Lender intelligence
Financing a automobile and other motor vehicle merchant wholesalers acquisition in Illinois
The SBA 7(a) lenders funding the most automobile and other motor vehicle merchant wholesalers acquisitions in Illinois, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in automobile and other motor vehicle merchant wholesalers · Illinois
Ranked by funded automobile and other motor vehicle merchant wholesalers acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.25 loans · $5M · Whiting, INFull record →
2+ funded Automobile and Other Motor Vehicle Merchant Wholesalers 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.
- Riverside Powersports in Ottawa, IL — $540K (2024) · purchase · Centier Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $405K (75%)
- Approval → funding
- 20 days
- Approved
- 3/8/2024
- First disbursed
- 3/28/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Automobile and Other Motor Vehicle Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $600K
- Est. down payment (10%)
- $60K
- Est. cash at closing
- $80K
- Monthly payment
- $6,840
- Annual debt service
- $82K
- Cash flow needed (1.25×)
- $103K
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 Centier Bank · Lender record →
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- COUNTRY CLASSIC CARS LLC in Staunton, IL — $5.0M (2022) · purchase · Everwise Credit Union
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% variable
- Term
- 88 months
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 10 days
- Approved
- 6/20/2022
- First disbursed
- 6/30/2022
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Automobile and Other Motor Vehicle Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $5.6M
- Est. down payment (10%)
- $556K
- Est. cash at closing
- $769K
- Monthly payment
- $72,193
- Annual debt service
- $866K
- Cash flow needed (1.25×)
- $1.1M
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 Everwise Credit Union · Lender record →
Your business? Claim this record · Request removal
Financing a automobile and other motor vehicle merchant wholesalers deal in Illinois? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to automobile and other motor vehicle merchant wholesalers businesses with a Illinois project address.
Agent summary
How to finance a automobile and other motor vehicle merchant wholesalers 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. Centier Bank funds the most here. DealRoom is not a lender.
- $971K typical loan
- 2 lenders active in Illinois
- 2+ funded Illinois deals
- 20 days typical to fund
Buyers buying a automobile and other motor vehicle merchant wholesalers in Illinois typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.