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Growth Corp – Illinois’ 504 Lender of the Year

(July 18, 2023) – Growth Corp was named Illinois’ 504 Lender of the Year by 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 Loan...

How Successful Business Owners are Planning for 2021

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...

Can I Get Cash Out From My Building’s Equity?

A question we get asked often is, “Can the SBA 504 Loan Program help me get cash out from the equity in my building?” Yes…SBA 504 Refinance Loans provide access to equity a borrower has built up in real estate while re-amortizing with a low, long-term,...

Access Working Capital with SBA 504 Refinancing

A question we get asked often is, “Can the SBA 504 Loan Program help me access working capital?” Yes…SBA 504 Refinance Loans provide access to equity a borrower has built up in real estate while re-amortizing with a low, long-term, fixed interest rate...

SBA 504 Loan Volume is Up in 2020

Access to capital is consistently one of the top challenges entrepreneurs and small businesses encounter, making the SBA 504 Loan Program a vital resource to economic growth and job creation.  We’re happy to report SBA 504 Loan Volume is up 15% so far in Fiscal Year...

Record Low Rates for SBA 504

With the June 2020 debenture pricing, we are seeing record low rates for SBA 504 loans.  Small business owners looking to refinance, purchase equipment or build/buy/renovate commercial real estate will find the SBA 504 Loan’s 25-year and 20-year fixed interest rates...