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As a Certified Development Corporation (CDC), the Small Business Growth Corporation helps small businesses finance their expansion goals by providing an attractive alternative through the SBA 504 Loan Program. The program essentially consists of three key elements: 50 percent of the project's total costs is provided by a lending institution, usually a bank; 40 percent is provided by the GrowthCorp/SBA; and, 10 percent equity is provided by the borrower. By requiring only a 10 percent down payment from the borrower, small businesses are able to conserve their operating capital, while the structure of the program makes it attractive to financial institutions. The Small Business Growth Corporation saves both the business and the participating lender time by working directly with the borrower to organize, package, process and close the 504 loan. Visit their web site at http://www.growthcorp.com.
THANK YOU SMALL BUSINESS GROWTH CORP!
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