The Top CDC in Illinois for 20+ Consecutive Years Growth Corp, a non-profit Certified Development Company (CDC), has been named Illinois’ 504 Lender of the Year by the U.S. Small Business Administration (SBA)! This prestigious award represents Growth Corp’s...
The U.S. Small Business Administration (SBA) and U.S. Department of Energy (DOE) are teaming up on a shared mission: to inspire entrepreneurs and small business owners to leverage SBA loan programs for making improvements in energy efficiency. These agencies are...
As a commercial lender or CPA, are you an industry disruptor? Are you proactively approaching every small business client and arming yourself with creativity and innovation? If so, you’re creating abundant opportunities to help more borrowers and business...
Routinely, SBA issues updates to its SOP, the standard operating procedures for its lending programs, including the SBA 504. Some of the most notable changes are summarized below. Appraisal Threshold Has Increased SBA has increased the minimum threshold for...
The SBA is set up to help all small business owners get financing to start or grow their businesses. Yet, while the SBA doesn’t discriminate, it does have a vested interest in helping more women business owners get SBA loans. Women in Business – Stats...
