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SBA 504 Loans for Manufacturers

For years, small businesses looking to grow and expand their operations have found a powerful and supportive ally in the Small Business Administration (SBA). Its SBA 504 loan program is designed to meet the needs of small businesses by providing access to attractively...

504 Loans: Important Tool for Accountants/CPAs

Attention Accountants/CPAs…if you, or your client, is considering buying, building or refinancing fixed assets, there’s simply no better program on the market than the SBA 504 Loan Program.  In fact, the financing terms offered through this program are so good,...

Incentives for New Borrowers

Put simply, there’s nothing else on the market quite like the 504 Loan Program.  Temporary incentives for new borrowers include significant fee saving and 3 months of payment subsidies made possible by the Economic Aid Act.  Add to that the ability to lock in low,...

Top 4 Reasons to Buy or Construct a Building

Attention small business owners:  If you’re tired of paying rent for your business, you need to know about a government-backed financing option that can help you buy or construct a building and possibly save some money in the process: the SBA 504 Loan Program.  ...

SBA Restaurant Revitalization Fund

This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19.   Restaurant Revitalization Fund (RRF) – Program Details The American Rescue Plan Act established the Restaurant Revitalization...

Go Green with Special Financing Incentives

With the celebration of Earth Day upon us, are you ready to go green?  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...

Community Banking Month

April is here, and with that so is Community Banking Month…a time to recognize the unique spirit and unwavering commitment which makes YOU, our independent community bank members, the foundation of your cities and towns across the state.  Here are just some of the...

SBA Financing for Your Business – April 6, 2021

Growth Corp’s very own Joel Herscher is teaming up with Michele Petrie and Brian Rynes at Wintrust Financial Corporation in offering a complimentary webinar on April 6. Together, they’ll break down everything you need to know about SBA financing for your...

Am I A Good Candidate for An SBA Loan?

Curious as to whether you and your business are a good candidate for an SBA Loan?  You’re not alone! Thousands of businesses, of all shapes and sizes, use SBA 504 loans every year to expand their business. Whether that be buying new equipment, purchasing a new...

SBA 504 Lending is up 21% in 2021

Access to capital is consistently one of the top challenges entrepreneurs and small businesses encounter, making the SBA 504 Loan Program a vital resource to economic growth and job creation.  We’re happy to report SBA 504 lending is up 21% so far in Fiscal Year...