This article is written specifically for entrepreneurs in Champaign, Illinois who are interested in getting a small business loan.
Local Champaign Banks
To help you learn more about local small business lenders, here's our list of small business banks in Champaign.
Other Lending Resources for Champaign Businesses
Be sure to speak with bankers outside of Champaign, Illinois. These banks, in the table below, have lent to other Champaign 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 |
Bank Of America
Charlotte, NC |
1 |
Capital One
Mclean, VA |
4 |
Cit Small Business Lending Corp
Livingston, NJ |
7 |
Commerce Bank
Kansas City, MO |
2 |
Farmer City State Bank
Farmer City, IL |
1 |
First Busey Securities, Inc.
Urbana, IL |
1 |
First Finan Bank
Terre Haute, IN |
1 |
First Mid-illinois Bank & Trust
Mattoon, IL |
1 |
First National Bank - Danville
Danville, IL |
1 |
Heartland Bank & Trust
Bloomington, IL |
4 |
Herring Bank
Amarillo, TX |
1 |
Illinois National Bank
Springfield, IL |
1 |
Innovative Bank
Oakland, CA |
3 |
Jpmorgan Chase Bank
Houston, TX |
22 |
Marine Bank, Springfield
Springfield, IL |
1 |
National City Bank
Bannockburn, IL |
8 |
National City Bank
Cleveland, OH |
2 |
Regions Bank
Birmingham, AL |
1 |
Regions Bank
Bloomington, IL |
1 |
Superior Financial Group, LLC
Walnut Creek, CA |
1 |
Champaign Business Loan Advice
Getting a bank loan is one of the most common sources of funding for a small business, but getting small business 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 talking to 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 small business financing available.
Remember, before meeting with a banker, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.
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