{"id":21529,"date":"2023-02-07T07:50:34","date_gmt":"2023-02-07T15:50:34","guid":{"rendered":"https:\/\/www.tmcfinancing.com\/?p=21529"},"modified":"2023-02-07T07:50:34","modified_gmt":"2023-02-07T15:50:34","slug":"renteria-vineyard-management","status":"publish","type":"post","link":"https:\/\/www.tmcfinancing.com\/es\/renteria-vineyard-management\/","title":{"rendered":"Longtime Leasee Purchases Building with SBA 504 Loan administered by TMC Financing"},"content":{"rendered":"

Renteria Vineyard Management \u2018Owns a Building they Love\u2019 with only 10 percent down payment<\/em><\/h2>\n

Experts estimate the global wine market will reach a size of $825 billion by 2030 \u2013 and a significant part of that growth will happen due to expanded production in Napa Valley, California. Renteria Vineyard Management<\/a> is at the forefront of premium wine production.<\/p>\n

\"blanca\u201cRenteria Vineyard Management is a full-service vineyard management company,\u201d explains Blanca Wright, its Chief Financial Officer. \u201cWe start in the vineyards when the plants wake up all the way until they go to sleep.\u201d With over 2,000 acres under management, the firm will add about 150 more in 2023, reaching 600 employees at peak season.<\/p>\n

With help from TMC Financing and the SBA 504 Loan Program<\/a>, Renteria recently acquired a 5,049-square-foot building in the heart of Napa\u2019s wine country for $1.4 million and only 10 percent down payment.<\/p>\n

“Renteria has been a longtime leasee, but owning was always a goal for them,” explains Anna Rummelein<\/a> who administered the SBA 504 loan. “Unfortunately, wine has often been looked at as a high-risk industry by lenders.”<\/p>\n

When Renteria wanted to figure out a way to purchase real estate for the business, the firm\u2019s long-time banker suggested they look into the SBA 504 program.<\/p>\n

A long-term initiative of the Small Business Administration administered by a select group of Certified Development Companies<\/a> including TMC Financing, the SBA 504 loan program is specially designed to help businesses finance the purchase of owner-occupied commercial real estate at below-market interest rates and low down payments.<\/p>\n

An SBA 504 loan can also be applied to the purchase of equipment or used to update and upgrade the property. Incentives are available to encourage business owners to introduce energy-saving and eco-friendly features on their premises.<\/p>\n

\u201cThe 504 loan allowed us to not only secure the building, but build it out the way we want it,” states Wright. “We\u2019re making quite a few tenant improvements so when we move in, we\u2019re not just owning a building \u2013 we\u2019re owning a building we love.\u201d<\/p>\n

The SBA 504 program offered a loan structure that was just right for Renteria<\/a> along with a highly attractive interest rate and low down payment. \u201cThe low interest rate helped us realize our dreams,\u201d Wright says with a smile.<\/p>\n

Wright worked with Rummelein<\/a>, Senior Vice President of Business Development at TMC Financing. When the details of the financing package started to come together, she soon realized the SBA 504 loan would exceed her expectations.<\/p>\n

\u201cEverything was so streamlined. It was hassle-free, it was not at all time-consuming, it wasn\u2019t stressful. Anna, Wendy [Guan, Business Development Associate]<\/a>, and the TMC team made it very easy, and they were very open to answering any questions or concerns we had.\u201d<\/p>\n

For her part, Anna Rummelein agrees. \u201cTime and again, we\u2019ve seen that SBA 504 is a great fit for small and mid-sized companies in the wine industry. Renteria has more space and increased stability, and I\u2019m looking forward to seeing what they do next.\u201d<\/p><\/blockquote>\n

Further real estate purchases may well be in the future for Renteria, Wright says. \u201cIt\u2019s always good to diversify your investments in real estate. Now that we\u2019ve secured the building, we\u2019re already maximizing every square foot of it.\u201d<\/p>\n

