Small Business Growth Corporation

Small Business Growth Corporation, located at 2401 W White Oaks Dr, Springfield, IL, is a leading financial institution dedicated to supporting the growth and success of small businesses. As a non-profit organization, we focus exclusively on providing tailored financial solutions to help businesses thrive.Our Services:We specialize in the SBA 504 Loan Program, recognized as one of the best financing solutions available for small business owners. This program offers:- Commercial Real Estate Financing: Ideal for the purchase, construction, and renovation of commercial properties.

- Equipment Financing: Facilitates the purchase of long-term machinery and equipment.

- Refinancing: Allows small business owners to refinance existing commercial mortgages with the 504 Refinance Program, adding just 0.025% to any of the rates above.Why Choose the 504 Loan Program?- Low Fixed Interest Rates: Borrowers benefit from low interest rates fixed for either 10, 20, or 25 years, ensuring predictable payments and eliminating inflationary pressures.

- High Advance Rate: Up to 90% financing of the total project cost, preserving working capital for day-to-day business expenses.

- Comprehensive Coverage: Covers costs for land, existing buildings, construction, equipment, and even soft costs like furniture, fixtures, closing costs, and professional fees.

- No Balloon Payments: Eliminates the need for large cash savings for balloon payments, thus avoiding refinancing and additional appraisals.Our Reach:Authorized by the U.S. Small Business Administration, Growth Corp administers the 504 Loan Program throughout Illinois and parts of Missouri, Indiana, Iowa, and Kentucky. We are proud to be:- The largest 504 Lender in Chicago.

- The top CDC (Certified Development Company) in Illinois.

- One of the top ten SBA 504 Lenders nationwide.Our Commitment:We believe that small businesses are the backbone of our communities' economic prosperity. Whether you are a start-up or a seasoned business, we are committed to supporting your growth and success. Our professional business advising, training, and information services are designed to help you achieve your business goals.Achievements:- We have assisted thousands of businesses across various industries, with a portfolio exceeding $817 million.

- Recognized by the SBA as an Accredited Lender due to our exemplary policies, procedures, and performance.Choose Growth Corp for your financing needs and join the ranks of successful businesses that have benefited from our expertise and dedication. Contact us today to learn how we can help you grow your business.