The City of Springfield, Illinois, recognizes the immense contributions of its small business community to the health and vibrancy of the city. In an effort to assist local economic development efforts, the City has several programs available to incentivize...
On February 21, 2018, Congressman Mike Bost (IL-12) visited a rural small business, Magnum Steel Works, Inc., in Mt. Vernon, Illinois. The purpose of this visit was to get a firsthand glimpse of the impact local business expansion has on its community. He also...
America has over 30 million small business owners. These innovative entrepreneurs are the engine of job creation and economic growth in our country. The U.S. Small Business Administration (SBA) ensures these businesses have the tools and resources necessary for...
If you’re a small business located in a rural community, you should be aware of an SBA loan program created specifically to help you grow and expand. The SBA 504 Loan Program, an economic development tool designed to help businesses in rural communities,...
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...
The decision on when to expand and/or relocate your business is a difficult one. Two of the most recognized hurdles your business may face are: preservation of capital (“Do I have enough cash to expand my business?”); and finding appropriate financing...
