Why should we celebrate Small Business Saturday on November 26th? As a consumer, you’re a key part in helping small businesses thrive. By shopping or dining at small businesses throughout the year, you’re showing your support for the small businesses in...
Starting or growing a business can, and usually does, involve spending in several different areas. And some business owners may find their type of business to be one that lenders pass on due to inexperience with the business type or lack of comfort with the risks....
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...
One of the most commonly asked questions we hear from small business owners is, “what are lenders looking for when I apply for financing?” Approach the financing process the same as you would approach dating. There are things you can do that improve your...
Nationally, the dollar volume of SBA 504 loans is up 7.5% and Growth Corp is on pace to surpass its 2015 volume as well. Essentially, small businesses are finding expansion a more viable option with the 504. So far this year, through a partnership with our 504 Loan...