Lender intelligence

Most active SBA lenders in Illinois

Industry:

Illinois has 298 FDIC-insured banks, but only a fraction fund business purchases. These 25 banks closed 1,466 SBA 7(a) loans in Illinois in the last 12 months. A lender funding deals here every week knows the local market and moves faster — start at the top.

Deal economics— what it takes to buy & finance Illinois acquisitions

$650K

Typical loan

range $314K–$1.63M

$722K

Est. purchase price

≈ loan ÷ 90%

$96,597

Cash to close

$72,222 down + fees

$8,411/mo

Typical payment

~9.5% · 10yr

$116,072/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

97.8%

Still performing

2.2% default · FY20–23

20 days

Typical time to fund

133

Lenders competing

more = leverage

9.49%

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.

1.2,539 loans · $965M · Columbus, OHFull record →
2.3 loans · $2M · Minneapolis, MNFull record →
3.3,264 loans · $846M · Miami, FLFull record →
4.242 loans · $281M · Chicago, ILFull record →
5.1,296 loans · $1.4B · Wilmington, NCFull record →
6.1,025 loans · $292M · Berkeley Heights, NJFull record →
7.499 loans · $106M · Los Angeles, CAFull record →
8.868 loans · $362M · Salt Lake City, UTFull record →
9.741 loans · $149M · Northbrook, ILFull record →
10.20 loans · $8M · Saint Petersburg, FLFull record →
11.284 loans · $254M · Cincinnati, OHFull record →
12.291 loans · $320M · Laguna Hills, CAFull record →
13.128 loans · $40M · Wilmington, DEFull record →
14.20 loans · $14M · Arlington Heights, ILFull record →
15.116 loans · $120M · Evansville, INFull record →
16.17 loans · $9M · Saint Charles, ILFull record →
17.575 loans · $220M · De Graff, OHFull record →
18.36 loans · $51M · Carmel, INFull record →
19.19 loans · $3M · Springfield, ILFull record →
20.16 loans · $9M · Effingham, ILFull record →
21.112 loans · $112M · Irving, TXFull record →
22.32 loans · $37M · Champaign, ILFull record →
23.26 loans · $42M · Chicago, ILFull record →
24.8 loans · $5M · Hinsdale, ILFull record →
25.318 loans · $229M · Osage Beach, MOFull record →

779+ funded 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.

