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“You have to know what to look for and be willing to invest in what it takes to make the property more attractive,” says hotel broker Howard Mathews. “If you can get another 50 percent in revenue per available room, you know it’s worth it. Jay and Don like to work with Jim and TMC. They have good people who know what they are doing and can get deals done.”
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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.”
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“There were so many reasons for the banks to say no,” Rush Creek owner Lee Zimmerman said. “Non-flagged, ground-up construction in a remote area, needing all of its own infrastructure, coming out of the economic recession and after the Rim Fire. Without the SBA piece from TMC, we couldn’t have gotten this done. Banks would not have been comfortable financing this deal.”
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TMC Financing provides unlimited funding through SBA 504 energy-efficiency program TMC Financing today announced Shailendra “Sam” Devdhara financed the purchase of the 69-room Quality Inn & Suites Silicon Valley Santa…
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February 20th, 2015 TMC Financing funds solar-powered distribution center in Nevada Battery Systems uses energy efficiency to unlock unlimited SBA 504 financing TMC Financing today announced the owner of Battery…
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May 2nd, 2014 SBA Green Energy Success Story: 9to5 Seating 9to5 Seating $9,320,000 Hawthorne, CA TMC Financing helped 9to5 Seating finance the purchase and ground-up construction of a new headquarter…
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April 28th, 2014 SBA Green Energy Success Story: Waterworks Aquatics Waterworks Aquatics $6,120,000 San Jose, CA Waterworks Aquatics is a swim school with six locations across Southern California. The company…
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April 25th, 2014 SBA Green Energy Success Story: Eglet Wall Christiansen Eglet Wall Christiansen $17,950,000 Las Vegas, NV Eglet Wall Christiansen, a top Las Vegas Law firm, worked with TMC…
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March 28th, 2014 Get More Green with the SBA Green Program As published in Globe St: Get More Green with the SBA Green Program by Kelsi Borland | Los Angeles…
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March 5th, 2014 New Owners Acquire Comfort Suites near San Jose Airport for $6.6 Million As published in Online PR Media: New Owners Acquire Comfort Suites near San Jose Airport…
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