Growth Corp, one of the nation’s highest-producing SBA 504 lenders, today announced a significant leadership transition effective January 1, 2026. After 35 years as President, Doug Kinley will assume the role of Chief Executive Officer, while Sara Vanhala, a nearly...
Feel like you’re riding the waves of change? Business trends are evolving quickly. From tax law shake-ups to more women leading companies, from manufacturing gaining renewed energy to the constant hum of uncertainty—today’s environment is full of opportunity,...
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...
For more than 50 years, the U.S. Small Business Administration (SBA) has celebrated National Small Business Week, which recognizes the critical contributions of America’s small business owners. This year, National Small Business Week takes place April 28 – May 4,...
For banks interested in obtaining Community Reinvestment Act (CRA) Credits, there are new changes ahead that will make it easier! On October 24, 2023, the Federal Reserve, the FDIC, and the OCC issued a Final Rule amending the agencies’ Community Reinvestment Act...
The Small Business Administration (SBA) will increase its business size standards effective March 18, 2024. Eligible businesses will now include those with a Tangible Net Worth of not more than $20 million (up from $15 million), and Average Net Income...
