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...
The U.S. Small Business Administration (SBA) recognizes the importance of quality small business loans for veterans and offers them special benefits through their SBA loan programs. About the Small Business Administration (SBA) The U.S. Small Business...
There is an old saying that it takes a village to raise a child. True. But it also takes a village in SBA 504 lending. The SBA 504 Loan Program is a long-term financing tool for economic development within a community. The 504 Loan Program provides growing...
Women-owned businesses are making a big impact…and October is National Women’s Small Business Month, which means it’s time to not only celebrate and recognize the myriad achievements of our country’s female entrepreneurs, but also the positive impact they are...
