SBA made significant improvements to SBA 504 refinancing…a lending program already in high demand nationwide! The effective date is November 15, 2025, with additional details being available in a Final Rule published in theFederal Register on October 1, 2024....
Did you know, it’s possible for businesses to get multiple SBA 504 Loans? While often viewed as a one-and-done financing tool, SBA 504 financing can actually be leveraged several times in a financially savvy way. America has over 30 million small business...
New lower fees for SBA 504 loan in Fiscal Year 2025 apply to loans approved October 1, 2024, through September 30, 2025, and include a 3.3 basis points decrease in the annual service fee and the continuation of 0% upfront guaranty fee. SBA 504 Loans The...
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...
When it comes to SBA 504 Loans, what is the Growth Corp difference? While all Certified Development Companies have the same general mission, there are key differences you should be aware of. These differences can make a huge difference in your overall experience...
The SBA 504 Loan Program can be a valuable resource for small business owners facing a balloon payment by providing refinancing options with competitive rates, longer repayment terms, and fixed-rate financing. It helps alleviate financial stress and provides a pathway...
