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

Frankfort, Illinois Small Business Loans

 
Loan Census SBA Loan Info

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

If you are planning on applying for a small business loan and your business is based in Frankfort, Illinois, we've assembled a list of local small business banks that you should contact.

Local Frankfort Banks

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

Small Business Bank Recent SBA Loans
ABN AMRO  
ATM Capital Management  
Bank One - Dominick's  
Chesterfield Federal Savings and Loan Association  
CIB Bank - Frankfort  
Harris National Association 7
Heritage Bank 10

Banks that Lend to Frankfort Businesses

Be sure to speak with bankers outside of Frankfort, Illinois. These banks, in the table below, have lent to other Frankfort small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.

Small Business Bank Recent SBA Loans
Banco Popular North America
New York City, NY
2
Busey Bank
Champaign, IL
1
Business Loan Center, LLC
New York, NY
2
Capital One
Mclean, VA
4
Centrue Bank
Kankakee, IL
1
Cit Small Business Lending Corp
Livingston, NJ
1
Fifth Third Bank
Cincinnati, OH
1
First Midwest Bank
Buffalo Grove, IL
1
First Midwest Bank
Highland, IN
1
First Midwest Bank
Tinley Park, IL
1
Great Lakes Bank
Alsip, IL
1
Harris National Association
Chicago, IL
1
Independence Bank
East Greenwich, RI
1
Innovative Bank
Oakland, CA
5
Jpmorgan Chase Bank
Houston, TX
6
Lasalle Bank
Chicago, IL
1
Peoples Bank Sb
Munster, IN
1
Rbs Citizens
Providence, RI
2
Stearns Bank
Saint Cloud, MN
1
The Foster Bank
Chicago, IL
2
U.S. Bank National Association
Cincinnati, OH
4
Washington Mutual Bank
Henderson, NV
1

Frankfort Bank Loan Tips

Borrowing money is one of the most common sources of funding for a small business, but finding financing is not a slam dunk.

It's always a good idea to talk to as many banks as possible.

When applying for a small business loan, you will find that some banks will not work with you and others will. Of those banks that will work with you, some will offer a better deal than others.

By meeting with all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get the best possible small business loan.

Remember, before visiting with local small business banks, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.

Gaebler.com Advice on Raising Money

If you are serious about Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review 504 Loans.

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