The U.S. Small Business Administration (SBA) is dedicated to honoring the veterans that served in our country’s military and recognize the vast business potential they represent. As a result, a program called “VetLoan Advantage” was created in...
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...
Our focus is on offering financial help for small business borrowers. Therefore, allow us to share some tips and resources available as you look to grow your business: Plan Ahead As you consider your goals, remember that it is never too early to start planning...
America has over 30 million small business owners. These innovative entrepreneurs are the engine of job creation and economic growth in our country. The U.S. Small Business Administration (SBA) ensures these businesses have the tools and resources necessary for...
You already know SBA loans are available to most for-profit businesses for a wide array of purposes, from starting and growing a business to purchasing commercial real estate. You might even know the 7(a) Loan Program and the 504 Loan Program like the back of your...
The SBA’s Office of Advocacy recently released the 2018 Small Business Profiles for States and Territories. This information provides key facts, numbers and trends regarding entrepreneurship and small business in America. Some quick take-aways: American...
