SMALL BUSINESS. BIG IDEAS.

Are you ready to take your business to the next level?

SBA Financing Specifically Designed for Small Business Growth

 

Join Thousands of Smart & Empowered Business Owners

UNLOCK THE POWER OF SBA 504 LOANS

25-YR FIXED RATE

6.51%

20-YR FIXED RATE

6.58%

10-YR FIXED RATE

6.64%

REFINANCE RATE

+0.025%

SBA 504 LOANS

COMMERCIAL REAL ESTATE  |  EQUIPMENT  |  REFINANCE

 

25-YR FIXED RATE

6.51%

20-YR FIXED RATE

6.58%

10-YR FIXED RATE

6.64%

REFINANCE RATE

+0.025%

empowering economic growth

SBA 504 Loans

Why Do Thousands Of Businesses Choose the
SBA 504 Loan Program Each Year?

R

90% Financing

Low down payment (10% in most cases) – preserves working capital
R

Long-Term Fixed Rates

Low, fixed interest rate on 504…fixed for either 10-, 20-, or 25-years

R

The 504 Includes Soft Costs

Includes soft costs such as furniture, fixtures and fees
R

Payment Stability

No balloon payments or call provisions
R

Finances Leasehold Improvements

Parking lots, landscaping, signage, etc.
R

Provides up to $5.5 Million in Financing

Up to $5.5 million for SBA portion of loan, no limit on overall project size
R

Allows You to Keep Your Lender

Keep your lender or allow us to match you with one of our lending partners

Nationwide, SBA 504 lending continues to see increasing volume, primarily because the terms are unlike anything else in the market.

Growth Corp is Illinois' Largest SBA 504 Lender

expansion solutions

Purchase a Building

Construct a New Facility

Renovate Your Current Property

Purchase Heavy Machinery or Equipment

Refinance Commercial Mortgage Debt

In FY2024, more than 5,900 SBA 504 Loans were made to small businesses, totaling $6.7 billion.

How Does the 504 Loan Program Work?

50%

LOCAL BANK

A bank provides a first mortgage for
50% of the total project costs

 

40%

SBA 504 LOAN

 Growth Corp provides an SBA 504 Loan (as a second mortgage) for 40% of the total project costs

 

10%

BORROWER EQUITY

 The borrower provides a down payment of typically just 10% of the total project costs

 

SBA 504 Loans are offered in conjunction with banks...so you can keep your local relationship.

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.
SBA 504 LOANS
How Will You Grow Your Business?

877-BEST 504

www.GrowthCorp.com

A Non-Profit Organization Focused Exclusively on Small Businesses
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