SBA News, TMC Updates & Client Success Stories

you should understand the job creation requirement of the sba 504 loan

Understanding the SBA 504 Job Creation Requirement

To ensure that lenders are financing projects for borrowers who plan to create jobs, the SBA included a job requirement. However, it is important not to let that stipulation discourage you from applying for an SBA loan, as there are several options for meeting that requirement.


TMC Las Vegas SVP of Business Development Retires after 10 Years

After 10 years of leading the Las Vegas market for TMC Financing, Ann Santiago, Senior Vice President of Business Development, is retiring. Ann has been an indispensable asset to TMC since the beginning. She built a successful career out of helping Nevada’s small businesses owners gain access to capital through the SBA 504 lending program.


SBA Loans Enhance Profit and Value

The CDC/504 loan features a low down payment and a below-market, long-term fixed interest rate. This affordable financing option makes building ownership possible for individuals who lack the capital to qualify for a conventional loan. Consequently, a larger pool of potential buyers means commercial mortgage brokers reap the benefits as well.