Ravenwood Business Loans of Waukegan, IL arranges funding through partners for Libertyville, IL businesses by phone and online, from equipment financing for practices to term loans for a move. This page covers ZIP 60048 Census counts, commercial real estate questions and where license queries belong.
| Distance | 8 mi southwest, measured from Waukegan, IL |
|---|---|
| ZIP 60048 employers | 1,294 establishments (ZBP 2023) |
| Health care and social assistance | 243 establishments (ZBP 2023) |
| Self-employed residents | 11.9% (ACS 2020-2024, +/- 2.2) |
ZIP 60048 payroll employers around Libertyville, IL
| Sector | Establishments | Under 5 employees |
|---|---|---|
| Health care and social assistance | 243 | 47.7% |
| Professional, scientific and technical services | 197 | 70.1% |
| Other services | 123 | 58.5% |
| Retail trade | 118 | 50.0% |
| Accommodation and food services | 98 | 18.4% |
| Construction | 95 | 65.3% |
The ZIP had 20,246 paid employees and about $1.54 billion in annual payroll in 2023 (ZBP). The village covers only about 31% of the ZIP's land, so these are ZIP figures. For practices, see medical and dental funding; for the 98 food-service establishments, restaurant funding.
Libertyville, IL commercial real estate: buying or leasing space
Buying or leasing commercial space can raise two financing questions: a term loan for the buildout or purchase, and enough working capital to carry the move. Some partners also arrange longer-term property loans; ask on the first call. Confirm zoning and permitted use with the village before you sign anything.
Libertyville, IL residents who work for themselves
About 11.9% (+/- 2.2) of employed Libertyville, IL residents were self-employed in the 2020-2024 ACS, above the Lake County, IL rate of 9.5%; 7.1% (+/- 1.5) owned incorporated businesses and 4.8% (+/- 1.6) unincorporated ones.
Funding types for Libertyville, IL companies
A practice can finance equipment and buildouts; a professional firm can carry receivables on a line of credit; a retailer can buy stock ahead of demand. Compare them on the funding types page, and see county counts on the Waukegan, IL data page.
Libertyville, IL sectors our partners fund
Funding partners consider businesses across most industries in Libertyville, IL, from contractors and construction trades and restaurants and food service to medical and dental practices and retailers and wholesalers that carry stock. Each partner still decides case by case.
Documents to have ready
- Business and personal tax returns for the latest year
- An up-to-date P&L and balance sheet, even if you prepare them yourself
- Government-issued ID for each owner
- Formation documents and your EIN
- A list of existing business debts and payments
- For equipment, the seller's quote with make, model and price
Partners differ in what they request; this list covers the usual ground.
The steps after your first call
- It starts with a call to (847) 250-0440 or the short contact form. On the phone we cover the purpose of the funds, time in business and approximate monthly revenue.
- We explain which funding types fit that use and what partners usually need to see. Nothing is submitted without your go-ahead.
- Once you agree, the request goes to partners that provide that type of funding. The credit decision belongs to each partner.
- When an offer arrives, weigh its full cost, how payments are scheduled and the conditions. Accepting is entirely your choice.
Owners in Libertyville, IL can start by phone or with the short online form; no office visit is needed.
By Ravenwood Business Loans · Updated
