by Grow America Staff | Apr 25, 2025 | Resources for Lenders, Small Business Lending
If you’re a banker serving small businesses, you seek innovative strategies that align your bank’s goals with opportunities to better serve your customers—and helping your bank earn Community Reinvestment Act (CRA) credit is one way to achieve this. CRA is an...
by Grow America Staff | Apr 16, 2025 | Resources for Lenders, Small Business Lending
As a financial professional, you know that connecting your small business clients with the right funding is at the heart of what you do. But let’s face it—referring clients to other institutions can quickly turn into a maze of emails, phone calls, and paperwork...
by Grow America Staff | Mar 17, 2025 | Resources for Lenders, Small Business Lending
At a glance Sussex County, DE, needed strategic and innovative thinking to leverage business-development opportunities in the competitive Delmarva Peninsula. Sussex County Economic Development (SCED) formed a powerful partnership with Discover Bank and Grow America....
by Grow America Staff | Mar 14, 2025 | Resources for Lenders, Small Business Lending
At a glance ● Discover Bank met a critical need for favorably priced capital with better terms in Delaware while earning a market equivalent rate of return and CRA credit on the loan capital it provided ● $35 million deployed across 40 Delaware businesses over 8 years...
by Grow America Staff | Mar 4, 2025 | Resources for Lenders, Small Business Lending
At a glance Yakima Machine’s loan was a complex deal that faced significant financing challenges in the acquisition of a specialty zinc-plating and manual machining shop. Grow America’s innovative use of SBA 7(a) financing enabled the deal to successfully close while...
by Jai Sen | Dec 9, 2024 | Resources for Lenders, Small Business Lending
At a glance WOMPA, an innovative mixed-use property, faced complex financing challenges due to its unique business model. Grow America’s creative, second-position loan structure allowed WOMPA’s primary bank to maintain the customer relationship while reducing risk and...
