CP504/SBA 504 Loans
CP 504 is a local community not for profit business located in Mokena. As a certified development company, CP 504 is certified by the SBA to administer the SBA 504 loan program.
Illinois Innovation Network
Illinois Small Business/Entrepreneurship Assistance
A clearinghouse of information is available on starting a small business and a one-stop shop for all things startup. Your road to business ownership begins here.
U.S. Small Business Administration
The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S. Virgin Islands and Guam.
ComEd Smart Ideas for Business
ComEd offers programs to save money and earn incentives for businesses. Several areas where savings can be realized are found through this link.
Illinois Department of Commerce and Economic Opportunity Office of Energy and Recycling
The Illinois Office of Energy & Recycling supports economic development and job creation through a variety of programs and services in the areas of energy efficiency, renewable energy, recycling, and alternative transportation. Programs demonstrate that economic development, sustainable energy, recycling practices, and environmental protection go hand in hand.
Nicor Rebates and More
IFA's Bond and Loan Programs
Illinois-based businesses can receive guidance in choosing the right program to assist with your fixed asset purchases and capital financing needs such as new equipment, upgrades, or expansion of your business. Expertise is provided in public-private partnerships and infrastructure financing.
Illinois Capital Access Program (CAP)
The Capital Access Program (CAP) may be accessed via participating banks. Through the program, financial institutions are encouraged to make capital financing loans to small and new businesses that do not qualify under conventional lending policies. CAP uses small amounts of public resources to generate private bank financing. Funding from a CAP can be used for many business purposes which are itemized on the linked page.
Illinois Finance Authority (IFA)
Participation Loan Program (PLP)
There are five loan programs that are designed to work through banks and other conventional lending institutions. The link includes a fact sheet, a list of participating banks, and information for lenders.
Small Business Loan Programs
Access to capital and locating funding are often the most difficult tasks for any company seeking to develop their products and services and grow their company. The Illinois Department of Commerce can work with your business to identify and secure financing opportunities and build a network of financial support that will meet your present needs and prepare you for future growth.
U.S. Small Business Administration Loan Programs
SBA offers a variety of loan programs for very specific purposes, such as 7(a), CDC/504 and Microloan. Take some time to study the programs included in this link, to see if you qualify to participate.
High Impact Business (HIB)
Illinois Incentives and Tax Assistance
Illinois offers a competitive range of incentives for locating and expanding your business, including tax credits and exemptions that
encourage business growth and job creation. Additional grant programs
and access to loans can assist your business with working capital,
machinery and equipment, land acquisition, building construction and
public infrastructure improvements. And for those looking to invest in
Illinois companies, early stage investment incentives are also available.
Will County Incentive Program
There are several incentive programs described on this website, including but not limited to the State of Illinois EDGE Tax Credit Program, State Employee Training Investment Program, and Will County Tax Abatement.
WIOA (Workforce Innovation and Opportunity) Works in IL
A company in Illinois can best develop its talent pipeline to remain competitive by partnering with the preferred training and education suppliers available through WIOA. These training and education suppliers are developing Illinois’ workforce.
For students and other job seekers, WIOA provides individuals with a roadmap showing a pathway to employment: what skills an Illinois business needs and how to acquire those skills. Services include education, training, and support services to find a living wage job.
Workforce Investment Board of Will County
Asst. Village Admin/ Community Development Director