SBA is teaming up with Small Business Development Centers throughout Illinois on a series of free forums to update commercial lenders on agency programs and services. Topics will include SOP 50 10 changes, new franchise review processes, new equity injection...
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...
Every year SBA issues updates to its SOP, the standard operating procedures for its lending programs, including the SBA 504. Some of the most notable changes that became effective on January 1, 2018, include: Borrower Contribution The updated typical 504...
Are you looking for an Illinois small business loan? You’ve come to the right place. Founded in 1992, Growth Corp is the largest provider of SBA 504 commercial real estate financing in Illinois. Growth Corp is a non-profit development company certified by the...
While once an under-utilized source of capital, a.k.a. “the best kept secret in commercial financing”, entrepreneurs are discovering SBA 504 loans are a way to level the playing field when financing an expansion of their business. Many Are Unfamiliar With One...
Are you in the market for commercial construction loans? Maybe your business has grown and it’s time to move into your own building. Maybe you’ve even looked at commercial real estate for sale or lease, but you just haven’t found what you’re looking for. The...
