With so much talk recently about interest rates and inflation, let’s take a moment to address some frequently asked questions about how SBA 504 interest rates are determined and why they can help insulate small business owners from inflation. Created over 30...
More and more manufacturing businesses are turning to the SBA 504 Loan Program. And with good reason. 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...
Maybe you’ve heard of the SBA 504 Loan Program, but aren’t quite sure who qualifies. The good news is…most for-profit small businesses qualify! The purpose of all SBA loan programs is to provide businesses like yours with access to funding under...
We Are Proud to Support America’s SBDC and the 6th Annual #SBDCDay. For over 40 years the America’s Small Business Development Center (SBDC) Network has helped millions of men, women, veteran and minority entrepreneurs and small business owners start and grow their...
As you’ve probably heard, interest rates are rising…in fact, many global investment banks are predicting a strong run of interest hikes in 2022. The Fed is preparing to exit from a couple of years of massive quantitative easing and near-zero policy rates, at a...
When interest rates are rising, the cost of capital inches higher for all small businesses, but especially those who need to purchase new properties. Shortly after the start of the COVID-19 Pandemic, interest rates dropped to historic lows. But now that’s changing. ...
With the new year almost upon us, it’s time to think about seizing new opportunities to grow your business in the months to come. That’s why the U.S. Small Business Administration (SBA) developed the 504 Loan Program…to offer business owners a more affordable and...
As a proud host, Growth Corp wholeheartedly commits to helping the Illinois Small Business Development Center for Central Illinois expand its services to disadvantaged businesses, increasing its community outreach–especially to the surrounding areas, retaining...
This November 27th, you can be a part of the 12th annual holiday shopping tradition called Small Business Saturday that helps to bring communities together in support of their favorite small businesses. Are you ready to Shop Small® and make a big impact in your...
There are many factors impacting SBA lending right now and SBA’s role has grown even more important in the past 18 months, having been charged with distributing various recovery resources aimed at helping small businesses strengthen, recover, hire, and grow. This...
