Program

Advantage Illinois

Status to confirm

A State of Illinois credit support program funded under the State Small Business Credit Initiative that offers loan guarantees or loan participation through approved lenders to Illinois businesses that struggle to obtain normal financing. Support amounts depend on job creation, loan size and risk.

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Key facts

Organiser: Illinois Department of Commerce and Economic Opportunity (DCEO)
Amount: $2,000,000 · Loan
Open to: United States
Sectors: Any sector

Only for founders in Illinois.

3 details are locked

See your fit: whether you qualify, the official application form, and Autopilot to fill it in for you. Equity, fees, format and location open with it.

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Key questions about Advantage Illinois

Who can apply to Advantage Illinois?

Eligible locations: United States. The company must be incorporated in United States. Other requirements: Fewer than 750 employees; Must have a present challenge obtaining financing through normal means; Must be in good standing with the Illinois Secretary of State.

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Verified on November 4, 2026 against the official page.