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, new Fiscal Transfer Agent (FTA), and upcoming SBA training...
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...
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...
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...
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...
