25-YR FIXED RATE
20-YR FIXED RATE
10-YR FIXED RATE
MEET OUR LENDING TEAM
Serving the Greater Chicago area
Serving Southern Illinois and Greater St. Louis
Serving the Greater Chicago Area
Serving Central/Northern Illinois and Eastern Iowa
Growth Corp is the top CDC in Illinois, the largest 504 Lender in Chicago and a top ten 504 Lender Nationwide, but we're still just a small, focused team working together every day to make the 504 process the best it can be.
We know that when it comes to 504 loans, it's about much more than just getting an approval. It's the ease-of-mind that comes from knowing Growth Corp's team has their finger on the pulse of the process from application to funding and even beyond into long-term servicing. It's knowing you will be informed every step of the way by the point-person responsible for overseeing the closing of your loan. It's knowing that, given Growth Corp's extremely low turn-over, you'll have the same experienced team members continuing to serve you year-after-year.
SBA recognized Growth Corp as an Accredited Lender after a thorough review of its policies, procedures and prior performance. The prestigious ALP status grants Growth Corp increased authority to process and close 504 loans, which results in an expedited process for both borrowers and lending partners. In addition, under the ALP Express Program, Growth Corp has been granted the authority to approve, authorize, close and service SBA 504 loans of $500,000 or less.
Quality, accuracy and quick turn-around times are just some of the reasons why Growth Corp is the top CDC in Illinois, the largest 504 Lender in Chicago and a top ten 504 Lender nationwide. But, remember, we're just a small team working together every day to make the 504 Loan process the best it can be.
MEET THE EXECUTIVE TEAM
Prior to joining Growth Corp, Mr. Kinley was a Finance Specialist at Development Services Group in Springfield, Illinois. During his tenure there he acted as Executive Director for Growth Corp and as a Loan Officer for First Illinois Development Credit Corporation. Mr. Kinley first began serving small businesses by working as a Finance Assistant, helping prospective small business owners obtain loans from area Lenders. He also spent time providing technical assistance to the Small Business Development Center in Carbondale, Illinois. The emphasis of his career has been advocating for the small business sector and overseeing the reestablishment and transformation of a once micro-CDC into one of the top rated and producing CDC’s in the industry. Today, Mr. Kinley remains focused on safeguarding Growth Corp’s long-term corporate integrity and ensuring Growth Corp’s executive officers uphold the corporation’s stated mission and policies.
David Novak, Chief Financial Officer
Prior to joining Growth Corp, Mr. Novak was Controller of Amoco Pipeline Company. During his sixteen year career with Amoco, he fulfilled a variety of different roles, all focused primarily in the area of analysis and planning. His entire career has been focused on financial leadership and accounting strategies, broad visionary planning and hands-on management. As Chief Financial Officer of Growth Corp, Mr. Novak is dedicated to protecting and improving Growth Corp’s financial integrity, substantiating documentation for the accounting, audit and annual report processes and overseeing all aspects of employee relations.
Mr. Novak earned a Bachelor’s Degree in Accounting from Western Illinois University and, soon thereafter, earned his CPA designation.
Phil Maton, Chief Credit Officer
Phil Maton joined Growth Corp’s Executive Team in 2005 to serve as the corporation’s Chief Credit Officer. Mr. Maton is responsible for the overall management of Growth Corp’s credit administration department. In this role, he facilitates the origination of new loans and safeguards the credit quality of Growth Corp’s loan portfolio by closely analyzing all applications submitted for Board approval. Mr. Maton works to assess applicants’ credit worthiness using the risk rate process developed and approved by the Board of Directors. In addition, he initiates, develops, approves, reviews and monitors the implementation of Growth Corp’s lending policies and procedures; oversees the development and training of Growth Corp’s loan officers; establishes goals and objectives; fulfills a supervisory role to Growth Corp’s loan origination and credit analysis team; ensures the credit merit of all loans prior to closing; and is a liaison to Growth Corp’s Board of Directors and Loan Committee.
