News
How much is your business worth? Three ways to value your company
December 20, 2024
Understanding your business’s value isn’t just important when you’re ready to sell—it’s crucial knowledge for securing loans, getting proper insurance coverage, and planning for your company’s future. This knowledge becomes especially critical when seeking financing, as lenders, particularly for SBA loans, often require professional valuations for business acquisitions.
How Grow America’s Innovative Lending Approach Helped Stabilize a Unique Real Estate Development Project
December 9, 2024
When Dean Williams and his partner Michael Mason envisioned WOMPA, they saw beyond the typical mixed-use development playbook.
Understanding Current Small Business Financing Challenges and Opportunities: Highlights from the 2024 Federal Reserve Report on Employer Firms
December 6, 2024
For small business lenders, understanding today’s rapidly shifting financial landscape is crucial for building strong client relationships and identifying growth opportunities.
The Power of Partnership: How Building a Referral Network Keeps Banking Relationships Strong
December 5, 2024
Remember when small business banking was simpler? When relationships were built on handshakes and your biggest competition was the bank down the street? Those days might be gone, but here’s the good news: today’s challenges are creating profitable opportunities for small business bankers who know how to play the long game by building referral relationships.
How Technology Can Help You Take Control of Your Business Loan Journey
November 26, 2024
Just like ordering takeout or checking in for a flight, getting a business loan has gone digital. This shift puts you—the business owner—in the driver’s seat in an exciting way.
Start 2025 off Right: Creating a Cash Flow Forecast to Support Realistic Goal Setting
November 25, 2024
The new year is around the corner, and while many business owners are setting goals for 2025, successful ones are turning those goals into actionable plans. One of the most powerful tools for realistic planning is a cash flow forecast–and now is the perfect time to create one.
Financing Options for Franchise Growth: A Guide for Small Business Owners
October 1, 2024
Picture this: You’re standing in your bustling franchise, the smell of success (and maybe french fries) in the air. You’ve mastered the art of running one or maybe two locations, and now you’re dreaming bigger. Maybe you’d like to open a location across town, or perhaps you’re imagining locations spanning your state. That’s the beauty of franchising—the potential for growth is baked right into the business model.
Understanding Financial Forecasting for Small Businesses
October 1, 2024
As a small business owner, you wear many hats—from CEO to customer service. But one of the most important roles you play is that of a small business financial planner. Financial forecasting is a key skill that can help your business thrive.
Metrics That Matter: The 9 Most Important Metrics for Growing Small Businesses
October 1, 2024
Starting a business is exciting, but it comes with its fair share of challenges. One of the biggest hurdles can be understanding and managing your finances. As a small business owner, you’re likely wearing many hats, and “financial analyst” might not be your favorite one to put on.
Grow America Diaries: Dean Williams, WOMPA, Tulsa, OK
October 1, 2024
In this edition of our Grow America Diaries series, we meet Dean Williams, co-founder of WOMPA, a unique mixed-use property in Tulsa, Oklahoma. Dean shares his vision for creating a diverse community space and explains how a loan from Grow America helped stabilize the project’s finances during its crucial early stages.