Many small business owners may wonder if expanding into multiple locations is possible using the SBA 504 Loan Program. The answer is yes! SBA 504 financing can actually be leveraged several times simultaneously, up to SBA’s lending limits. This is a smart move...
The U.S. economy thrives on competition…in fact, healthy competition drives ingenuity and keeps prices down. But in the age of a pandemic, businesses joining forces to help support and promote other businesses is becoming not only normal, but an important way to...
Before it has investors, customers, profits, press coverage, or even a perfected product, every company has at least one valuable asset: its founding story. The Founding Story… As a 1985 graduate of Southern Illinois University, with a degree in finance and...
As you consider your goals, remember that it is never too early to start planning for 2021. Whether those needs are 2 months out, or 2 years down the road, preparing for your goals and “what-ifs” will reduce some of the stress when those actual moments do arise. Do...
$220 Million Available for Business Owners through Second Round of the Business Interruption Grants CHICAGO — Governor JB Pritzker joined the Illinois Department of Commerce and Economic Opportunity (DCEO) today in announcing the latest in a series of grants made...
The SBA 504 Loan Program should be your first consideration as you look beyond today’s adversity and prepare for a post-pandemic restart. Preparing for a Post-Pandemic Restart Let’s face it, the Covid-19 pandemic has thrown even the most prepared businesses...
