With the turn of a new year, are you thinking about seizing new opportunities to grow your business? That’s why the U.S. Small Business Administration (SBA) developed the 504 Loan Program…to offer business owners a more affordable and accessible way to grow and...
When it comes to SBA 504 Loans, it matters which Certified Development Company (CDC) you work with. Those who have investigated the U.S. Small Business Administration’s (SBA) 504 financing options have probably seen a reference to a Certified Development Company...
Dispelling the myths about SBA 504 Loans is important so that small businesses don’t miss out on an incredible financing opportunity. In Fiscal Year 2023, more than 5,900 SBA 504 Loans were made to businesses nationwide, totaling $6.4 billion. Despite this...
In Fiscal Year 2022, more than 9,200 SBA 504 Loans were made to businesses nationwide, totaling $9.2 billion. Despite this incredible success, the 504 Loan Program remains under-utilized by lending organizations, possibly because of some erroneous misconceptions still...
(July 18, 2023) – Growth Corp was named Illinois’ 504 Lender of the Year by 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 Loan...
Small business financing that was actually designed to meet the needs of small businesses? Sound too good to be true? It’s not! The decision on when to expand and/or relocate your business is a difficult one. Two of the most recognized hurdles you may...