MAPLE CREEK HOSPITALITY INC. in Hoffman Estates, IL — $5.0M (2026) · purchase · GBank
Program
Preferred Lenders Program
Rate at approval
7.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$3.8M (75%)
Approved
3/27/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
9
Business age
Change of Ownership
Industry
Hotels (except Casino Hotels) and Motels
If you were the buyer here
Est. deal size
$5.6M
Est. down payment (10%)
$556K
Est. cash at closing
$769K
Monthly payment
$37,766
Annual debt service
$453K
Cash flow needed (1.25×)
$566K
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 GBank · Lender record →
Your business? Claim this record · Request removal
Freeport Real Property, LLC in Lakewood, IL — $5.0M (2026) · purchase · OptimumBank
Program
Preferred Lenders Program
Rate at approval
9.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$3.8M (75%)
Approved
1/29/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
69
Business age
Change of Ownership
Industry
Nursing Care Facilities (Skilled Nursing Facilities)
If you were the buyer here
Est. deal size
$5.6M
Est. down payment (10%)
$556K
Est. cash at closing
$769K
Monthly payment
$44,557
Annual debt service
$535K
Cash flow needed (1.25×)
$668K
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 OptimumBank · Lender record →
Your business? Claim this record · Request removal
Tedrick Insurance Agency, Inc. in Mount Vernon, IL — $5.0M (2026) · purchase · Peoples National Bank National Association
Program
7a General
Rate at approval
8.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$3.8M (75%)
Approved
1/21/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
16
Business age
Change of Ownership
Industry
Insurance Agencies and Brokerages
If you were the buyer here
Est. deal size
$5.6M
Est. down payment (10%)
$556K
Est. cash at closing
$769K
Monthly payment
$61,326
Annual debt service
$736K
Cash flow needed (1.25×)
$920K
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 National Bank National Association · Lender record →
Your business? Claim this record · Request removal
5GStore.com, LLC in Crystal Lake, IL — $4.5M (2026) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
8.1% variable
Term
120 mo (10 yrs)
SBA guaranteed
$3.4M (75%)
Approval → funding
11 days
Approved
2/13/2026
First disbursed
2/24/2026
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
2
Business age
Change of Ownership
Industry
Other Computer Related Services
If you were the buyer here
Est. deal size
$5.0M
Est. down payment (10%)
$500K
Est. cash at closing
$692K
Monthly payment
$54,835
Annual debt service
$658K
Cash flow needed (1.25×)
$823K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
5GStore.com, LLC in Crystal Lake, IL — $4.5M (2026) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
8.1% variable
Term
120 mo (10 yrs)
SBA guaranteed
$3.4M (75%)
Approved
1/12/2026
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Change of Ownership
Industry
Other Computer Related Services
If you were the buyer here
Est. deal size
$5.0M
Est. down payment (10%)
$500K
Est. cash at closing
$692K
Monthly payment
$54,835
Annual debt service
$658K
Cash flow needed (1.25×)
$823K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Concordia Enterprises LLC in Antioch, IL — $4.0M (2026) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$3.0M (75%)
Approval → funding
29 days
Approved
1/29/2026
First disbursed
2/27/2026
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
23
Business age
Change of Ownership
Industry
All Other Industrial Machinery Manufacturing
If you were the buyer here
Est. deal size
$4.5M
Est. down payment (10%)
$447K
Est. cash at closing
$618K
Monthly payment
$51,533
Annual debt service
$618K
Cash flow needed (1.25×)
$773K
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
Baniel Chicago LLC in Chicago, IL — $3.8M (2026) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
8.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.9M (75%)
Approved
1/2/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
11
Business age
Change of Ownership
Industry
All Other Travel Arrangement and Reservation Services
If you were the buyer here
Est. deal size
$4.3M
Est. down payment (10%)
$427K
Est. cash at closing
$590K
Monthly payment
$47,096
Annual debt service
$565K
Cash flow needed (1.25×)
$706K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
EZlocal Holdings LLC in Lisle, IL — $3.8M (2026) · purchase · Pathward National Association
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.8M (75%)
Approved
2/25/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
22
Business age
Change of Ownership
Industry
Other Computer Related Services
If you were the buyer here
Est. deal size
$4.2M
Est. down payment (10%)
$417K
Est. cash at closing
$576K
Monthly payment
$48,524
Annual debt service
$582K
Cash flow needed (1.25×)
$728K
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 Pathward National Association · Lender record →
Your business? Claim this record · Request removal
BGDL, LLC in Park Ridge, IL — $3.5M (2026) · purchase · Village Bank and Trust, National Association
Program
Preferred Lenders Program
Rate at approval
7.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.6M (75%)
Approved
1/27/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
11
Business age
Change of Ownership
Industry
Surgical and Medical Instrument Manufacturing
If you were the buyer here
Est. deal size
$3.9M
Est. down payment (10%)
$389K
Est. cash at closing
$538K
Monthly payment
$41,149
Annual debt service
$494K
Cash flow needed (1.25×)
$617K
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 Village Bank and Trust, National Association · Lender record →
Your business? Claim this record · Request removal
Lundeen's Discount Liquors in Sycamore, IL — $3.0M (2026) · purchase · Centerstone SBA Lending, Inc.
Program
Preferred Lenders Program
Rate at approval
8.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$2.3M (75%)
Approval → funding
16 days
Approved
1/7/2026
First disbursed
1/23/2026
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
Beer, Wine, and Liquor Retailers
If you were the buyer here
Est. deal size
$3.3M
Est. down payment (10%)
$334K
Est. cash at closing
$461K
Monthly payment
$23,693
Annual debt service
$284K
Cash flow needed (1.25×)
$355K
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 Centerstone SBA Lending, Inc. · Lender record →
Your business? Claim this record · Request removal
CMGL Maintenance Inc. in Mokena, IL — $3.0M (2026) · purchase · Hanover Community Bank
Program
Preferred Lenders Program
Rate at approval
8.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.2M (75%)
Approval → funding
37 days
Approved
12/10/2025
First disbursed
1/16/2026
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
24
Business age
Change of Ownership
Industry
Other Services to Buildings and Dwellings
If you were the buyer here
Est. deal size
$3.3M
Est. down payment (10%)
$329K
Est. cash at closing
$454K
Monthly payment
$37,097
Annual debt service
$445K
Cash flow needed (1.25×)
$556K
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 Hanover Community Bank · Lender record →
