Illinois Business Financial Services (IBFS) is a Certified Development Company (CDC) whose primary mission is to foster economic development and support job creation and retention across the state of Illinois. As a non-profit organization licensed by the U.S. Small Business Administration (SBA), IBFS specializes in administering the SBA 504 Loan Program. This program provides small and medium-sized businesses with long-term, fixed-rate financing for major fixed assets, such as land, buildings, and equipment. IBFS collaborates with local lenders to structure financing packages that help businesses grow while minimizing their required down payment.

Founded in

United States