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.Continue
One of the most sizeable expenses on your overhead list will be rental payments, which are a recurring expense and may increase regularly and unpredictably. Unlike rent payments, mortgage payments on a fixed-rate loan will remain constant. They are also often comparable in cost.
Bear Label Machine, Inc Buys their Building with an SBA 504 Loan from TMC. Bear Label Machine, Inc is a family run business that strives to provide customers with high quality and dependable label machines.Continue
Each year, TMC board members and staff celebrate the success of the SBA 504 loan program by visiting recently funded properties. For 2016, the tour included two Oakland businesses: Rock The Bike and Four Barrel Coffee.Continue
“Owning is really the way to go because you get to depreciate the building in a tax-advantaged way,” says Stephen Pixley, owner of AutoCrib, Inc., who purchased a $7.75 million manufacturing facility with the help of TMC’s SBA 504 loan.Continue
Heritage Solutions used the SBA 504 program for both real estate and equipment financing. “Without SBA help,” CEO John Tatum said, “we couldn’t afford to buy this equipment. This is the best printing machine in the country and no one else has it but us. Without the SBA and the ability to finance over 20 years, I would have been too scared. If we had to finance the machine over five to seven years like most loans, I don’t think we could have done it.”Continue
“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.”Continue
February 20th, 2015 TMC Financing funds solar-powered distribution center in Nevada Battery Systems uses energy efficiency to unlock unlimited SBA 504 financing TMC Financing today announced the owner of Battery…Continue