What’s New with SBA 504 – SOP Changes for 2018

Every year SBA issues updates to its SOP, the standard operating procedures for its lending programs, including the SBA 504.  Some of the most notable changes that became effective on January 1, 2018, include:   Borrower Contribution The updated typical 504 project...

Illinois Small Business Loans

Are you looking for an Illinois small business loan?  You’ve come to the right place. Founded in 1992, Growth Corp is the largest provider of SBA 504 commercial real estate financing in Illinois.  Growth Corp is a non-profit development company certified by the...

An Under-Utilized Source of Capital?

While once an under-utilized source of capital, a.k.a. “the best kept secret in commercial financing”, entrepreneurs are discovering SBA 504 loans are a way to level the playing field when financing an expansion of their business.   Many Are Unfamiliar With One of...

Construction Loans – SBA 504 Loan Program

Are you in the market for commercial construction loans?   Maybe your business has grown and it’s time to move into your own building.  Maybe you’ve even looked at commercial real estate for sale or lease, but you just haven’t found what you’re looking for.  The...

Grow Your Business With New Equipment

Whether your business is product or service-based, having the necessary equipment is vital to maintaining smooth operations.  Replacing, upgrading or purchasing new equipment for the first time can put a serious pinch on your cash flow though.  However, with the right...