(English)
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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(English)
TMC Financing, an SBA 504 real estate lender, recently worked with hotel owner, Alex Patel, to secure $2.8 million in total project financing. The funds were used to purchase the much sought-after Americana Modern Hotel, located in downtown Redding, California.
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Disculpa, pero esta entrada está disponible sólo en Inglés Estadounidense. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link…
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(English)
TMC Financing’s SBA 504 Refinance loan not only lowered Muhammad Khattak’s occupancy costs by approximately $4,000 per month but proved to be a vital tool against the financial impact of the coronavirus pandemic.
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(English)
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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(English)
TMC Financing helped Filiberto Fonseca and Gino Borello, co-owners of NewPath Landscape Services, secure over $1.6m in SBA 504 financing that funded two different projects. The funds were first used to acquire 8 acres of vacant land, then later to purchase a 4,608 square-foot building in Morgan Hill, CA.
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(English)
Ralph Jensen, the owner of a family-owned fastener shop, never dreamed he could afford to buy a building for his business. He leased his property for 25 years before he was introduced to the SBA 504 Program and realized that buying a building was within his reach. By utilizing the SBA 504 Program, Jensen purchased his building with 90 percent financing and a record low interest rate.
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(English)
When the owner of Mariner Square learned of the SBA 504 Refinance Program, he realized it was an opportunity he could not pass up. Rates were at record lows and the opportunity for cash out would help his business thrive.
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