You’re Paying Someone Else’s Mortgage. Here’s How to Stop. If you’re looking at an SBA 504 loan in Illinois, you already know the feeling… You’ve been in that space for years. You know every quirk of the building, every neighbor in...
For the first time, fees waived as part of the “Made in America” initiative offer an incredible opportunity for businesses. The Small Business Administration (SBA) has waived fees for SBA loans specifically for manufacturers. These changes, effective...
Local banks and credit unions are partners in SBA 504 Lending…not competitors…so you can keep the local banking relationship you know and love while still getting all the benefits of the U.S. Small Business Administration’s (SBA) 504 Loan Program....
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...
New lower fees for SBA 504 loan in Fiscal Year 2024 apply to loans approved October 1, 2023, through September 30, 2024, and include a lower annual service fee and the continuation of 0% upfront guaranty fee. SBA 504 Loans The SBA 504 Loan Program is...
As a proud host, Growth Corp wholeheartedly commits to helping the Illinois Small Business Development Center for Central Illinois (SBDC) expand its services to disadvantaged businesses, increasing its community outreach–especially to the surrounding areas, retaining...
