With the September 2019 debenture pricing, we are seeing very low interest rates for SBA 504 loans. Also, SBA 504 effective rates are sharply lower than Prime Rate despite the Federal rate cut in July. While no one knows where interest rates will go, the fiscal...
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...
Growth Corp is a non-profit development company certified by the U.S. Small Business Administration (SBA) to originate SBA 504 loans in Illinois and its surrounding areas. With a current portfolio in excess of $675 million, Growth Corp has helped thousands of small...
As you are aware, the federal government shutdown officially began on December 22, 2018, at 12:01 AM. The Small Business Administration has ceased operating its core lending and investment programs until government funding is made available. In light of the many...
With the new year almost upon us, it’s time to think about seizing new opportunities for growth 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...
There is a new member of the SBA 504 loan family. To better meet some borrowers’ needs, a 25-year loan term option is available, which is in addition to the 10-year and 20-year loan options already offered. SBA’s announcement of a 25-year debenture has been very...
