Illinois Business Financial Services (IBFS) operates as a licensed Community Development Company working with small businesses throughout the state of Illinois to expand and grow their business through the SBA's 504 Loan Program. IBFS has been packaging and preparing loan requests for the SBA for over 40 years since establishing our headquarters in Peoria, beginning operations in 1981. Since that time we have helped hundreds of small businesses take their companies to the next level through expansion or construction of commercial real estate and/or large pieces of equipment.