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Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Loans

Advantage Illinois

Status

Open continuously

No deadline — apply whenever you are ready.

Always open
Amount
$2,000,000

Loan participation support from USD 10,000 up to USD 2,000,000, delivered only through participating lenders.

Funder

Illinois Department of Commerce and Economic Opportunity (DCEO)

public · regional

Deadline: Open all year

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
quick

Quick — mostly identity and bank details.

Who can apply

Must show difficulty obtaining financing through normal means; fewer than 750 employees; good standing with IL Secretary of State; taxes current; no bankruptcies/judgments/liens in 5 years. Apply via an approved lender, not DCEO.

How to apply

  1. Apply to a participating Illinois lender
  2. Ask the lender to enrol the loan in the relevant Advantage Illinois programme

Related reading: How grant deadlines actually work · The EU SME definition (Recommendation 2003/361)

Apply on the funder's site

Source. https://dceo.illinois.gov/smallbizassistance/advantageillinois.html

Last checked against the official page on 5 October 2026

Source: dceo.illinois.gov

Report an error Something wrong or out of date? Tell us.

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