This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19. Restaurant Revitalization Fund (RRF) – Program Details The American Rescue Plan Act established the Restaurant Revitalization...
With the celebration of Earth Day upon us, are you ready to go green? The U.S. Small Business Administration (SBA) and U.S. Department of Energy (DOE) are teaming up on a shared mission: to inspire entrepreneurs and small business owners to leverage SBA loan...
April is here, and with that so is Community Banking Month…a time to recognize the unique spirit and unwavering commitment which makes YOU, our independent community bank members, the foundation of your cities and towns across the state. Here are just some of the...
Growth Corp’s very own Joel Herscher is teaming up with Michele Petrie and Brian Rynes at Wintrust Financial Corporation in offering a complimentary webinar on April 6. Together, they’ll break down everything you need to know about SBA financing for your...
Curious as to whether you and your business are a good candidate for an SBA Loan? You’re not alone! Thousands of businesses, of all shapes and sizes, use SBA 504 loans every year to expand their business. Whether that be buying new equipment, purchasing a new...
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 lending is up 21% so far in Fiscal Year...
We Are Proud to Support America’s SBDC and the 5th Annual #SBDCDay. For over 40 years the America’s Small Business Development Center (SBDC) Network has helped millions of men, women, veteran and minority entrepreneurs and small business owners start and grow their...
We wanted to relay the latest information we have received from the U.S. Small Business Administration (SBA) regarding a reduction in the debt relief benefits originally authorized under the Economic Aid Act enacted December 27, 2020. In Section 325 of the Economic...
Attention small business owners: If you’re tired of paying rent for your business, you need to know about a government-backed financing option that can help you buy or build a new facility for your business: the SBA 504 Loan Program. Should I Rent or...
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...