Business Equipment Loans in Chicago, IL
Equip your rocket with tools, vehicles, inventory, even
excavators. Anything you need to stay in orbit
You Have The Skills, Now Get The Tools
In Chicago, IL, our equipment loans give you the financial lift your business needs. From upgrading tools to expanding facilities, we’ll help you achieve your goals without financial turbulence.
Huge Loan Amounts
Get the equipment financing you need, from small upgrades to large investments, tailored to your needs.
Flexible Repayment Terms
Select repayment plans that fit your business's budget, with terms designed for long-term success.
Fast Application Process
Apply quickly and easily, with minimal paperwork and fast approval to meet your business needs.
Not Just Chicago Equipment Loans
StartCap’s loan products include secured loans and lines of credit to provide businesses with the capital they need to grow. Whatever your financial goals may be, we have the right solution for you.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Chicago or nationwide.
Here's a truck load of stuff to get kicked off
Find Business Equipment Loans
Near Chicago, IL
If you're in Chicago or any of the nearby cities, our equipment loans can help you grow your business. With competitive rates and flexible terms, we’re here to support your success. From Cicero to Summit and beyond, we've got you covered.
Equipment Loan FAQ's
Chicago's industrial spirit thrives alongside the iconic Lake Michigan shoreline, creating a dynamic environment for business equipment financing. Local founders often seek reliable lending solutions that match the city's innovative infrastructure and diverse economic ecosystem.
Here are a few local suggestions:- First Midwest Bank at LaSalle Street & Adams Street
- MB Financial Bank at State Street & Monroe Street
- Urban Partnership Bank at Jackson Boulevard & Wells Street
- Wintrust Financial at Michigan Avenue & Washington Street
- Northern Trust at Clark Street & Randolph Street
- Illinois Lending Group at River North District
For new business owners hunting equipment loans, StartCap offers strategic solutions complementing Chicago's lending landscape. Understanding local market nuances helps founders secure financing tailored to manufacturing, technology, and service sector equipment needs in IL.
Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & requirements.Interest rates for equipment loans in Chicago, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Chicago, which are popular for new businesses, generally have rates ranging from 7% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.
No, you don't even need to be registered with your state to receive funding. In most cases we can either help you get registered with your state or find alternatives that depend more on personal credit, income or assets.
Equipment financing in Chicago, IL covers a wide range of machinery and tools essential for business growth. From restaurant kitchen appliances and agricultural tractors to construction excavators and manufacturing equipment, local business owners can secure loans for critical operational assets across diverse industries.
Small business financing options through local lenders like StartCap help Illinois entrepreneurs acquire necessary equipment without depleting working capital. Restaurant owners near Millennium Park, agricultural businesses in Cook County, and construction firms throughout IL can explore tailored equipment financing solutions matching their specific operational requirements.
