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SimpleGrowth is an online lending marketplace built to help Chicagoland small businesses quickly discover their credit options on one site. It is the first local lending platform designed to strengthen the ability of small business owners to access capital and financing.
SimpleGrowth leverages the proprietary technology of Fundera, the leading online credit broker in the U.S., and the marketing and business assistance expertise of Small Business Majority, the leading national advocacy organization for small businesses.
Chicagoland small businesses fill out an online questionnaire powered by Fundera.
Fundera uses its technology to match eligible Chicagoland small businesses with leading mission-driven lenders in the Chicagoland area. These lenders will have five business days to review the application, request additional materials and decide on an offer.
If a Chicagoland lender is unable to render a decision, or denies an applicant, small businesses will be able to apply for other credit options on Fundera’s national platform as quickly as possible.
From the outset, if small businesses need help with business coaching, planning or marketing, Small Business Majority will work to connect them with Chicagoland’s best business assistance centers.
Participating Chicagoland Lenders