Lender intelligence
Financing a repossession services acquisition in Illinois
The SBA 7(a) lenders funding the most repossession services 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 repossession services in Illinois
$315K
Typical loan
range $315K–$315K
$350K
Est. purchase price
≈ loan ÷ 90%
$46,813
Cash to close
$35,000 down + fees
$4,339/mo
Typical payment
~11% · 10yr
$59,878/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
1
Lenders competing
more = leverage
4.5%
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 repossession services · Illinois
Ranked by funded repossession services acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public repossession services loan history in Illinois to rank lenders yet. See repossession services lenders nationwide →
1+ funded Repossession Services 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.
- All Cities Recovery in Madison, IL — $315K (2020) · purchase · Peoples Bank & Trust
- Program
- 7a General
- Rate at approval
- 4.5% variable
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $236K (75%)
- Approved
- 8/28/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Individual
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Repossession Services
If you were the buyer here
- Est. deal size
- $350K
- Est. down payment (10%)
- $35K
- Est. cash at closing
- $47K
- Monthly payment
- $1,993
- Annual debt service
- $24K
- Cash flow needed (1.25×)
- $30K
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 Peoples Bank & Trust · Lender record →
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to repossession services businesses with a Illinois project address.
Agent summary
How to finance a repossession services 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.
- $615K typical loan
- 1 lenders active in Illinois
- 1+ funded Illinois deals
Buyers buying a repossession services 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 2026-06-22.
- 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.