Third month in a row of fixed rates under 2.5%

25-Yr: 2.41% | 20-Yr: 2.36% | 10-Yr: 2.27% | Refi: +0.0015%
Interest Rate History

empowering economic growth

SBA 504 Advantages

Borrower Benefits

  • Low down payment (10% in most cases)
  • Low, fixed interest rate on 504
  • Long loan term
  • Includes soft costs such as furniture, fixtures and fees
  • Payment stability
  • Preserves working capital
  • Protection from balloon payments
  • Can include leasehold improvements
  • Up to $5 million for SBA portion of loan, no limit on overall project size
  • Keep your lender or allow us to match you with one of our lending partners
  • The 504 Loan Program can be used multiple times

Lender Benefits

  • Reduced lending exposure with 50% loan-to-value
  • Manages commercial real estate concentration issues
  • Opens up lending availability
  • Maximizes middle market lending
  • High size limits and business size caps
  • Preserves working capital, which keeps cash in deposit accounts
  • Can refinance commercial mortgages with cash out for business expenses
  • Unique marketing opportunity
  • Finances heavy machinery and equipment
  • Attracts new borrowers
  • We are your partner, not your competitor…you keep your clients
  • The 504 Loan Program can be used multiple times

expansion solutions

Purchase a Building
Construct a New Facility
Renovate Your Current Property
Purchase Heavy Machinery or Equipment
Refinance Commercial Mortgage Debt



Local Bank

A bank provides a first mortgage for 50% of the total project costs


SBA 504 Loan

Growth Corp provides an SBA 504 Loan (as a second mortgage) for 40% of the total project



The borrower provides a down payment of typically just 10% of the total project costs

SBA 504 Loans are made in conjunction with your local bank…so you can keep your lending relationship.

Our mission is to advocate for small businesses.

We love our communities and believe small business is the foundation of their economic prosperity.  We will do all we can to support you and your business goals.  Start-ups to seasoned businesses and everything in between can benefit from working with Growth Corp.  Here’s why:

We Are An Industry Leader

We’re the #1 SBA 504 Lender in Chicago and Illinois.  Growth Corp also consistently ranks as one of the top ten SBA 504 Lenders nationwide.

In Business Since 1992

We’ve assisted thousands of businesses spanning various industries.  In fact, our portfolio is currently in excess of $675 million.

Trusted by the U.S. SBA

SBA recognized Growth Corp as an Accredited Lender after a thorough review of its policies, procedures and prior performance.
How Will You Grow Your Business?

877-BEST 504

Central IL Office 217.787.7557   |   Chicago Office 773.880.1455  |  Southern IL Office 618.932.3786

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