News
A New Model for Economic-Development Partnerships: Sussex County, Discover Bank, and Grow America
March 17, 2025
Sussex County Economic Development (SCED) formed a powerful partnership with Discover Bank and Grow America. The collaboration secured a $6,250,000 capital contribution that generated nearly $25 million in financing to support new, expanding, and relocating small businesses.
How Discover Bank Increased Access to Capital for Local Businesses Through a Grow America Partnership
March 14, 2025
Matthew Parks understood firsthand the challenges small businesses face in securing longer term fixed rate financing. Variable rates and shorter-term loans typically offered to small businesses create uncertainty that can limit a business’ willingness and ability to expand and grow.
Grow America’s Guide to Financial Health: 5 Key Vital Signs, Warnings, and Fixes
March 7, 2025
Just as visiting the doctor regularly helps you maintain good health and spot potential issues early on, your business needs regular financial health checkups. This guide walks you through key areas—your business’s financial “vital signs”—and shows how to build lasting financial health.
A New Model for Economic-Development Partnerships: Sussex County, Discover Bank, and Grow America
March 5, 2025
With 25 years leading the University of Delaware Small Business Development Center in Sussex and Kent County Delaware, and a decade as a small business owner in the region, Bill Pfaff had a vision to evolve SCED into an agency that truly benefited the small business community and the region.
How SBA Financing and Grow America Helped a Legacy Business Secure New Ownership
March 4, 2025
Thanks to innovative SBA 7(a) financing through Grow America, this husband-and-wife team is preserving a legacy and growing its capabilities as the new home of Yakima Machine.
Grow America Earns A+ Stable rating from S&P Global, strengthening its commitment to economic growth
February 14, 2025
Grow America, a national leader in economic and community development, is proud to announce that S&P Global Ratings has assigned the organization an A+ issuer credit rating with a Stable outlook.
6 Critical Signs of Cash Flow Challenges: Find and Fix Them Now
February 10, 2025
Here is a list of common cash flow problems that businesses face. While not every sign may apply to your specific business, recognizing relevant warning signs can help you identify and address potential issues before they are problematic.
Request for Qualifications: Professional Services Consultant(s)
January 31, 2025
Grow America’s core services include technical assistance and capacity-building, to local governments and non-profit corporations. Our organization is seeking Professional Services Consultant(s) to provide services to the technical advisory division.
5 Fresh Approaches to Meeting Small Business Loan Production Goals in Today’s Market
January 10, 2025
The current lending environment presents unique challenges for small business bankers. Within these challenges lie opportunities to revolutionize small business lending approaches. By combining time-tested banking principles with innovative strategies, institutions can unlock new pathways to growth.
The Grow America difference: Support at every loan stage
January 4, 2025
As a small business owner, you’re more than just a business–you’re a vital part of your community. Whether you run a neighborhood restaurant, a local retail shop, or a growing service company, your success creates a ripple effect that brings opportunity to others.