Beauty & Personal Care · lender intelligence
How to finance a Cost Cutters in Illinois
The SBA 7(a) lenders funding the most Cost Cutters deals in Illinois, from public loan records — typical Cost Cutters loan about $1.1M. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Cost Cutters in Illinois
$1.13M
Typical loan
range $1.13M–$1.13M
$1.26M
Est. purchase price
≈ loan ÷ 90%
$172,107
Cash to close
$125,511 down + fees
$14,617/mo
Typical payment
~9.5% · 10yr
$201,715/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
34 days
Typical time to fund
1
Lenders competing
more = leverage
6.25%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active with Cost Cutters in Illinois
Ranked by funded Cost Cutters loans in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
No directory lender has enough Cost Cutters loans in Illinois to rank yet. See Cost Cutters lenders nationwide →
1+ funded Cost Cutters in Illinois deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Trenik Corp in Poplar Grove, IL — $1.1M (2020) · Foresight Bank
- Program
- 7a General
- Rate at approval
- 6.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $847K (75%)
- Approval → funding
- 34 days
- Approved
- 12/18/2019
- First disbursed
- 1/21/2020
- Loan status
- Paid in full (9/30/2021)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 70
- Business age
- Existing or more than 2 years old
- Industry
- Beauty Salons
Funded by Foresight Bank
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Buying a Cost Cutters in Illinois? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench analysis of public SBA 7(a) lending records; ranked by funded Cost Cutters loans with a Illinois project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Cost Cutters purchase in Illinois with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Illinois deals. CapBench is not a lender.
- $1.1M typical Cost Cutters loan
- 1 lenders active in Illinois
- 1+ funded Illinois deals
- 34 days typical to fund
Buyers buying a Cost Cutters in Illinois typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.