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2024 Illinois Lender Forums

Join us for a series of 2024 Illinois Lender Forums.  SBA’s Illinois District Office, SCORE and Illinois’ SBDC Network are holding a series of free forums to update commercial lenders on agency programs and services. Topics will include SOP 50 10 changes, Lender...

SBA 504 Finances Green Energy Improvements

If your business plans include green energy improvements, the SBA 504 Loan Program can not only help with financing, but also help you keep more money in your pocket.  The U.S. Small Business Administration (SBA) and U.S. Department of Energy (DOE) are teaming up on a...

Local Banks Are Partners in SBA 504 Lending

Local banks and credit unions are partners in SBA 504 Lending…not competitors…so you can keep the local banking relationship you know and love while still getting all the benefits of the U.S. Small Business Administration’s (SBA) 504 Loan Program....

Is New Construction on the Horizon? Think SBA 504

Are you in the market to finance new construction?   Maybe your business has grown and it’s time to move into your own building.  Maybe you’ve even looked at commercial real estate for sale or lease, but you just haven’t found what you’re looking for.  The location is...

Fulfill Community Reinvestment Act Credits with SBA 504

For banks interested in obtaining Community Reinvestment Act (CRA) Credits, there are new changes ahead that will make it easier!  On October 24, 2023, the Federal Reserve, the FDIC, and the OCC issued a Final Rule amending the agencies’ Community Reinvestment Act...