The SBA 504 Loan Program can be a valuable resource for small business owners facing a balloon payment by providing refinancing options with competitive rates, longer repayment terms, and fixed-rate financing. It helps alleviate financial stress and provides a pathway...
(July 18, 2023) – Growth Corp was named Illinois’ 504 Lender of the Year by 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 Loan...
As you consider your goals, remember that it is never too early to start planning for 2021. Whether those needs are 2 months out, or 2 years down the road, preparing for your goals and “what-ifs” will reduce some of the stress when those actual moments do arise. Do...
A question we get asked often is, “Can the SBA 504 Loan Program help me get cash out from the equity in my building?” Yes…SBA 504 Refinance Loans provide access to equity a borrower has built up in real estate while re-amortizing with a low, long-term,...
A question we get asked often is, “Can the SBA 504 Loan Program help me access working capital?” Yes…SBA 504 Refinance Loans provide access to equity a borrower has built up in real estate while re-amortizing with a low, long-term, fixed interest rate...
Access to capital is consistently one of the top challenges entrepreneurs and small businesses encounter, making the SBA 504 Loan Program a vital resource to economic growth and job creation. We’re happy to report SBA 504 Loan Volume is up 15% so far in Fiscal Year...
