Midwest · Illinois · First lien
Commercial real estate loans in Rockford, IL.
First-position hard money and bridge loans on commercial and multifamily property in Rockford, Illinois — typically $1M–$5M, larger considered. Reviewed and decided directly by the principals.
Market context
The Rockford economy behind the collateral.
Rockford has built a manufacturing and air cargo base, anchored by Chicago Rockford International Airport's growing freight operations.
Illinois's economy is centered on Chicago's role as a national transportation, finance, and logistics hub, with rail and highway infrastructure connecting it to markets nationwide. Downstate Illinois supports agriculture, manufacturing, and state government activity in Springfield.
Economic anchors
- Chicago Rockford International Airport
- Rockford manufacturing corridor
- University of Illinois College of Medicine Rockford
Stokley Capital evaluates industrial and distribution funding requests tied to Rockford's air cargo growth.
By property type
Illinois loans by asset class.
We lend on the property types our team has owned and operated. Each page covers what we underwrite first and the situations we see most.
Loan uses
What Rockford borrowers use us for.
- Acquisitions with a hard closing date
- Refinance of a maturing or defaulted loan
- Bridge to stabilization, sale or permanent debt
- Cash-out against existing equity
- Renovation, repositioning and value-add capital
- Partner buyouts and recapitalizations
- Discounted note payoffs and lender-driven deadlines
- Situations a bank or agency lender will not close in time
Selling a property in Rockford? Stokley also buys commercial and multifamily real estate as a principal. Submit it for acquisition.
Hard money lending guidelines
Asset-based financing. We focus on the property's value and the owner's equity, not a credit score. Low credit does not rule out a request. Every deal is subject to underwriting.
- Annual rate
- From 11.5%
- Origination
- From 2% of the loan amount
- Term
- 6 to 12 months
- Payments
- Interest only
- Loan-to-value
- Up to 70%
- Lien position
- First position only
Third party closing costs are separate.
Every term sheet is different. Every deal goes through underwriting and has specific terms. These are guidelines, not a commitment to lend.
Request loan terms
Rockford, IL loan request.
Questions
Rockford, IL lending, answered.
- Does Stokley Capital provide loans in Rockford, IL?
- Yes. We provide first-position, business-purpose loans on commercial and multifamily property in Rockford, Illinois — typically $1M–$5M, with larger loans considered.
- Does Stokley buy property in Rockford, IL?
- Yes. Stokley acquires commercial and multifamily real estate as a principal across asset classes. Submit any property for sale and we will review it.
- What kinds of Rockford loan requests do you see?
- Stokley Capital evaluates industrial and distribution funding requests tied to Rockford's air cargo growth.
- What should a Rockford loan request include?
- Property address and type, loan amount and purpose, current income and occupancy, existing debt, the business plan and the deadline. Rent rolls and operating statements help but are not needed for a first read.
- Do you lend in second position?
- No. Stokley Capital lends in first position only.
- Do you publish rates or leverage?
- Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Nothing on this website is an offer to lend or a commitment of capital. All loans are subject to underwriting, due diligence, documentation and approval. Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Other Illinois markets
Next step
Have a Rockford property to finance?
Send the property, the amount and the deadline. A principal will respond directly.