New lower fees for SBA 504 loan in Fiscal Year 2025 apply to loans approved October 1, 2024, through September 30, 2025, and include a 3.3 basis points decrease in the annual service fee and the continuation of 0% upfront guaranty fee. SBA 504 Loans The...
Growth Corp was named Illinois’ 504 Lender of the Year by the Illinois District Office of the U.S. Small Business Administration (SBA). This prestigious award recognizes Growth Corp’s commitment to economic development and job creation through facilitation of the 504...
When it comes to SBA 504 Loans, what is the Growth Corp difference? While all Certified Development Companies have the same general mission, there are key differences you should be aware of. These differences can make a huge difference in your overall experience...
More and more small business owners are turning to SBA loans as a quality source of capital. That’s why its important to be aware of what’s new with SBA 504 lending and why volume isn’t expected to slow any time soon. We have good news…not only did...
Join us for a series of 2024 Illinois Lender Forums. SBA’s Illinois District Office, SCORE and Illinois’ SBDC Network are holding a series of free forums to update commercial lenders on agency programs and services. Topics will include SOP 50 10 changes, Lender...
Are you in the market to finance new construction? 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 location is...
