In the realm of business finance, choosing between fixed and variable rate loans can significantly impact long-term financial stability. While variable rates fluctuate with market conditions, fixed interest rates offer predictability and security over an extended...
There is now no limit to the number of SBA 504 Green Energy Public Policy Projects or the aggregate dollar amount outstanding. The SBA 504 Green Energy Loan Program allows businesses to go green to benefit the environment while also exceeding typical SBA lending...
Grace Ballet & Acrobatics Studio, owned by Anna Johnson, has successfully operated for two decades, and with the assistance of the SBA 504 Loan Program, she was able to lock in a lower fixed interest rate to increase profit margins and create stability. Grace...
For more than 50 years, the U.S. Small Business Administration (SBA) has celebrated National Small Business Week, which recognizes the critical contributions of America’s small business owners. This year, National Small Business Week takes place April 28 – May 4,...
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...
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...
