“The main reason I bought it was the chance to put my fingerprints on it” Amrish Patel said of his newly purchased Green Lantern Inn in Carmel-by-the-Sea Calif. “We’re making improvements but maintaining its charm.”
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Red Rock Fertility a Las Vegas-based fertility center has purchased a new building at 9120 W. Russell Road in Southwest Las Vegas.
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"There were so many reasons for the banks to say no,” Rush Creek owner Lee Zimmerman said. “Non-flagged, ground-up construction in a remote area, needing all of its own infrastructure, coming out of the economic recession and after the Rim Fire. Without the SBA piece from TMC, we couldn’t have gotten this done. Banks would not have been comfortable financing this deal."
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“This is the second building we’ve purchased using SBA financing,” AutoCrib Founder and CEO Stephen Pixley said. “Owning is really the way to go because you get to depreciate the building in a tax-advantaged way.”
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CEO Travis Mannon said SBA 504 financing made sound financial sense for FlexCare, one of the nation’s leaders in travel nursing services. “Our cost per square foot dropped 20 percent,” he said. “And rates are so low, you’d be crazy not to buy...TMC is really connected in the real estate financing market and made the process a breeze.”
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The Oakland Chamber of Commerce celebrated strong female leaders by highlighting four outstanding and inspirational women at their 2017 East Bay Women in Business Award ceremony.
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If you are a car wash owner and you are looking for a loan, you should know about the Small Business Administration’s 504 loan program.
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Managing the costs of a manufacturing operation can be one of the biggest challenges that business owners face.
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The SBA has a special program for service-disabled veterans and provides special conditions for 7(a) and 504 loans.
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Despite their crucial role in the everyday lives of millions of people, gas stations generally do not get the best financing options from conventional lenders.
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Chris Hunter joins TMC’s Business Development Team in Southern Nevada. Based in Las Vegas, NV, Chris joins TMC with over 18 years of experience in SBA lending and will continue to serve small business owners by helping make commercial real estate ownership possible via the SBA 504 Loan Program.
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The Small Business Association (SBA) offers both 504 and 7(a) loans to small business owners. These programs include low down payments, below-market interest rates, and longer, more manageable terms.
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In this post, we will look at the types of lending typically available to manufacturers, and examine their offerings and conditions while assessing their pros and cons.
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For small to mid-sized businesses that are growing or expanding, SBA loans are a vital source of capital for fixed asset investment, as well as advocacy and guidance.
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By 2030, California’s population aged 65 or older will double, the Stanford Center for Longevity predicts, and the number of people living in some kind of senior housing is expected to double by that time as well.
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