Growth Corp has been named Illinois’ 504 Lender of the Year by SBA

Growth Corp has been named Illinois’ 504 Lender of the Year by the U.S. Small Business Administration (SBA).  This prestigious award represents Growth Corp’s continued support and extraordinary contribution to the small business community.  Sara Vanhala accepted the...

Growth Corp Recognized as a Top 504 Lender in Eastern Missouri

In celebration of Small Business Week, the Small Business Week of Eastern Missouri committee recognized outstanding efforts made by top SBA Lenders.  Growth Corp was honored to be recognized as one of the top 504 Lenders in Eastern Missouri.  This awards ceremony was...

Vetloan Advantage Supports Veteran Small Business Growth

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...

Growth Corp Named Illinois’ Largest 504 Lender

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...

Go Green with the SBA 504 Loan Program

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...

SBA Loan Changes 2019

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...

SBA Loans for Women

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...

Financial Help for Small Business Owners

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...

Today’s Fixed Interest Rates for SBA 504 Are Below Prime

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...