Success Stories

Robert T. Eglet Advocacy Center: Creating a lasting legacy in Las Vegas

Electric vehicle charging stations, energy-efficient lighting and water conservation measures helped the Robert T. Eglet Advocacy Center in Las Vegas qualify for $5.5 million in SBA 504 financing. “A conventional loan would have meant 20 percent or more out-of-pocket from our working cash,” Eglet said. “With TMC, we don’t have as much risk.”

Continue

Heritage Solutions taps TMC for real estate and equipment financing

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

Hospitality financing on a majestic scale: Rush Creek Lodge

“There were so many reasons for the banks to say no. It’s non-flagged, ground-up construction in a remote area, needing all of its own infrastructure, following the economic recession and just after the Rim Fire. Without the SBA piece from TMC, we couldn’t have gotten this done.”

Continue

SBA 504 restaurant financing: The Slanted Door

“Working with TMC was like having an expert field guide taking you thought a thick jungle. In the real estate business, you are working within a short window of time. In a hot market like San Francisco, I can’t tell someone I need six months. I need the right person to get the job done and that’s TMC,” says James Beard Award-winning restaurateur Charles Phan of The Slanted Door Group in San Francisco.

Continue

Family business improves senior care in smaller communities

“We approach the market from a real estate perspective,” Dinesh Sawhney said. “It’s probably not a common path – from shopping centers to a hotel to high-level memory care facilities for seniors with dementia – but there is a need in our market for assisted living, so that’s where the opportunities are.”

Continue
ACT truck multiple SBA loans

Multiple SBA loans amplify business growth for TMC client

“Without the SBA 504 loan program, we’d be 30 percent less successful. If we had to come up with a much higher down payment, we’d have that much less to put into our business,” says Walt Singer, owner of ACT Environmental Services. ACT have leveraged multiple SBA 504 loans to propel ACT’s growth into a nationally recognized leader in environmental management services. “It doesn’t make sense to make long-term investments in someone else’s property. It just wouldn’t pay off. Property ownership is the way to go, long-term.”

Continue