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Rising occupancy costs can be detrimental to the Inland Empire small business owners who are currently leasing property. Fortunately, through the Small Business Administration’s (SBA) 504 loan program, business owners can affordably finance a building purchase and stabilize their occupancy costs for the long term.
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By utilizing the SBA 504 Program to purchase his building, Eby Iron Designs, was able to obtain 90 percent financing and a below-market 25-year fixed rate loan.
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We get this question from our small business clients all the time, whether they are in California, Nevada, or Arizona. It is a valid question as you are trying to determine the ‘right path’ for your small business.
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Las Vegas Mental Health and Wellness Center purcahsed 2,609 square-foot clinic thanks to Small Business Administration (SBA) 504 Program. The SBA 504 loan program, administered through TMC Financing, offers small businesses an avenue for financing with a long-term, fixed-rate loan and a low down payment.
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LAS VEGAS – Northwest Career College, an accredited trade school with more than 1,000 students, opens its fifth campus building this month. The $1.5 million building was purchased with an SBA 504 loan through TMC Financing. The first mortgage lender was JP Morgan Chase Bank.
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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.
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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.
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Bringing the family business to the U.S. had always been a dream of Jose Gonzales, the son of a successful agave farmer in Mexico. He manages a family-owned North Las Vegas tequila and vodka bottling company.
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“Catering is not just a necessity anymore, it has to be a highlight of the event, especially here in Las Vegas,” said Alex Barnett, one of three owners of Cut and Taste and a University of Nevada, Las Vegas graduate.
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A Las Vegas Law Firm faces tremendous growth and finds the Small-Business Financing it needs to expand in the 504 Loan Program offered by TMC Financing.
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