The Maturity Phase of Your Business—Where Are You Now & Where Are You Going?
According to Forbes, every business—no matter how big or how small—goes through the same business life cycle. The life cycle consists of a spectrum of four stages that your business will move through, and knowing where your business is in the cycle is critical to your long-term success. We want to focus on one stage […]
These Are the Top SBA 504 Loan Lenders in Ohio
If you are a small business owner who has been looking into long-term financing, you’re probably already familiar with the 504 loan program. The U.S. Small Business Administration (SBA) provides 504 loans of up to $5 million to help small businesses afford major fixed assets. In order to apply for the 504 loan program, you’ll […]
See How Much You Qualify For with Our SBA 504 Loan Calculator
Small businesses looking for long-term financing should really be in-the-know about the 504 loan Program. The U.S. Small Business Administration (SBA), with the help of Certified Development Companies (CDCs) like Growth Capital Corp., provides long-term financing of up to $5 million for major fixed assets. Promoting job creation and business growth in the small business […]
How to Get a Small Business Loan for Startups in Ohio
Entrepreneurs who want to start a small business in Ohio are in luck! The U.S. Small Business Administration (SBA) backs Ohio small business startup loans. SBA loans are competitive and have firm requirements, so it’s important to target the right loan for your new company. Follow these steps to successfully secure a startup loan in […]
Need an SBA Loan for Your Nonprofit?
The Small Business Administration (SBA) offers attractive loans to help new and existing small businesses grow and thrive. The SBA, however, has strict guidelines on the type of companies that are eligible for their small business loan programs. SBA loans for most nonprofit organizations, for example, are unfortunately not easily accessible or available. But, don’t […]
PPP Loan Updates and Alternate Options for Small Business Financial Support
As summer progresses, so do small business efforts to learn about and adapt to the effects of COVID-19. Yet even as more businesses begin to reopen their doors, bolstered by guidance and loan resources from the Small Business Administration (SBA), questions and uncertainties in today’s pandemic environment continue to abound. Growth Capital has taken numerous […]
5 Ways Growth Capital Can Help Your Small Business Weather COVID-19
For many, the world seems upside down these days in light of the COVID-19 pandemic. However despite the personal and professional challenges we’re facing in the current environment, Growth Capital is committed to being resilient in the face of change. As a Certified Development Company (CDC), we’ve been busy ensuring our efforts continue to bring […]
5 Signs Your Business is Ready to Apply for an SBA Loan
Are you ready to take the next step to grow your business? If you’ve hit a wall with your business plan, have plateaued in sales or are simply looking for a change—it might be time to apply for a business loan that can provide the stimulation your business needs to get over the hump. A […]
2019 Growth Capital Community Impact Recap
Looking back at 2019, it was a busy year for all of us at Growth Capital. Not only did we continue to impact our communities throughout Ohio through creative financing solutions that help local businesses grow, but we realized our own biggest achievement year to date as a company. Notably, we surpassed our goal of […]