4100 Newport Pl., Suite 760
Newport Beach, CA 92660
445 S. Figueroa St., Suite 3100
Los Angeles, CA 90071
San Diego & Imperial
Senior Vice President, Business Development
With over 20 years of experience in financial services, Jennifer Davis spearheads TMC’s mission in Southern California. As Senior Vice President of Business Development, Jennifer is responsible for educating business owners, commercial mortgage lenders and commercial real estate brokers about the SBA 504 program and other lending opportunities available through TMC.
Under Jennifer’s leadership, TMC Financing has gained significant market share throughout Southern California. Jennifer has helped over 200 small businesses obtain over $877 in commercial real estate financing. This has resulted in the creation or retention of approximately 1,500 jobs.
Prior to joining TMC Financing, Jennifer held multiple positions at Bank of America, including senior vice president, Premier Banking market manager, client manager and financial advisor. Her extensive background in banking has helped her expertly structure deals for small businesses and lender partners. On many occasions, Jennifer has gotten SBA approvals on deals previously denied when submitted by other CDCs.
Jennifer earned her B.S. in business/finance from the USC Marshall School of Business and has recently named Business Development Officer of the year by the Coleman Report, and one of the “Top Women in Banking” by Los Angeles Business Journal.
The U.S. Small Business Administration 504 loan program allows small-business owners to financing commercial real estate and other fixed assets with long-term, below-market, fixed interest rates. SBA 504 loans can be used to finance the total project cost (TPC), which can include the purchase price, construction/renovations, equipment, soft costs and closing costs. A typical 504 loan project requires a down payment of only 10 percent of the TPC from the borrower, with the remaining amount split between a first mortgage provided by a commercial lender and a second mortgage provided by a CDC. By enabling owners to keep their capital working to grow the business and create jobs, the 504 program provides long-term stability to both businesses and communities.