Prior to joining Growth Corp, Mr. Maton was President and Chief Executive Officer of Marine Bank. Under his leadership, the bank grew from $7 million in assets to $650 million in assets, and saw the number of staff increase from seven to 250+. His nearly 30 year work history also includes four years as Executive Vice President and Chief Credit Officer of National State Bank of Metropolis and three years as Internal Auditor for CVR Banking Group. With his plethora of credit administration and executive management experience, Mr. Maton is now focused on maximizing loan profitability within capital risk limitations and providing supervisory leadership for the lending and credit teams.
Mr. Maton earned a Bachelor’s Degree in Economics and Finance from Eastern Illinois University.
Gregg Kyes, Chief Technology Officer
Prior to his role as Chief Technology Officer, Mr. Kyes served as Growth Corp’s Portfolio Manager. In this role, he developed the framework for managing the corporation’s portfolio, managed and controlled portfolio risks and oversaw portfolio reporting. His career also includes over ten years as a Quality Assurance Engineer for companies such as Diagraph Corporation and Nellcor Puritan Bennet, Inc. His vast experience in the fields of quality assurance, portfolio management and engineering serve him well in his current role as Chief Technology Officer and in his abilities to develop written policies and procedures that contribute to better organizational controls.
Mr. Kyes earned a Bachelor’s Degree in Business Administration and Economics from Illinois College. He also earned an Associate Degree of Applied Science in Quality Control Management from Spartan School of Aeronautics in Oklahoma.
Shannon Crawford, Closing Manager
Prior to her role as Closing Manager, Mrs. Crawford assisted Growth Corp’s Closing Attorneys, Patterson, Rollins & Kurtz, for six years. In this role, she prepared closing documents, verified regulatory compliance and ensured timely submission of loan closing packages to SBA. Her career also includes over seven years of experience in the Title Industry where she specialized in title search and review, construction escrow and issuance of title policies. With her extensive experience in real estate transactions and SBA loan closings, Mrs. Crawford is highly qualified to provide supervisory leadership and support to Growth Corp’s closing team while ensuring the corporation’s closing processes are timely and meet or exceed the requirements set forth by SBA.
Mrs. Crawford is also a six-year Veteran of the United States Army and Army National Guard.
Randy Neumann, Portfolio Manager
Prior to his role as Portfolio Manager, Mr. Neumann served on Growth Corp’s Servicing team for three years. Under the guidance and leadership of Gregg Kyes, former Portfolio Manager, and through dedicated participation in NADCO’s training courses, Mr. Neumann gained extensive experience and broad knowledge of loan portfolio management. Furthermore, his credentials also include designations from the banking industry, as he was Marine Bank’s Assistant Branch Manager prior to joining Growth Corp. This experience has qualified Mr. Neumann to supervise and assist the portfolio team, serve on Growth Corp’s Loan Review Board and oversee the identification, documentation, evaluation and dispositioning of loans that do not conform to loan expectations.
Mr. Neumann earned a Bachelor’s Degree in Business Management from Southern Illinois University.
Our mission is to advocate for small businesses.
We love our communities and believe small business is the foundation of their economic prosperity. We will do all we can to support you and your business goals. Start-ups to seasoned businesses and everything in between can benefit from working with Growth Corp. Here’s why:
We Are An Industry Leader
We’re the #1 SBA 504 Lender in Chicago and Illinois. Growth Corp also consistently ranks as one of the top ten SBA 504 Lenders nationwide.
In Business Since 1992
We’ve assisted thousands of businesses spanning various industries. In fact, our portfolio is currently in excess of $675 million.
Trusted by the U.S. SBA
SBA recognized Growth Corp as an Accredited Lender after a thorough review of its policies, procedures and prior performance.
A Non-Profit Organization Focused Exclusively on Small Businesses
By using this website, you understand that Growth Corp is good, but not perfect (although we do try!). Therefore, it is possible that you may find information on this site that is no longer accurate. Links, images, downloads, pages and blog posts may inadvertently contain information that has been superseded over the years. You also understand that we aren’t giving any legal, tax, or financial advice. So, while we hope our site makes you love 504 Loans as much as we do, the content herein is for informational purposes only.