Named the No. 1 SBA lender in Illinois for the second year in a row, Wintrust’s team of SBA loan experts has the local expertise to craft the lending solution your small business needs to succeed.

As a small business owner, your journey from surviving to thriving is fueled by passion, planning, perseverance — and resources. Any entrepreneur will tell you that the more access to resources you have, the better your chances of success will be. And after a particularly challenging few years, securing all resources available is more important to business success than ever.

Ask yourself: am I equipped with the resources I need to grow my business? If not, it’s time to evaluate how you may be able to take advantage of a U.S. Small Business Administration (SBA) loan.

As the No. 1 SBA lender in Illinois, our dedicated team is equipped to guide you through the ins and outs of the lending process and secure the precise solution your business needs to thrive. Our collective expertise, efficiency, local decision making, and flexible loan options all work together to fuel the success we’ve been able to achieve on behalf of our customers.

Work with a locally based, dedicated SBA lending team focused on solutions for you

Unlike most national banks, Wintrust has a dedicated SBA lending team that specializes in serving the unique needs of local small businesses. Because our team focuses 100% of its time on SBA loan services, we’re always there to walk you through every step of the way. We also act as specialized product partners and providers for Wintrust’s commercial banking team, which leads to more precise solutions and more efficient lending needs for your business.

Our SBA lending team has outperformed all other SBA lenders in the state based on the total amount of SBA loans we’ve helped process for our small business customers. And like all Wintrust bankers, our SBA team is made up of highly professional, strong communicators who understand the nuances of your local business community and are as dedicated to your success as you are.

Quality service is a hallmark of the SBA lending experience with Wintrust. Our knowledgeable bankers’ market familiarity and local decision making ensure that the lending process is straightforward for small business owners. And because we serve our clients in-market, Wintrust’s team of local experts is always available to help.

Choose from a variety of SBA loan options tailored to meet your needs

No matter what kind of support your small business requires, Wintrust has you covered. With experience servicing SBA loans across the board and a robust range of lending options available, our collaborative team knows how to cater to your needs. Some of the common SBA loan options we offer include:

• SBA 7a Loans: This type of loan provides a solution for businesses in amounts exceeding standard bank loan amounts, up to $5 million. It can be used to help businesses expand and improve cash flow as funds for buyouts, equipment financing, and debt restructuring. You can also refinance existing business debt with SBA 7a Loans.
• SBA Express Loans and Lines of Credit: With an accelerated process, these loans allow for faster turnaround times than other SBA loans, allowing you to access the resources you need, when you need them. SBA Express Loans and Lines of Credit provide up to $500,000, and you can expect lower down payments on fixed assets, longer amortization of business expansion loans, and financed fees.
• SBA 504 Loans: If your business needs new equipment, or a larger space, an SBA 504 Loan can provide up to $10 million to cover the costs of equipment or real estate for your business. SBA 504 Loans are longer term loans with fixed-rate financing on a portion of debt. Construction financing is also available with SBA 504 Loans.

Whatever your business may need, these loans serve as a starting point for developing the solution that works best for you. And even after we design your loan, our team can modify it down the road if your situation has changed. You can always count on our experienced lending team to work with you to customize a loan that best fits your needs and goals as your business evolves.

Count on trusted, proactive support through the hard times and the good

If the unique economic challenges of the past few years have made anything clear for small businesses, it’s the value of having a community partner you can count on. At Wintrust, our overall customer service has awarded us multiple Greenwich awards, and for two years in a row, the designation of No. 1 SBA lender in the state of Illinois.

Being No. 1 means there’s no one better. Across service, experience, and solutions, Wintrust delivers small business owners the best service in the state of Illinois. We pride ourselves on being there when you need us, and still there when you don’t.

Don’t wait to give your small business the boost it needs. Reach out to the Wintrust SBA lending team today for your tailored lending solution. Find your banker here.