What cities in Illinois do you offer cannabis funding?

We provide cannabis financing in Illinois across every corner of the Prairie State. Whether you’re in a bustling metro area or a cozy small town, we’ve got you covered. Below is a list of many Illinois municipalities (though we serve the entire state, not just these): Chicago Aurora Naperville Joliet Rockford Springfield Elgin Peoria Champaign Waukegan Cicero Bloomington Decatur Arlington Heights Evanston Schaumburg Bolingbrook Palatine Skokie Des Plaines Orland Park Tinley Park Oak Lawn Berwyn Normal Mount Prospect Wheaton Hoffman Estates Oak Park Downers Grove Glenview Elmhurst DeKalb Lombard Belleville Moline Buffalo Grove Burbank Urbana Galesburg Plainfield Geneva Rock Island Granite City Addison Kankakee Danville Bartlett Calumet City Quincy Streamwood Carbondale Carol Stream Romeoville Woodridge Vernon Hills Wheeling Mundelein Freeport Algonquin …and many more cities and towns throughout Illinois!

UPWISE CANNABIS FINANCING

Illinois Cannabis Loans

Pursue new opportunities, upgrade operations, support inventory or boost marketing efforts with Illinois cannabis loans.
Apply today to unlock working capital that supports your cannabis business goals without restrictions
Close the cash flow gap within your company or bridge the financing divide between your short-term and long-term goals.

Stay ahead of the curve - get access today!

Get in touch now and harness the power of our full cannabis product suite.

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Annual Revenue(Required)

Phone(Required)

Email(Required)

Time in Business(Required)

Credit Score(Required)

Business Type(Required)

Use of Funds(Required)

Fueling

Illinois

Cannabis Businesses

Looking for Illinois Cannabis Loans? You’re in the right place. On this page, we’ll cover everything you need to know about cannabis financing in Illinois. Let’s explore how you can secure the funds you need to grow.

WHY UPWISE FOR

CANNABIS LOANS IN ILLINOIS

Expert support for sustainable expansion in Illinois

Flexible terms designed to navigate evolving state regulations

Swift approvals to capitalize on Illinois’s rapidly growing cannabis demand

Tailored loan structures for cultivators, dispensaries, and ancillary services

Illinois

Cannabis Business Loan Products

Explore our suite of flexible cannabis business loan products designed to provide the capital you need to expand, upgrade and outpace the competition.

Working Capital

Keep your operations running smoothly with an influx of cannabis working capital. This flexible funding allows you to cover payroll, inventory, taxes, and more.

Line of Credit

A cannabis line of credit gives you on-demand access to funding as you need it. Draw from your credit line to manage cash flow gaps and seize opportunities.

Term Loan

Capitalize on your big growth plans with a cannabis term loan. Get a lump sum of capital to acquire assets or fund major expenditures.

Equipment Financing

Afford the latest cultivation, extraction and processing equipment. Build out your operation with cannabis equipment financing solutions.

Real Estate Loans

Purchasing, refinancing, or building out cannabis properties can grow your business with competitive rates and terms tailored to your investment needs.

Sale-Leasebacks

Unlock cash from your owned real estate through a cannabis sale-leaseback. Reinvest that capital into expanding operations while keeping your facility.

Has Cannabis Been Legalized in

Illinois?

Yes. Illinois legalized medical cannabis in 2013. Recreational use was approved in January 2020, allowing adults 21 and older to purchase and consume. Both medical and recreational cannabis are regulated by the Illinois Department of Financial and Professional Regulation (IDFPR) and the Illinois Department of Agriculture.

How to Get a Cannabis License in

Illinois?

Illinois offers multiple license types, including cultivation, infuser, craft grower, dispensary, and transporter. Application fees vary by license category, structured under the oversight of the IDFPR and the Department of Agriculture. Applicants must meet criteria like zoning compliance, security plans, and background checks. The process is detail-heavy, so thorough prep work is a must.

Upwise Capital: Your Partner in Growing

Illinois

Cannabis Ventures

Upwise Capital

4.9

review us on

Jonathan F

21:12 08 Apr 24

Timely efficient, def would work with again, made the processs easy

Hatchet's & More

13:24 20 Mar 24

ETC 4 DISPATCH Logistics

20:43 13 Mar 24

Absolutely great customer service. Jim is such a professional and was able to get us funding. Thanks Jim and Upwise Capital.

Nothing But Hemp

20:13 08 Mar 24

Donna Essner

20:45 06 Mar 24

Craig went above and beyond to get this deal done! I would highly recommend UpWise Capital if you're looking for a broker to get investors onboard.

Merideth Cann

02:30 21 Feb 24

Leo provided a very quick turn around and is a pleasure to work with !

Alba De La Cruz

01:16 17 Jan 24

I worked with Leo. He is very attentive and professional.

Mohamed Khanafer

22:37 02 Nov 23

Craig made himself available all the time, he was very attentive, professional and easy to work with. Highly recommend!

Tammy Sockwell

11:09 06 Oct 23

We worked with Leo for our line of credit. We are a trucking company an can be a challenge to secure financing. The process was smooth and fast funding. Our only complaint would be that Leo was a little impatience when it came to our decision making. We are very thankful for the funding and would do business with them again. Thanks,
Upwise

Sharon Johnson

14:57 18 Jul 23

Leo got us a line of credit loan very quickly to help with expenses we incurred during our new business building purchase.

