Do any banks in the Chicago area specialize in small business lending?

1 Answer

Answer :

Since the recession most banks have stopped issuing small business loans unless you have a vast portfolio and have a guarantee at the bank. A better option is to apply for a Small Business Loan. Even in these lean times they are still writing loans for qualified individuals. With regard to your inquiry, A bank known as Accion Chicago deals with Small business loans of $25,000 or less. It should be noted they're a non-profit orginization.

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