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Receivable Factoring
Bad Credit - OKAY
Invoice Factoring
No Personal Guaranty
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Equipment Leasing
Purchase New Equipment
Refinance Existing Equipment
100% Financing
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Receivable Financing
Generous Credit Lines
Invoice Finance
Invoice Discounting
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Reverse Mortgage
Reverse Mortgage Lender
Reverse Mortgage Loan
FHA Reverse Mortgage
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Business Loans Illinois

Our loans may be used for start-up, expansion, equipment purchases, working capital, inventory, franchise, business acquisition or real-estate acquisition. Perfect for SBA Startup, Home Based and Small Business loans in Illinois IL. At Franklin Financial Company, we work with companies seeking to get a small business loan. Our areas of expertise include, SBA Loans, SBA CAPLines, Account Receivable Financing, Factoring Accounts Receivable, Purchase Order Financing, Inventory Loans, Equipment Loans, Equipment Leases and Commercial Real Estate secured loans.


If we can't finance your request, chances are it can't be financed!

 

Franklin’s Accounts Receivable Financing program enables companies to draw upon their receivables prior to actual payment being received. If your business invoices other companies for products or services and would benefit by speeding up your cash flow, then we should talk.

SBA Loan Requirements

Unsecured Business LoanBusiness Credit LineSBA 7aSBA 504 Commercial LoanReceivable FinancingPurchase Order Financing
Application FeesNoNoNoNoNoNo
Personal GuaranteePossiblyPossiblyPossiblyPossiblyYesYes
CollateralNoNoPossiblyLand & ImprovementsAccounts ReceivablePurchase Orders
Age of BusinessNew Business Okay2 year minimumNew Business OkayNew Business OkayNew Business OkayNew Business Okay
Funding Amounts$5,000 - $150,000$150,000 - $5 millionup to $5 millionup to $10 million90% of Receivables90% of P.O.
Time to Funding14 - 30 Days1 - 2 Months30 Days45 Days3 Days3 Days
Credit Score Required600+600+600+600+N/AN/A
Interest Rates9.99% to 19.99%Prime Rate +
2-6%
Prime Rate + 2%Index +
Treasury Rate
Prime Rate +
3-6%
Prime Rate +
3-6%
Apply for Unsecured Business Loan IllinoisApply for Business Credit Line IllinoisApply for SBA 7 a IllinoisApply for SBA 504 Commercial Loan IllinoisApply for Receivable Financing IllinoisApply for Purchase Order Financing Illinois

 

Our typical clients:

Illinois IL Loans for new business Short time in business.
Illinois IL Loans for non profitable company Have some operating losses.
Illinois IL Bad Credit Small Business Loans Have some personal credit issues.
Illinois IL Small Business with Bad Credit Have been turned down by bank(s) for bank financing.
Illinois IL Need expansion loan for small business Have SBA / Bank loans not large enough to support growth.
Illinois IL SBA Loan Financial ratios not in-line for traditional line of credit.
Illinois IL second and third bank loans Are currently with finance or factoring company.
Illinois IL Turn around loans Are turn-around businesses showing at least one quarter of profitability and projections to continue quarterly profitability.

We provide businesses these types of financial requests:

Line of Credit loan in Illinois IL Business Credit Line
Asset Based loans Illinois IL Asset Based Loans
Illinois IL Small Business Loans Small Business Loans
Commercial Business Loans in Illinois IL Commercial Business Loans
A/R Lines of Credit in Illinois IL Account Receivable Lines of Credit
Illinois IL Factoring of Receivables Factoring of Receivables
PO Financing in Illinois IL Purchase Order Financing
Inventory Lines of Credit in Illinois IL Inventory Lines of Credit
Equipment Lending and Leasing in Illinois IL Equipment Lending and Leasing Services

 

Leverage the Network now and allow our highly sought after Direct lenders to compete for your business. Competition breeds improvement - which saves you money!