Your business? Claim this record · Request removal
Clarke Professional Accounting, LLC in Chicago, IL — $2.7M (2026) · purchase · Monterey County Bank
Program
7a General
Rate at approval
9% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.0M (75%)
Approval → funding
8 days
Approved
12/9/2025
First disbursed
12/17/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
9
Business age
Change of Ownership
Industry
Offices of Certified Public Accountants
If you were the buyer here
Est. deal size
$3.0M
Est. down payment (10%)
$296K
Est. cash at closing
$409K
Monthly payment
$33,784
Annual debt service
$405K
Cash flow needed (1.25×)
$507K
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 Monterey County Bank · Lender record →
Your business? Claim this record · Request removal
Green Mill Corporation in Chicago, IL — $2.6M (2026) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.0M (75%)
Approved
1/21/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Partnership
Jobs supported
5
Business age
Change of Ownership
Industry
Drinking Places (Alcoholic Beverages)
If you were the buyer here
Est. deal size
$2.9M
Est. down payment (10%)
$294K
Est. cash at closing
$406K
Monthly payment
$34,290
Annual debt service
$411K
Cash flow needed (1.25×)
$514K
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
THOMPSON FLAHERTY ACCOUNTANTS & TAX CONSULTANTS, LLC in Edwardsville, IL — $2.2M (2026) · purchase · Heritage Bank Inc
Program
Preferred Lenders Program
Rate at approval
8.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.7M (75%)
Approved
3/10/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
8
Business age
Change of Ownership
Industry
Offices of Certified Public Accountants
If you were the buyer here
Est. deal size
$2.5M
Est. down payment (10%)
$245K
Est. cash at closing
$338K
Monthly payment
$27,647
Annual debt service
$332K
Cash flow needed (1.25×)
$415K
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 Heritage Bank Inc · Lender record →
Your business? Claim this record · Request removal
Fessly LLC in Lombard, IL — $2.0M (2026) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.5M (75%)
Approved
2/8/2026
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
Change of Ownership
Industry
Wholesale Trade Agents and Brokers
If you were the buyer here
Est. deal size
$2.2M
Est. down payment (10%)
$221K
Est. cash at closing
$304K
Monthly payment
$25,427
Annual debt service
$305K
Cash flow needed (1.25×)
$381K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Buhrman Group Landscape Inc. in Antioch, IL — $1.8M (2026) · purchase · Libertyville Bank & Trust Company, National Association
Program
Preferred Lenders Program
Rate at approval
7.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$1.4M (75%)
Approved
1/28/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
9
Business age
Change of Ownership
Industry
Landscaping Services
If you were the buyer here
Est. deal size
$2.1M
Est. down payment (10%)
$205K
Est. cash at closing
$282K
Monthly payment
$21,922
Annual debt service
$263K
Cash flow needed (1.25×)
$329K
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 Libertyville Bank & Trust Company, National Association · Lender record →
Your business? Claim this record · Request removal
Sorrento's Ranch Inc in Maple Park, IL — $1.8M (2026) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
8.35% fixed
Term
300 mo (25 yrs)
SBA guaranteed
$1.4M (75%)
Approved
2/24/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
32
Business age
Change of Ownership
Industry
Full-Service Restaurants
If you were the buyer here
Est. deal size
$2.0M
Est. down payment (10%)
$202K
Est. cash at closing
$278K
Monthly payment
$14,448
Annual debt service
$173K
Cash flow needed (1.25×)
$217K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Winnetka GG, LLC in Winnetka, IL — $1.6M (2026) · purchase · Wintrust Bank National Association
Program
Preferred Lenders Program
Rate at approval
7.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$1.2M (75%)
Approved
12/18/2025
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
60
Business age
Change of Ownership
Industry
Beauty Salons
If you were the buyer here
Est. deal size
$1.8M
Est. down payment (10%)
$183K
Est. cash at closing
$252K
Monthly payment
$19,586
Annual debt service
$235K
Cash flow needed (1.25×)
$294K
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 Wintrust Bank National Association · Lender record →
Your business? Claim this record · Request removal
SO IL Tile & Carpet Supply, Inc. in Mount Vernon, IL — $1.6M (2026) · purchase · Peoples National Bank National Association
Program
7a General
Rate at approval
8.25% variable
Term
192 mo (16 yrs)
SBA guaranteed
$1.2M (75%)
Approval → funding
7 days
Approved
2/20/2026
First disbursed
2/27/2026
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
10
Business age
Change of Ownership
Industry
Floor Covering Retailers
If you were the buyer here
Est. deal size
$1.8M
Est. down payment (10%)
$175K
Est. cash at closing
$240K
Monthly payment
$14,799
Annual debt service
$178K
Cash flow needed (1.25×)
$222K
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 National Bank National Association · Lender record →
Your business? Claim this record · Request removal
HARISHAAN REALTY LLC in Effingham, IL — $1.6M (2026) · purchase · GBank
Program
Preferred Lenders Program
Rate at approval
8.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.2M (75%)
Approval → funding
9 days
Approved
12/3/2025
First disbursed
12/12/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
6
Business age
Change of Ownership
Industry
Hotels (except Casino Hotels) and Motels
If you were the buyer here
Est. deal size
$1.7M
Est. down payment (10%)
$172K
Est. cash at closing
$237K
Monthly payment
$12,238
Annual debt service
$147K
Cash flow needed (1.25×)
$184K
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 GBank · Lender record →
Your business? Claim this record · Request removal

Buying in Illinois? Start with a lender that already funds deals here

The rankings above are the short list. Tell us your deal size and industry and we'll point you to the banks most likely to say yes in your market.

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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.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA lending records, trailing 12 months. Rankings count funded 7(a) loans with a Illinois project address.

Agent summary

The SBA 7(a) lenders most active in Illinois over the trailing 12 months, from public loan records, led by The Huntington National Bank. A lender that funds deals here every week underwrites faster and knows the local market. CapBench is not a lender.

25 active SBA lenders ranked
1,466 Illinois loans (12 mo)
$650K typical acquisition loan
20 days typical to fund

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

Next steps

Pre-qualify this deal Talk to a loan broker

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/state/illinois
API:: https://www.capbench.com/api/public/lenders?state=IL
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.