Social distancing, work from home, self isolation and canceled events. These are all necessary actions in order to flatten the curve and help mitigate this crisis, however they can also…
Continue
The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).
Continue
A common dilemma among small business owners is whether to buy or lease commercial property in today’s market, a decision can be especially difficult in competitive real estate markets like those of California.
Continue
Each year, we survey our small business clients in California and Nevada to get insight on their outlook and predictions for the coming year. According to about 250 small business owners who participated in the survey, the outlook is more optimistic than previous years.
Continue
TMC Financing helped Cleveland O’Neal III, owner of Connection III purchase a $1.22 million building in a commercial multi-use loft complex in Los Angeles. By utilizing the SBA 504 Program, O’Neal was able to purchase the property with only a 10 percent down payment and cut his monthly occupancy costs by 50%.
Continue
As posted by carwash.com The recent growth of the carwash industry is notable. Over the last five years, revenue has grown at an annualized rate of 4.0% to $12.3 billion,…
Continue
As posted in Today’s Veterinary Business. Veterinarians who own their practice should absolutely own the building. The benefits of owning outweigh those of leasing, and deciding to purchase a building…
Continue
Every year TMC employees and board members hop on a trolley and visit some of our local clients. At TMC, we process about 250 loans a year. With each deal,…
Continue
In the Fiscal Year ending September 30, 2019, TMC provided $287 million for nearly 300 small and mid-sized businesses in California and Nevada, making us the #1 CDC in the nation.
Continue
As posted in the September edition of CH&LA’s Lodging News For the past 10 years, hoteliers have been quick to recognize and take advantage of the booming hospitality industry. Demand…
Continue