Mike Maffei

14:40 20 Jun 23

You are always hesitant when working with a finance firm to borrow money to grow your company But, I highly recommend Upwise Capital. Lou and Marc went out of their way to ensure everything was taken care of. Very professional in all steps taken to secure the financing I needed. I look forward to continuing the business relationship.

Niyetroshia Thomas

15:17 06 Jun 22

I rarely write reviews, but my experience with Leo was absolutely. Leo was patient, knowledgeable, and extremely responsive. During a hectic work week he continued to bare with me to be sure that i had all the information I was requesting. He got me the capital I needed within one day. I highly recommend this company!

How Can I Use My Cannabis Loan?

Upgrading Equipment & Infrastructure

Renovate and optimize your workspace for compliance.

Purchase efficient extraction and processing machinery.

Boost security with top-grade cameras and alarm systems.

Invest in modern lighting and HVAC systems for better yields.

Stabilizing Daily Operations

Consistent Illinois cannabis funding helps cover payroll, rent, and other day-to-day costs without breaking a sweat. Having a financial safety net means you can adapt to market shifts and unexpected expenses with ease. By staying well-funded, you can focus on growing your cannabis venture—no more juggling short-term cash flow worries.

Enhancing Your Dispensary

Hire more staff for stellar customer service.

Enhance store layout to increase foot traffic and sales.

Revamp marketing strategies that make you stand out.

Expand product lines for your Illinois dispensarys success.

Do Banks Lend to Cannabis in

Illinois?

Traditional lenders often hesitate because cannabis is still deemed a Schedule I substance under federal law. This mismatch between state and federal statuses forces many entrepreneurs to seek alternative routes. Upwise Capital bridges that gap by offering Illinois cannabis funding even when banks close their doors.

How to Apply for a Cannabis

Loan in

Illinois

Act Now and Benefit from an 85% Approval Rate for Your Funding Needs!

Supporting Success: The Role of Cannabis Businesses in Driving Growth and Innovation

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Annual Revenue(Required)

Phone(Required)

Email(Required)

Time in Business(Required)

Credit Score(Required)

Business Type(Required)

Use of Funds(Required)

Illinois

Cannabis Financing: FAQ

Absolutely! While conventional banks may be wary, alternative lending steps in. Upwise Capital specializes in Illinois cannabis funding, providing flexible solutions for your venture.

Start with our quick online application. Provide essential documentation, like financial statements and your cannabis license(s). You could receive approval in as little as 24 hours.

Working capital and lines of credit can be funded the same day via direct deposit. Larger products like real estate financing or construction loans may take a few weeks, but we’ll keep you updated throughout.

As a leader in cannabis business funding, Upwise Capital delivers flexible financing solutions that grow with your business. We recognize that cannabis entrepreneurs need more than traditional lending options, which is why we’ve built a comprehensive portfolio of funding products. Each solution is structured to support your specific business goals while navigating industry regulations.

We provide cannabis financing in Illinois across every corner of the Prairie State. Whether you’re in a bustling metro area or a cozy small town, we’ve got you covered. Below is a list of many Illinois municipalities (though we serve the entire state, not just these):

Chicago
Aurora
Naperville
Joliet
Rockford
Springfield
Elgin
Peoria
Champaign
Waukegan
Cicero
Bloomington
Decatur
Arlington Heights
Evanston
Schaumburg
Bolingbrook
Palatine
Skokie
Des Plaines
Orland Park
Tinley Park
Oak Lawn
Berwyn
Normal
Mount Prospect
Wheaton
Hoffman Estates
Oak Park
Downers Grove
Glenview
Elmhurst
DeKalb
Lombard
Belleville
Moline
Buffalo Grove
Burbank
Urbana
Galesburg
Plainfield
Geneva
Rock Island
Granite City
Addison
Kankakee
Danville
Bartlett
Calumet City
Quincy
Streamwood
Carbondale
Carol Stream
Romeoville
Woodridge
Vernon Hills
Wheeling
Mundelein
Freeport
Algonquin
…and many more cities and towns throughout Illinois!

Yes! Upwise offers a referral partner program with compensation for referrals. To get started, simply visit this page and fill out the form:
https://upwisecapital.com/cannabis-financing/cannabis-partners/
Our team will reach out shortly to discuss the finer points.

Illinois stands at the forefront of the cannabis industry, with a robust market spanning both medical and adult-use sectors. Upwise Capital helps you seize these opportunities by offering streamlined financing solutions tailored to your specific operations—whether you’re setting up a dispensary, expanding cultivation, or investing in ancillary services. Our simplified application process and transparent terms allow you to secure capital without needless delays, ensuring that your business stays compliant and competitive in America’s heartland.

Cannabis Equipment Financing

Illinois Cannabis Loans

Stay ahead of the curve - get access today!

Fueling

Illinois

Cannabis Businesses

Illinois

Cannabis Business Loan Products

Working Capital

Line of Credit

Term Loan

Equipment Financing

Real Estate Loans

Sale-Leasebacks

Has Cannabis Been Legalized in

Illinois?

How to Get a Cannabis License in

Illinois?

Upwise Capital: Your Partner in Growing

Illinois

Cannabis Ventures

How Can I Use My Cannabis Loan?

Upgrading Equipment & Infrastructure

Stabilizing Daily Operations

Enhancing Your Dispensary

Do Banks Lend to Cannabis in

Illinois?

How to Apply for a Cannabis

Loan in

Illinois

Act Now and Benefit from an 85% Approval Rate for Your Funding Needs!

Illinois

Cannabis Financing: FAQ

Why Upwise for

Illinois Cannabis Funding

LOANS & FINANCING