On December 9, 2024, Forbes published an article titled, “With Rates Dropping, the SBA is Relaxing Its Refinancing Rules for Small Businesses” by Brandon Kochkodin, which highlights recent changes to the SBA 504 Refinancing program. Let’s touch on...
What are the top five factors influencing SBA lending in 2024 and why has SBA’s role grown even more important? More and more small business owners are turning to SBA loans as quality sources of capital. That’s why its important to be aware of the current factors...
New lower fees for SBA 504 loan in Fiscal Year 2025 apply to loans approved October 1, 2024, through September 30, 2025, and include a 3.3 basis points decrease in the annual service fee and the continuation of 0% upfront guaranty fee. SBA 504 Loans The...
Growth Corp was named Illinois’ 504 Lender of the Year by the Illinois District Office of 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...
When it comes to SBA 504 Loans, what is the Growth Corp difference? While all Certified Development Companies have the same general mission, there are key differences you should be aware of. These differences can make a huge difference in your overall experience...
More and more small business owners are turning to SBA loans as a quality source of capital. That’s why its important to be aware of what’s new with SBA 504 lending and why volume isn’t expected to slow any time soon. We have good news…not only did...