 

How a Illinois small business can get a SBA Loan

The SBA offers numerous loan programs to assist businesses; although the actual lending is done by approved SBA lenders, participating banks and private and commercial financial institutions like us.  We offer small business owners all types of business loans in Illinois IL. Our loan programs are guaranteed in part by the United States Small Business Administration (SBA).

SBA 504 Illinois

At Franklin Financial Company, we work with Illinois companies that want to apply for a 504 SBA business loan. Our commercial loan application packages include both the 1st & 2nd mortgages you require. We take a very flexible approach to credit analysis. We specialize in assisting new Illinois companies, rapidly growing companies, turn-around companies and those with special financial challenges that may prevent qualifying for commercial bank financing under traditional lending criteria. Allow us to offer and create a loan program to provide you access to capital as we have done for other entrepreneurs who cannot qualify for conventional commercial loans.

7a Loan Illinois

The SBA 7(a) loan is the most widely used Small Business Administration financing in Illinois. The SBA 7a can be used for personal property and real property and purchase as well as refinance options.


Receive a 504 or 7a Loan Today!

SBA in Illinois


SBA Illinois

Illinois  SBA Office

500 W. Madison Street, Suite 1250
Chicago , Illinois 60661-2511
(312) 353-4528 Fax (312) 886-5688



Commercial SBA Loans in Illinois to $5 million.

SBA 7a and SBA 504 Loans Illinois

72-hour conditional APPROVAL!

SBA 504 & SBA 7a Quick-Qual
First Name:
Last Name:
Company:
State:
Phone:
Mobile:
Email:
Type of Loan Desired:
Industry:
Loan Amount Desired:
Description:


Debt Financing in One Payment
  • NO APPLICATION FEES!
  • Online Application
  • 90% Approval Rate
  • NO Cancellation Fees
  • NO Long-Term Contract






Illinois IL Small Business Loan


Illinois IL Small Business
Visit the Small Business Administration to review sbaloans.
SBA.gov

