by Sara | Dec 27, 2018 | 504 benefits, 504 loan, small business loan, small business owners, Uncategorized
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...
by Sara | Jun 21, 2018 | 504 benefits, 504 loan, small business loan, small business owners
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...
by Sara | Mar 6, 2018 | economic development, local economy, small business owners
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...
by Sara | Feb 23, 2018 | 504 loan, economic development, local economy, manufacturing, small business owners
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...
by Sara | Oct 30, 2017 | economic development, local economy, small business loan, small business owners, Uncategorized
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,...
by Sara | Sep 21, 2017 | 504 loan, manufacturing, small business loan, small business owners, type of business
Starting or growing a business can, and usually does, involve spending in several different areas. And some business owners may find their type of business to be one that lenders pass on due to inexperience with the business type or lack of comfort with the risks....
