How to Impress a Lender

One of the most commonly asked questions we hear from small business owners is, “How can I get financing for my small business?” Approach the financing process the same as you would approach dating.  There are things you can do that improve your chances of success. ...

New Year, New Opportunities to Grow

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...

Kick-start Business Growth With Help From the 504

America has over 30 million small business owners. These innovative entrepreneurs are the engine of job creation and economic growth in our country. The U.S. Small Business Administration (SBA) ensures these businesses have the tools and resources necessary for...

Development Incentives – City of Springfield

The City of Springfield, Illinois, recognizes the immense contributions of its small business community to the health and vibrancy of the city. In an effort to assist local economic development efforts, the City has several programs available to incentivize...

Congressman Bost Visits Rural Small Business

On February 21, 2018, Congressman Mike Bost (IL-12) visited a rural small business, Magnum Steel Works, Inc., in Mt. Vernon, Illinois.  The purpose of this visit was to get a firsthand glimpse of the impact local business expansion has on its community.  He also...

SBA 504 Loans for Rural Small Businesses

If you’re a small business located in a rural community, you should be aware of an SBA loan program created specifically to help you grow and expand.  The SBA 504 Loan Program, an economic development tool designed to help businesses in rural communities,...