Small Business Loans in Chicago
Sourcing the funding your small business needs to grow and succeed
Get a Loan For your Business in Chicago
Obtaining a small business loan in Chicago doesn’t need to be time-consuming or frustrating. And with JSV Capital, it isn’t. JSV Capital is committed to the financial success of your business and understands that each client is unique. At JSV Capital, financing solutions are tailored to every business’s needs, no matter what industry you’re in. With quick application review times and economical funding options, business owners can worry less about financing and focus on running their business effortlessly.
What Is a Small Business Loan?
A small business loan is a set amount of money received from a lender to a business owner for financing that covers expenses and provides necessary working capital like hiring staff, purchasing new equipment, and marketing. The borrower is required to pay back the loan in installments. A small business loan is a smart investment if you want to expand while having financial stability.
How Do JSV Capital’s Small Business Loans Work?
The process of acquiring funds at JSV Capital is effortless, providing business owners with customized financing solutions that suit their business’s individual needs.
Automatic Fixed Payments
Business owners are set up with automatic, recurring payments based on a schedule that is predetermined between a JSV financial expert and the business owner. Deductions are made automatically from the business bank account either weekly, bi-weekly, or monthly depending on the business owner’s choice. This convenient feature is also helpful for boosting your credit score.
When small business owners receive a lump sum upfront, they are given fixed payments and terms so that the loan is paid back in intervals. With JSV Capital, term options for small business loans range from six months to 10 years.
Attractive Interest Rates
Interest rates vary among borrowers depending on their qualifications, loan types, and the lender. JSV Capital offers competitive rates ranging from 5% to 35% with no prepayment penalty.
JSV Capital offers a fast, easy application process so that small business owners can get funds deposited to their business bank accounts within hours after approval. With JSV, small business owners can choose between micro-loans for instant cash flow or larger loans up to $1,000,000.
Our Business Funding Advantage
What Do I Need to Qualify For a Small Business Loan?
After submitting an application for a small business loan at JSV Capital, you will be asked to provide the past three months of business account bank statements. Business owners will also need to provide valid identification and the business bank account number. Other than these common requirements, JSV Capital asks that applicants meet the following criteria:
- Have 500+ credit score
- Have been in business for at least 6 months
- Have $180,000 in annual revenue
What Do I Need to Qualify for a Loan?
How to Apply
How Quickly Can I Receive Funds After Applying?
JSV Capital aims to make obtaining a small business loan as simple and stress-free as possible. You can apply online and there is no cost, no obligation to the application process. Upon approval, borrowers can expect funding to be deposited into their account in as little as 12 to 48 hours.
After you submit your application, a JSV Capital specialist will review your application and provide you with a response and any options available to you.
Do I Need Collateral for a Small Business Loan?
You do not need to provide collateral or a down payment with JSV Capital in order to receive funds. If you have any questions, you can reach out to one of our dedicated loan experts today with no obligation.
Inquire about our Business Loan programs.
We are one of the most trusted sources for merchant cash advances. Unlike most lending companies, JSV Capital provides access to quick and affordable small business funding options for all types of businesses.
Like you, JSV Capital is a small business, and we take pride in helping our neighbors secure the financing they need to grow and achieve success. Contact a reputable loan consultant at JSV Capital about how we can help you and your business get funding today.
Apply for Small Business Financing
No cost to apply. Applying will not impact your credit score.