Bad credit won't stand in the way of starting an LLC. LLCs are started at the state level, and there is no credit check involved.Advantage Illinois provides low interest loans to small businesses in Illinois for start-up costs, working capital, equipment and inventory. You may be able to get business loans with bad credit, but it might be more expensive to borrow. Learn more about your options. This guide evaluates 5 top providers offering loans to Illinois small business owners needing fast, affordable working capital through emergency payday loans. Bad credit business loans are small business financing options that do not otherwise require a high fico score needed for approval. Yes, it's possible to get a loan in Illinois even with bad credit. View a list of our current participating lenders. PNC offers small businesses an unsecured business loan with no collateral required.