Don’t let an appraisal shortfall derail your deal! Newly implemented rules allow for up to a 10% shortfall in appraised value for SBA 504 Loans! NEW SBA APPRAISAL RULES On July 29, 2022, SBA released SBA_Proc_Notice_5000-835230 revising procedures relating to...
As an ALP Express Lender, effective immediately, Growth Corp can provide expedited processing for 504 Loans of $500 thousand or less! What is ALP Express? The ALP Express Program is a new loan program that provides delegated authority for ALP CDCs, such as Growth...
Are you a small business owner facing uncertainty because of ongoing rent increases? Small businesses renting their commercial space in Illinois, particularly the Greater Chicago area, are in one of the most expensive markets in the country. If you’re the owner of...
Let’s face it, financing the purchase of a medical office building can be a daunting task. Because of the high cost of building improvements (customized plumbing, construction of exam rooms, lead walls for x-ray or surgery units, etc.) and the...
Are you stuck spending more time working IN your business than ON your business? You may be ready to T.H.R.I.V.E. with the SBA! The U.S. Small Business Administration’s T.H.R.I.V.E. Emerging Leaders Reimagined is a 6-month intensive training program that helps...
