San Francisco’s small businesses are in crisis. A number of factors are driving even decades-old businesses to close their doors: difficulty hiring employees due to the city’s housing crunch, competition with e-commerce and on-demand delivery giants, and extra pressure from city-imposed mandates. But there is one factor business owners can theoretically control: buying their spaces instead of leasing them, as a hedge against skyrocketing commercial rents.
Continue
The Pace Group, an LA based marketing firm, refinances with multiple 504 loans to save capital and excess cash trapped in equity.
Continue
NY Hair Company, a popular Las Vegas salon owned by Nicolette Tucker, is opening a new and expanded location in March, thanks to an SBA 504 loan from TMC Financing.
Continue
Christine Sheffield, founder and owner of Platinum Container, had been leasing space for her business for over 15 years. After searching for five years, she finally found and acquired her dream building with the help of the SBA 504 Program.
Continue
After answering to five different building owners and enduring regular rent increases, Judy Beckowitz, president and owner of American Countertops & Floors, decided the timing was right to invest in herself and her growing company. With the help of an SBA 504 real estate loan from TMC Financing, she was able to purchase a 5,557-square-foot office and warehouse in North Las Vegas.
Continue
Laser Alliance was able to obtain 90% financing to purchase a home for their business Laser Alliance, a Milpitas manufacturer that specializes in visual graphics, obtained 90 percent financing via…
Continue
From Milpitas to San Francisco, a Small Business Administration loan program is helping local companies stay in the Bay Area As posted on Mercury News Facing soaring rents and property…
Continue
Walker obtained financing through the SBA 504 Program to purchase a 3,150 square foot mixed used condo located at 3450 3rd Street in San Francisco. The 504 loan allowed Walker to acquire the condo with only a 10 percent down payment and a below-market, fixed 20-year rate. UpCycle occupies about 55 percent of the building, allowing Walker to rent out the remaining space and gain additional monthly cash flow.
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
