This article is written specifically for entrepreneurs in Hoffman Estates, Illinois who are interested in getting a small business loan.
Local Hoffman Estates Business Loan Sources
To help you learn more about local small business lenders, here's our list of small business banks in Hoffman Estates.
Small Business Bank |
Recent SBA Loans |
Affiliated Financing Services Limited |
|
Bank One - Dominick's Locations- Elgin- Hoffman Estates- Dominick's Loca |
|
Charter Mortgage Company |
|
Charter National Bank and Trust |
|
Citicorp Trust Bank F S B |
|
Fifth Third Bank - Prairie Stone Banking Center |
|
Banks that Lend to Hoffman Estates Businesses
Be sure to speak with bankers outside of Hoffman Estates, Illinois. These banks, in the table below, have lent to other Hoffman Estates 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 |
American Enterprise Bank
Buffalo Grove, IL |
1 |
Banco Popular North America
New York City, NY |
5 |
Bank Of America
Charlotte, NC |
3 |
Bank Of The West
San Francisco, CA |
1 |
Capital One
Mclean, VA |
3 |
Cit Small Business Lending Corp
Livingston, NJ |
3 |
Citibank
Chicago, IL |
2 |
Fifth Third Bank
Grand Rapids, MI |
1 |
First Amer Bank Corp
Elk Grove Village, IL |
1 |
Harris National Association
Barrington, IL |
1 |
Harris National Association
Chicago, IL |
1 |
Independence Bank
East Greenwich, RI |
1 |
Jpmorgan Chase Bank
Houston, TX |
14 |
Lasalle Bank
Chicago, IL |
1 |
Nara Bank
Los Angeles, CA |
1 |
National City Bank
Bannockburn, IL |
6 |
National City Bank
Cleveland, OH |
1 |
Rbs Citizens
Providence, RI |
4 |
Shorebank
Bellwood, IL |
2 |
Shorebank
Chicago, IL |
1 |
Tcf National Bank
Edina, MN |
1 |
The Foster Bank
Chicago, IL |
5 |
Washington Mutual Bank
Henderson, NV |
2 |
Hoffman Estates Business Loan Advice
Getting a bank loan is one of the most common sources of funding for a small business, but finding financing is not a slam dunk.
Improve your odds by talking to as many banks as possible.
When getting 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 very competitive loan terms.
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.
Gaebler.com Advice on Raising Money
If you are planning on Raising
Money, you need to educate yourself. If you haven't read it
already, we recommend you review
Getting a Small Business Loan.
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