The true bottom line of an expansion project, no matter the size, is far more than just the cost for foundation and bricks. Let’s face it, soft costs can constitute a big portion of expansion costs. And most conventional bank loans only finance a percentage of the...
Attention lenders: when small business owners approach your bank looking for a loan to purchase commercial real estate or heavy equipment for their growing business, are you prepared to meet their needs? What if they lack a sizable down payment? SBA 504 Loan...
As you’ve probably heard, interest rates are on the rise. And rising interest rates can have a serious effect on small businesses…impacting everything from growth plans to cash flow. Therefore, if you’re a small business owner with either a...
From understanding the 504 Loan Program to learning the Refi specifics, Growth Corp is here to provide SBA 504 loan support and training. Our team, drawing from decades of practical experience with 504 lending, is able to provide a unique blend of expertise to our...
In general, loans that don’t fall under the “conventional small business lending” category may be considered as community development loans. Loans and investments can get credit under the economic development category if they meet both a...
