Advantage Illinois Loan Guarantee Program

Advantage Illinois supports small businesses by enhancing access to capital. The Loan Guarantee Program (LGP) will provide a guarantee of partial repayment to the lender if a loan goes into default. Advantage Illinois programs make eligibility as flexible as possible, maximizing the impact on Illinois economy and especially encouraging loans to Socially and Economically Disadvantaged Individuals (SEDI) and Very Small Businesses  (VSB), or businesses with fewer than 10 employees.