Call Now: (844) 501-8662
Credibly Logo
Credibly Logo
Credibly Logo
Get Started
Call Now: (844) 501-8662
Credibly Logo
Credibly Logo
Credibly Logo
Get Started

Small business financing and loans in Chicago

Empowering 50,000+ businesses with fast, flexible funding—yours could be next.

Get Started
Group-372.svg

Credibly small business loans in Chicago keep your business moving

  • Funding that fits your needs
    Too little capital can hold you back, and too much can put pressure on your cash flow. Get the right amount to stay in control.
  • Scale without the stress
    Keep your business growing with reliable working capital—without unnecessary financial strain.
  • The Credibly difference
    Get a financing process built for business owners—clear terms, a hassle-free application, and funding when you need it.

Request a quote

LOAN TERMS
Approval

As fast as 2 hours

time to fund
Funding

As fast as 4 hours

$2.5+

Billion in financing

INTEREST RATE
50,000+

Small businesses financed

LOAN TERMS
Approval

As fast as 2 hours

time to fund
Funding

As fast as 4 hours

$2.5+

Billion in financing

INTEREST RATE
50,000+

Small businesses financed

Approval
as fast as 2 hours
Funding
as fast as 4 hours
$2.5+
billion in financing
50,000+
small businesses financed

Financing options for small businesses*

Working capital loan

Uses:

Hire more staff
Hiring is one of the hardest parts of owning your business. A working capital loan for small businesses makes it easier to hire the staff you need.

Scale up your marketing campaigns
Let us help with the right small business loans so you can maximize marketing potential by investing in local ads, digital advertising, and strategic partnerships.

Business specific needs
The challenges you face are unique to you. We’re here to listen and ensure that you always have enough cash flow to seize an opportunity as it arises.

Merchant cash advance

Fluctuating revenue? Not a problem

Merchant cash advances are perfect for businesses with fluctuating revenue and lower credit scores.

You can use these funds to buy inventory, pay employees, make emergency repairs, pay for marketing expenses, purchase equipment, and finance other short-term expansion projects.

Long term loans

Open a new location

Enjoy lower APRs and longer payback periods—perfect for making down payments for a new location.

New equipment

Unlike traditional banks that make finding financing options difficult, we’ll provide you with reasonable interest rates.

Make renovations

Don’t get bogged down in red tape, get lower interest loans that let you make the repairs and updates you need.

Business line of credit

Capital when you need it

Get the most flexible access to working capital anytime you need it with revolving business lines of credit.

Draw only what you need

Withdraw exactly as much as you need, and don’t let your business get saddled with a loan you won’t utilize.

Pay for what you use

You’ll only pay interest on the amount you withdraw, which means the cost of capital is usually less than other types of funding.

How to apply for a small business loan online

Step 1
Apply Online

Click "Get Started" to apply for financing.

Step 2
Gather required documents

We require certain documents from you in the approval process. Be ready with bank statements and a government-issued ID to get started.

Step 3
Approval in as little as 2 hours

Your loan application will be reviewed and you can get approved in as fast as 2 hours.

Step 4
Receive same-day funding

If approved, your requested financing can be transferred to your bank account as soon as the same business day.

What our customers say about our small business loan services in Chicago

Trustpilot
What customers say about our small business loans
Trustpilot
“After dealing with multiple funding companies, this is the only company that presented me an offer with no pressure or false promises. Every other company I spoke with said they could beat Credibly’s offer, but most fail short. This was my second round of funding with Credibly and they are by far the most straightforward merchant cash advance company that I could find. Wherever you go, working capital is expensive and it can be exhausting with all the calls. A lot of other companies I had to report for shopping my information around and pulling my credit without consent. Credibly presented me an offer and allowed me to breath while I made a choice I could only make for my business. Not once did they ask for other companies offers. I am hoping to not need any other cash advances in the future, but this will be the only place if I do.”

