses. Some of these may be national banks with local branch locations.

Small Business Bank Recent SBA Loans
Banco Popular North America
New York City, NY
2
Bank Of America
Charlotte, NC
1
Beverly Bank & Trust National A
Chicago, IL
1
Capital One
Mclean, VA
2
Cit Small Business Lending Corp
Livingston, NJ
3
Harris National Association
Summit, IL
2
Innovative Bank
Oakland, CA
5
Jpmorgan Chase Bank
Houston, TX
6
Lasalle Bank Midwest
Troy, MI
1
Nara Bank
Los Angeles, CA
1
National City Bank
Cleveland, OH
1
Rbs Citizens
Providence, RI
2
Shorebank
Bellwood, IL
1
The Foster Bank
Chicago, IL
2
U.S. Bank National Association
Cincinnati, OH
2
Washington Mutual Bank
Henderson, NV
1

Evergreen Park Bank Loan Tips

Before reaching out to banks for a loan, you will need to develop the specifics of your loan request.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show how you intend to to pay the money back to the bank.

Being able to present a well-written business plan is an important prerequisite. If the capital is to for an existing business, you should also have financial statements covering the last three years. You will also need to discuss what collateral you have available to guarantee the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which you cannot repay the loan.

If the business has few assets, you will likely be asked to pledge your personal assets, such as your individual retirement account or pension plan. The banks will check on your personal credit history in any case, so hopefully you have good credit history -- you may want to get a copy of your credit history prior to meeting with the banker.

Many of the banks in our list participate in the financial assistance programs available through the SBA. Before you sit down to talk with a small business banker, you may want to read up on on SBA loans programs to see if you qualify. SBA 7(a) loans, SBA 504 loans and SBA disaster assistance loans may be available to you.

Gaebler.com Advice on Raising Money

Gaebler.com is a site that is deeply committed to supporting small business owners, and we have a lot of information pertaining to to Raising Money. For example, we recommend you read Choosing VC Firms.

Business Loan Sources for Other Cities in Illinois
Get a Business Loan in Evanston
Get a Business Loan in Fairfield

Browse All Business Loan Sources for Illinois