Contact TMC Financing today to find out more or get started with the SBA 504 loan program.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Renteria Vineyard Management \u2018Owns a Building they Love\u2019 with only 10 percent down payment Experts estimate the global wine market will reach a size of $825 billion by 2030 \u2013…<\/p>","protected":false},"author":12,"featured_media":21530,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[179,194,6,181],"tags":[8777,8410,8778,337,8000],"class_list":["post-21529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-napa","category-north-bay","category-success-stories","category-wine","tag-anna-rummelein","tag-building-purchase","tag-low-down-payment","tag-sba-504","tag-winery"],"acf":{"related_posts":[{"post":false}]},"yoast_head":"\nLongtime Leasee Purchases Building with SBA 504 Loan<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tmcfinancing.com\/es\/renteria-vineyard-management\/\" \/>\n<meta property=\"og:locale\" content=\"es_MX\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Longtime Leasee Purchases Building with SBA 504 Loan administered by TMC Financing\" \/>\n<meta property=\"og:description\" content=\"Renteria Vineyard Management \u2018Owns a Building they Love\u2019 with only 10 percent down payment Experts estimate the global wine market will reach a size of $825 billion by 2030 \u2013...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tmcfinancing.com\/es\/renteria-vineyard-management\/\" \/>\n<meta property=\"og:site_name\" content=\"TMC Financing\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/TMC-Financing\/285163574849957\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-07T15:50:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2023\/02\/vcpz21c5fcuycu5t05fu.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Lindsey Paley\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TMCFinance\" \/>\n<meta name=\"twitter:site\" content=\"@TMCFinance\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lindsey Paley\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutos\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Longtime Leasee Purchases Building with SBA 504 Loan","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.tmcfinancing.com\/es\/renteria-vineyard-management\/","og_locale":"es_MX","og_type":"article","og_title":"Longtime Leasee Purchases Building with SBA 504 Loan administered by TMC Financing","og_description":"Renteria Vineyard Management \u2018Owns a Building they Love\u2019 with only 10 percent down payment Experts estimate the global wine market will reach a size of $825 billion by 2030 \u2013...","og_url":"https:\/\/www.tmcfinancing.com\/es\/renteria-vineyard-management\/","og_site_name":"TMC Financing","article_publisher":"http:\/\/www.facebook.com\/pages\/TMC-Financing\/285163574849957","article_published_time":"2023-02-07T15:50:34+00:00","og_image":[{"width":640,"height":480,"url":"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2023\/02\/vcpz21c5fcuycu5t05fu.webp","type":"image\/webp"}],"author":"Lindsey Paley","twitter_card":"summary_large_image","twitter_creator":"@TMCFinance","twitter_site":"@TMCFinance","twitter_misc":{"Escrito por":"Lindsey Paley","Tiempo de lectura":"3 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/#article","isPartOf":{"@id":"https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/"},"author":{"name":"Lindsey Paley","@id":"https:\/\/www.tmcfinancing.com\/#\/schema\/person\/0f5dc5153388a23294e0271ad6e20d79"},"headline":"Longtime Leasee Purchases Building with SBA 504 Loan administered by TMC Financing","datePublished":"2023-02-07T15:50:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/"},"wordCount":558,"publisher":{"@id":"https:\/\/www.tmcfinancing.com\/#organization"},"image":{"@id":"https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/#primaryimage"},"thumbnailUrl":"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2023\/02\/vcpz21c5fcuycu5t05fu.webp","keywords":["anna rummelein","building purchase","low down payment","SBA 504","winery"],"articleSection":["Napa","North Bay","Success Stories","Wine \/ Craft Industry"],"inLanguage":"es"},{"@type":"WebPage","@id":"https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/","url":"https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/","name":"Longtime Leasee Purchases Building with SBA 504 Loan","isPartOf":{"@id":"https:\/\/www.tmcfinancing.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/#primaryimage"},"image":{"@id":"https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/#primaryimage"},"thumbnailUrl":"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2023\/02\/vcpz21c5fcuycu5t05fu.webp","datePublished":"2023-02-07T15:50:34+00:00","breadcrumb":{"@id":"https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/#breadcrumb"},"inLanguage":"es","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/"]}]},{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/#primaryimage","url":"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2023\/02\/vcpz21c5fcuycu5t05fu.webp","contentUrl":"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2023\/02\/vcpz21c5fcuycu5t05fu.webp","width":640,"height":480},{"@type":"BreadcrumbList","@id":"https:\/\/www.tmcfinancing.com\/renteria-vineyard-management\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.tmcfinancing.com\/"},{"@type":"ListItem","position":2,"name":"Location","item":"https:\/\/www.tmcfinancing.com\/es\/category\/location\/"},{"@type":"ListItem","position":3,"name":"Northern California","item":"https:\/\/www.tmcfinancing.com\/es\/category\/location\/northern-california\/"},{"@type":"ListItem","position":4,"name":"North Bay","item":"https:\/\/www.tmcfinancing.com\/es\/category\/location\/northern-california\/north-bay\/"},{"@type":"ListItem","position":5,"name":"Longtime Leasee Purchases Building with SBA 504 Loan administered by TMC Financing"}]},{"@type":"WebSite","@id":"https:\/\/www.tmcfinancing.com\/#website","url":"https:\/\/www.tmcfinancing.com\/","name":"Financiamiento TMC","description":"Prestamista No. 1 de la SBA 504 en la naci\u00f3n","publisher":{"@id":"https:\/\/www.tmcfinancing.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.tmcfinancing.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es"},{"@type":"Organization","@id":"https:\/\/www.tmcfinancing.com\/#organization","name":"TMC Financing, Inc.","url":"https:\/\/www.tmcfinancing.com\/","logo":{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/www.tmcfinancing.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2015\/08\/logo.png","contentUrl":"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2015\/08\/logo.png","width":130,"height":133,"caption":"TMC Financing, Inc."},"image":{"@id":"https:\/\/www.tmcfinancing.com\/#\/schema\/logo\/image\/"},"sameAs":["http:\/\/www.facebook.com\/pages\/TMC-Financing\/285163574849957","https:\/\/x.com\/TMCFinance","http:\/\/www.linkedin.com\/company\/57173","http:\/\/www.youtube.com\/user\/tmcfinancingTV"]},{"@type":"Person","@id":"https:\/\/www.tmcfinancing.com\/#\/schema\/person\/0f5dc5153388a23294e0271ad6e20d79","name":"Lindsey Paley","url":"https:\/\/www.tmcfinancing.com\/es\/author\/lindsey\/"}]}},"_links":{"self":[{"href":"https:\/\/www.tmcfinancing.com\/es\/wp-json\/wp\/v2\/posts\/21529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tmcfinancing.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tmcfinancing.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tmcfinancing.com\/es\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tmcfinancing.com\/es\/wp-json\/wp\/v2\/comments?post=21529"}],"version-history":[{"count":0,"href":"https:\/\/www.tmcfinancing.com\/es\/wp-json\/wp\/v2\/posts\/21529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tmcfinancing.com\/es\/wp-json\/wp\/v2\/media\/21530"}],"wp:attachment":[{"href":"https:\/\/www.tmcfinancing.com\/es\/wp-json\/wp\/v2\/media?parent=21529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tmcfinancing.com\/es\/wp-json\/wp\/v2\/categories?post=21529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tmcfinancing.com\/es\/wp-json\/wp\/v2\/tags?post=21529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}