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
$4,384/mo
Typical payment
~11.25% · 10yr
$60,499/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
1
Lenders competing
more = leverage
4.5%
Avg rate on record
cap ~10.00%
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.
- 1.2 loans · $1M · Pana, ILFull record →
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 →
Your business? Claim this record · Request removal
Financing a repossession services deal in Illinois? Start with the right lender
We'll point you to the SBA lenders already funding your industry 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 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. Peoples Bank & Trust funds the most here. 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 2026-10-12.
- 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.