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Find the best SBA lenders, rates, loan types, and resources at SBARates.com your ultimate directory for Small Business Administration (SBA) loans. Compare current SBA loan rates, explore approved lenders, search by NAICS code, and discover funding options

Byline Bank (IL)

7a General
7a with EWCP
7a with WCP
Change of Ownership
Existing or more than 2 years old
# Fixed Rates
# International Trade Loans
# Loan Funds will Open Business
# New Business or 2 years or less
# Preferred Lenders Program
# SBA Express Program
# Startup
# Variable Rates
SBA Loan Approval Count : 402
SBA Loans Total Approval Amount YTD: $441,537,800
Average SBA Loan Size: $1,098,353
Average SBA Loan Rate over Prime (this number plus current prime rate): 2.75
Byline Bank (IL)

Unlock Your Financial Potential with Byline Bank (IL)

Byline Bank is a Chicago-based community bank with deep roots in Illinois and a strong focus on helping small businesses succeed. Known as one of the top SBA lenders in the nation, Byline Bank combines personal service with the resources of a major lender to support entrepreneurs at every stage of growth.

Key Features of Byline Bank

  • Comprehensive Business Banking: Business checking and savings accounts, treasury management, merchant services, and online tools tailored to simplify your company’s finances.
  • SBA Loan Expertise: Byline Bank is consistently ranked among the top SBA lenders nationwide, offering SBA 7(a), SBA Express, and 504 loans. Its dedicated SBA Lending Division helps entrepreneurs navigate the application process and secure government-backed financing for working capital, equipment purchases, and real estate.
  • Flexible Commercial Lending: In addition to SBA loans, the bank offers term loans, lines of credit, commercial mortgages, and construction financing with local decision-making and personalized underwriting.
  • User-Friendly Digital Tools: Robust online and mobile banking for both personal and business accounts give you convenient, 24/7 access to your finances.
  • Commitment to Community: As an Illinois-based bank, Byline reinvests in local neighborhoods, supports economic-development initiatives, and provides hands-on guidance to small business owners.

Why Choose Byline Bank for SBA Loans?

Byline Bank stands out as one of the nation’s premier SBA lenders. Its SBA team has the expertise and authority to approve loans quickly, making the process smoother for entrepreneurs. With competitive rates and personalized service, Byline helps Illinois businesses access the capital they need to grow.

How to Get Started

Ready to grow your business with an SBA loan or other financing option? Visit the Byline Bank SBA Lending page to explore current offerings, review eligibility, and connect with an SBA specialist who can guide you through the process.

Empower your financial future today with Byline Bank — where Illinois businesses come to grow.

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