Lender intelligence
Financing a hardware retailers acquisition in Illinois
The SBA 7(a) lenders funding the most hardware retailers 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 retailers in Illinois
$1.45M
Typical loan
range $307K–$1.45M
$1.61M
Est. purchase price
≈ loan ÷ 90%
$221,142
Cash to close
$161,111 down + fees
$18,763/mo
Typical payment
~9.5% · 10yr
$258,929/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
21 days
Typical time to fund
2
Lenders competing
more = leverage
7.1%
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 retailers · Illinois
Ranked by funded hardware retailers acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public hardware retailers loan history in Illinois to rank lenders yet. See hardware retailers lenders nationwide →
2+ funded Hardware Retailers 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.
- SIR HENRYS ACE HARDWARE SKOKIE INC. in Skokie, IL — $1.4M (2023) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 16 days
- Approved
- 11/2/2022
- First disbursed
- 11/18/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Hardware Retailers
If you were the buyer here
- Est. deal size
- $1.6M
- Est. down payment (10%)
- $161K
- Est. cash at closing
- $221K
- Monthly payment
- $11,676
- Annual debt service
- $140K
- Cash flow needed (1.25×)
- $175K
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 →
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- Broadview Hardware, inc. in Broadview, IL — $307K (2022) · purchase · U.S. Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.7% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $230K (75%)
- Approval → funding
- 21 days
- Approved
- 3/11/2022
- First disbursed
- 4/1/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Hardware Retailers
If you were the buyer here
- Est. deal size
- $341K
- Est. down payment (10%)
- $34K
- Est. cash at closing
- $46K
- Monthly payment
- $1,922
- Annual debt service
- $23K
- Cash flow needed (1.25×)
- $29K
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 U.S. Bank, National Association · Lender record →
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to hardware retailers businesses with a Illinois project address.
Agent summary
How to finance a hardware retailers 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. CapBench is not a lender.
- $1.1M typical loan
- 2 lenders active in Illinois
- 2+ funded Illinois deals
- 21 days typical to fund
Buyers buying a hardware retailers 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.
- 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.