As you’ve probably heard, interest rates are on the rise. And rising interest rates can have a serious effect on small businesses…impacting everything from growth plans to cash flow. Therefore, if you’re a small business owner with either a...
From understanding the 504 Loan Program to learning the Refi specifics, Growth Corp is here to provide SBA 504 loan support and training. Our team, drawing from decades of practical experience with 504 lending, is able to provide a unique blend of expertise to our...
In general, loans that don’t fall under the “conventional small business lending” category may be considered as community development loans. Loans and investments can get credit under the economic development category if they meet both a...
In celebration of Small Business Week, the Small Business Week of Eastern Missouri committee recognized outstanding efforts made by top SBA Lenders. Growth Corp was pleased to be recognized as one of the top CDC’s in Eastern Missouri. This awards ceremony was...
When it comes to SBA lending, the most common question we hear is, “What’s the difference between the SBA 504 and SBA 7a programs?” Many people are familiar with the better-known 7a and automatically assume that is the best option for financing any...
Wondering how to finance heavy equipment? The SBA 504 Loan Program is one of the best options for manufacturing operations looking to purchase heavy machinery and equipment, or for those looking to purchase new facilities, warehouses or other commercial real estate...
Let’s face it, financing the purchase of a medical office building can be a daunting task. Because of the high cost of building improvements (customized plumbing, construction of exam rooms, lead walls for x-ray or surgery units, etc.) and the additional costs...
Are you starting or expanding a business, and in need of a loan to help make it happen? While there are some larger loan options available, many entrepreneurs – particularly freelance, online and home-based businesses – require only a few thousand dollars to get...
Attention lenders: don’t let common roadblocks get in the way of approving good deals. Remove the barriers by partnering with the SBA 504 Loan Program. For instance, check out some of the solutions the 504 Loan Program can provide: [su_table] Barriers 504...
Small businesses deserve some special recognition for helping our communities thrive. Not only are they run by courageous entrepreneurs working tirelessly, but they are also the sponsors of little league teams, the community fundraising donors and the employers of...