Small Business
Albany
Albion
Aledo
Allendale
Alpha
Alton
Amboy
Anchor
Andalusia
Anna
Antioch
Arcola
Argenta
Arlington Heights
Arlington Hgts
Arlington Hts
Arthur
Ashkum
Astoria
Athens
Atlanta
Audurn
Aurora
Ava
Avon
Barrington
Barry
Batavia
Beecher City
Beecher
Belleville
Belvidere
Bement
Berdstown
Berkeley
Berwyn
Bethany
Biggsville
Bloomington
Blue Mound
Bluffs
Bourbonnais
Bridgeport
Bridgeview
Brookfield
Brownstown
Buckley
Buffalo Prairie
Burr Ridge
Bushnell
Byron
Campbell Hill
Camp Grove
Camp Point
Campus
Canton
Carbondale
Carlinville
Carlyle
Carmi
Carrollton
Carthage
Casey
Catlin
Cerro Grdo
Champaign
Channahon
Charleston
Chatsworth
Cherry
Chesterfield
Chester
Chestnut
Chicago
Chicago Ridge
Chillicothe
Chrisman
Cicero
Cissna Park
Clay City
Clinton
Colchester
Colfax
Collinsville
Columbia
Countryside
Cowden
Crete
Cropsey
Crystal Lake
Danforth
Danville
Davis
Decatur
Dekalb
Des Plaines
Dewey
Dieterich
Downers Grove
Du Quoin
Durand
Dwight
Earlville
Easton
East St Louis
Edinburg
Edwardsville
Effingham
Wonder Lake
Wood Dale
Worth
Xenia
Yates City
Eldorado
Elgin
Elizabeth
Elk Grove Village
Elkville
Elmhurst
Elmwood Park
El Paso
Elwood
Emden
Erie
Eureka
Evanston
Evansville
Fairbury
Fairfield
Fairview Heights
Fairview
Farmer City
Farmington
Fisher
Flora
Forest Park
Forreston
Frankfort
Franklin Grove
Franklin
Freeport
Galena
Galesburg
Galva
Geneseo
Geneva
Georgetown
Germantown
German Valley
Gibson City
Gifford
Gilman
Glasford
Glen Ellyn
Glenview
Goodfield
Grand Chain
Grand Ridge
Granite City
Grant Park
Granville
Graymont
Greenville
Griggsville
Gurnee
Hamilton
Hanover Park
Hardin
Harrisburg
Hartsburg
Harverd
Harvey
Harwood Heights
Havana
Hennepin
Henry
Herscher
Hickory Hills
Highland Park
Hillsboro
Hillside
Hinsdale
Hoffman Estates
Hoffman
Holcomb
Homer Glen
Homewood
Hoopeston
Hutsonville
Industry
Ipava
Iroquois
Irvington
Itasca
Iuka
Ivesdale
Jacksonville
Jerseyville
Joliet
Joy
Kampsville
Kankakee
Kewanee
Kincaid
Kinderhook
La Harpe
Lake Forest
Lake Zurich
Lanark
Lansing
La Salle
Lasalle
Latham
Lawrenceville
Lemont
Lena
Lewistown
Liberty
Libertyville
Lima
Lincoln
Whittington
Williamsfield
Wilmette
Winchester
Winfield
Witt
Lincolnwood
Lisle
Litchfield
Lombard
Louisville
Lovington
Mackinaw
Macomb
Macon
Manteno
Marengo
Marion
Maroa
Marseilles
Marshall
Mascoutah
Mason City
Matteson
Mattoon
Maywood
Mazon
Mc Henry
Mchenry
Medora
Melrose Park
Mendota
Mendoth
Metropolis
Milan
Milford
Milledgeville
Miner
Minooka
Modesto
Mokena
Moline
Monmouth
Montgomery
Monticello
Morris
Morrison
Morrisonville
Morton Grove
Morton
Mount Sterling
Mount Zion
Moweaqua
Mt Carmel
Mt Pulaski
Mt Sterling
Mt Vernon
Murphysboro
Naperville
Nashville
Nauvoo
New Berlin
New Lenox
Newton
Niantic
Nokomis
Normal
Norridge
Northbrook
Northfield
Oakbrook Bank
Oak Brook
Oakbrook Terrace
Oakdale
Oak Forest
Oak Lawn
Oak Park
Oakwood
Ofallon
Okawville
Olney
Onarga
Oneida
Orangeville
Oregon
Orion
Orland Park
Oswego
Ottawa
Palatine
Palos Heights
Palos Hills
Pana
Paris
Park Ridge
Paw Paw
Paxton
Pearl City
Pekin
Peoria Heights
Peoria
Peotone
Peru
Petersburg
Philo
Pinckneyville
Piper City
Pittsfield
Pleasant Hill
Pleasant Plaines
Plymouth
Polo
Pontiac
Poplar Grove
Port Byron
Westmont
West Salem
Wheaton
White Hall
Prairie Du Rocher
Princeton
Princeville
Princton
Prophetstown
Quincy
Rantoul
Raritan
Raymond
Red Bud
Reynolds
Robinson
Rochelle
Rochester
Rockford
Rock Island
Rolling Meadows
Roscoe
Rosemont
Rosemonts
Roseville
Rosiclare
Rushville
Sainte Marie
Salem
Sandoval
Saunemin
Savanna
Schaumburg
Shabbona
Shelbyville
Sheldon
Sheriden
Shipman
Shorewood
Sidell
Sidney
Skokie
South Holland
Sparta
Speer
Springfield
Spring Valley
St Anne
Staunton
St Charles
St Elmo
Sterling
Stewardson
Stillman Valley
St Jacob
St Libory
Streator
Stronghurst
Sublette
Sullivan
Swansea
Sycamore
Sycamore
Table Grove
Taylorville
Teutopolis
Texico
Timewell
Toledo
Tonica
Toulon
Tremont
Trenton
Trivoli
Tuscola
Ursa
Vandalia
Varna
Vermont
Vienna
Villa Grove
Virginia
Walnut
Warsaw
Waterloo
Waterman
Wath
Watseka
Waukegan
Waverly
Wenona
West Brooklyn
West Chicago
Western Springs
West Frankfort