How to Refinance SBA 7a Debt into a 504 Loan

One question we are hearing repeatedly is…how can I refinance SBA 7a debt into a long-term 504 loan? This is a great question because SBA 504 Refinancing is especially important as interest rates rise.  Essentially, the 504 helps businesses lock in lower...

Benefits of Working with an SBDC

There are many benefits to working with a Small Business Development Center, or SBDC for short.  Here are just a few of the many benefits they provide…   1. Objective Feedback and Advice– from small business experts focused on YOUR best interests The SBDC...

Proud Supporter of America’s SBDC

As a proud host, Growth Corp wholeheartedly commits to helping the Illinois Small Business Development Center for Central Illinois (SBDC) expand its services to disadvantaged businesses, increasing its community outreach–especially to the surrounding areas, retaining...

Six Ways Banks Can Mitigate Risk and Expand Service with SBA 504

SBA 504 Loans can help mitigate risk and support overall risk management practices while simultaneously providing a great opportunity for banks to expand their service to small business customers. Let’s face it, banks are handling a heavy load of problems and are more...

SBA 504 Helping Underserved Communities

Small businesses in underserved communities should be aware of an SBA loan program created specifically to help you grow and expand. The SBA 504 Loan Program, an economic development tool designed to help businesses in underserved communities, provides long-term,...