A question we get asked often is, “Can I refinance my commercial mortgage with an SBA Loan?” The answer is Yes! There are many reasons to consider refinancing an existing commercial mortgage loan. You might have a balloon payment coming up, you might be...
The SBA 504 Loan Program should be your first consideration as you look beyond today’s adversity and prepare for a post-pandemic restart. Preparing for a Post-Pandemic Restart Let’s face it, the Covid-19 pandemic has thrown even the most prepared businesses...
To our small business community, take a breath and give yourself some major credit for what you’re doing. Seemingly overnight, you were dealt unprecedented challenges in the form of shut-downs, HR issues, technological advancements and disaster leadership. Some of...
The programs and initiatives in the CARES Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain...
Illinois has been added to the list of Presidential and SBA Agency Declared Disaster States. Illinois businesses and non-profits statewide are now eligible to apply for disaster assistance loans via the SBA Economic Injury Disaster Loan (EIDL) program, a program...
