Financing a hardware manufacturing acquisition in Illinois

State:

The SBA 7(a) lenders funding the most hardware manufacturing acquisitions in Illinois, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.

Deal economics— what it takes to buy & finance hardware manufacturing in Illinois

$983K

Typical loan

range $150K–$3.60M

$1.09M

Est. purchase price

≈ loan ÷ 90%

$149,771

Cash to close

$109,222 down + fees

$12,720/mo

Typical payment

~9.5% · 10yr

$175,536/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

44 days

Typical time to fund

Lenders competing

more = leverage

8.82%

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 in hardware manufacturing · Illinois

Ranked by funded hardware manufacturing acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.

1.8 loans · $5M · Hinsdale, ILFull record →
2.242 loans · $281M · Chicago, ILFull record →

3+ funded Hardware Manufacturing 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.

ORLAND MACHINE, LLC in Frankfort, IL — $3.6M (2025) · purchase · Hinsdale Bank & Trust Company, National Association
Program
Preferred Lenders Program
Rate at approval
6.72% fixed
Term
192 mo (16 yrs)
SBA guaranteed
$2.7M (75%)
Approval → funding
44 days
Approved
9/30/2025
First disbursed
11/13/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Hardware Manufacturing
If you were the buyer here
Est. deal size
$4.0M
Est. down payment (10%)
$400K
Est. cash at closing
$553K
Monthly payment
$30,676
Annual debt service
$368K
Cash flow needed (1.25×)
$460K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Hinsdale Bank & Trust Company, National Association · Lender record →
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ORLAND MACHINE, LLC in Frankfort, IL — $150K (2025) · purchase · Hinsdale Bank & Trust Company, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
8.5% variable
Term
84 mo (7 yrs)
SBA guaranteed
$75K (50%)
Approval → funding
44 days
Approved
9/30/2025
First disbursed
11/13/2025
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Hardware Manufacturing
If you were the buyer here
Est. deal size
$167K
Est. down payment (10%)
$17K
Est. cash at closing
$21K
Monthly payment
$2,375
Annual debt service
$29K
Cash flow needed (1.25×)
$36K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Hinsdale Bank & Trust Company, National Association · Lender record →
Your business? Claim this record · Request removal
THE MCNAMARA COMPANY in Ringwood, IL — $983K (2024) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
11.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$737K (75%)
Approval → funding
17 days
Approved
11/4/2023
First disbursed
11/21/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
5
Business age
Change of Ownership
Industry
Hardware Manufacturing
If you were the buyer here
Est. deal size
$1.1M
Est. down payment (10%)
$109K
Est. cash at closing
$150K
Monthly payment
$13,680
Annual debt service
$164K
Cash flow needed (1.25×)
$205K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal

Financing a hardware manufacturing deal in Illinois? Start with the right lender

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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to hardware manufacturing businesses with a Illinois project address.

Agent summary

How to finance a hardware manufacturing acquisition in Illinois with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Illinois deals. Hinsdale Bank & Trust Company, National Association funds the most here. CapBench is not a lender.

$1.1M typical loan
2 lenders active in Illinois
3+ funded Illinois deals
44 days typical to fund

Buyers buying a hardware manufacturing in Illinois typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All hardware manufacturing lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/industry/hardware-manufacturing/illinois
API:: https://www.capbench.com/api/public/lenders?industry=hardware-manufacturing
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.