Christopher StealeyMerchant Cash Advance
“Mick Sibinovic is a man of his word. He is very responsive, informative & persistent!! He made me feel like more than just a number, which is why even with multiple other offers I still chose to go with credibly. I reached out first a couple months back and after he diligently worked hard to get me the best funding options, I turned it down. He welcomed me back with open arms this time around. Not only is he partnering with me on a short term strategy but a long term strategy as well. I’m excited to see where my business will go & grow with the help of Mick.”

JamesAll-one Home Improvement & Reno
“I run a small business and have utilized multiple other lenders for capital as needed. This is my second time funding with Credibly. Mr. Andrew Jasina did an outstanding job in laying out options for funding. He addressed my questions and was able to find a solution that fit our needs. If you or anyone you know is looking for capital, I would strongly recommend speaking with Andrew @ Credibly.”

Eckel PoolSmall Business Owner

More small business financing options*

Merchant cash advance

Provides you with up-front funding in exchange for a portion of future receivables.

Learn More
Equipment financing

This small business financing option allows you to pay for your machine over the life of the lease with low APRs.

Learn More
Line of credit

Get flexible financing to access funds when you need it.

Learn More
SBA loans

Get lower interest rates and longer repayment periods. We'll guide you through the application for a small business loan.

Learn More

Why Credibly is the obvious choice for small business loans in Chicago

  • Apply for a small business loan online
  • Get funding in as little as 4 hours
  • Funds deposited directly into your bank account
  • Seamless online checkout designed with your success and security in mind
  • Factor rates as low as 1.11**
Small Business Loans in Chicago

Small business loans in Chicago---The Credibly difference

Credibly
Bank Loans
Credit Cards
SBA Loans
Funding Range
$5K-$600K
$100K
Credit dependent
Credit dependent
Process
Pre-qualify online
Soft credit pull only
Long application, credit inspection, business plan, and industry risk
Prequalify online
Soft credit pull only
Long application, credit inspection, business plan, and industry risk
Approval Time
Approval in as fast as 2 hours
Weeks-Months
Less than 30 Days
Months
Time to Funding
as fast as 4 hours
2-3 Months
7-10 Business days
60-90+ Days
Approval Criterias
Overall business health
Credit score and collateral
Credit score
Credit score and collateral

FAQs for small business loans in Chicago

What if I’ve already taken out a loan for my business?

Even if you’ve borrowed before, you may still qualify for funding with Credibly. Many small business owners use Credibly to secure additional working capital. We look at your current business performance and remittance history.

Our team of financing experts will help assess your options and build a plan that works with your existing commitments.

Which financing option gives me the most flexibility?

If flexibility is your top priority, a working capital loan or business line of credit may be great options. You can get funds quickly and use as you need.

These options are ideal for covering gaps in cash flow, handling unexpected costs, or seizing opportunities as they arise.

Is there a minimum time in business to qualify for a small business loan in Chicago?

Yes. To qualify for a small business loan in Chicago through Credibly, your business needs to be operating for at least 6 months.

This helps us understand how your business performs over time and ensures there’s a consistent revenue history to evaluate.

Can I use a small business loan in Chicago to hire employees?

Yes. Many business owners use small business loans in Chicago to expand their team, especially when preparing for growth or covering seasonal demand.

A loan can help you cover salaries, training, onboarding, or even a new workspace.

Can I use a small business loan in Chicago to buy equipment?

Yes. Equipment purchases are a common and smart use of small business loan funds in Chicago.

If you need new tools, updated technology, or replacement machinery, a loan can help you make the purchase without draining your cash reserves.

What should I consider before applying for business financing?

Before applying, ask yourself:

✔ Will this funding help my business grow or stay stable?
✔ How much capital do I actually need?
✔ What are the rates and terms?
✔ Are there any fees or early remittance charges?
✔ How will my remittance structure work? (Fixed payments, percentage-based remittance, etc.)

Carefully reviewing these factors ensures you make the best decision for your business.

Locations we serve

Our recent blogs
Trustpilot

*Some products are made available through Credibly’s network of external funding partners
**Factor rates are included in your daily estimate to simplify remittances and account monitoring. Best factor rates are available to merchants with excellent credit and financial strength.