fbpx

Fulfill Community Reinvestment Act Credits with SBA 504

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...

Planning to Grow Your Business in the New Year?

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...

35-YEAR COMMITMENT TO SMALL BUSINESSES

Growth Corp, a mission-driven Certified Development Company (CDC), is proud to continue its 35-year commitment to connecting local small businesses with access to quality capital.  As many businesses struggle to find affordable growth financing in this higher-rate...

SBA 504: It Matters Which CDC You Work With

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

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...