The Small Business Administration (SBA) will increase its business size standards effective March 18, 2024. Eligible businesses will now include those with a Tangible Net Worth of not more than $20 million (up from $15 million), and Average Net Income...
With the turn of a new year, are you thinking about seizing new opportunities to grow your business? That’s why the U.S. Small Business Administration (SBA) developed the 504 Loan Program…to offer business owners a more affordable and accessible way to grow and...
Growth Corp, a mission-driven Certified Development Company (CDC), is proud to continue its 35-year commitment to connecting local small businesses with access to quality capital. As many businesses struggle to find affordable growth financing in this higher-rate...
When it comes to SBA 504 Loans, it matters which Certified Development Company (CDC) you work with. Those who have investigated the U.S. Small Business Administration’s (SBA) 504 financing options have probably seen a reference to a Certified Development Company...
Dispelling the myths about SBA 504 Loans is important so that small businesses don’t miss out on an incredible financing opportunity. In Fiscal Year 2023, more than 5,900 SBA 504 Loans were made to businesses nationwide, totaling $6.4 billion. Despite this...
Small business financing that was actually designed to meet the needs of small businesses? Sound too good to be true? It’s not! The decision on when to expand and/or relocate your business is a difficult one. Two of the most recognized hurdles you may...
