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SOS Property Restoration,<\/a> a Las Vegas small business owned by Nebeu Kefale, proudly announces the successful purchase of its new location at 4141 Wagon Trail Avenue. This significant milestone was made possible through the Programa 504 de la Administraci\u00f3n de Peque\u00f1as Empresas (SBA)<\/a>, which allowed Kefale to acquire the $1.987 million property with 90 percent financing and secure a fixed, below-market interest rate.<\/p>\n This strategic transition from leasing to owning provides the company with increased autonomy and a solid foundation for future expansion.<\/p>\n The SBA 504 Program, a critical initiative to support small businesses, played a pivotal role in this acquisition. Chris Hunter<\/a>, SVP of Business Development at Financiamiento TMC<\/a>, facilitated the deal.<\/p>\n Gaining Stability with the SBA 504 Program<\/strong><\/p>\n “The SBA 504 Program<\/a> provides entrepreneurs like Mr. Kefale the opportunity to purchase real estate with minimal down payments and a 25-year below market rate, giving them stability and control,\u201d states Hunter.<\/p>\n SOS Property Restoration<\/a> now comfortably operates out of their newly acquired 6,060 SF industrial property.<\/p>\n “It feels amazing to own our operating location,\u201d expresses Kefale. \u201cI started out in my garage, then leased a space that we quickly outgrew, and now with building ownership, I am investing in my company\u2019s future rather than paying someone else\u2019s mortgage.<\/p>\n \u201cWith leasing, you never know when you can get kicked out of your space. Now, I have a sense of security.\u201d<\/p>\n The SBA 504 program\u2019s low down payment seals the deal<\/strong><\/p>\n Con el Pr\u00e9stamo SBA 504<\/a>, the down payment requirement is significantly lower compared to conventional financing options, making it an attractive choice for small business owners. Borrowers contribute as little as 10 percent of the total project cost as a down payment. This reduced upfront capital commitment allows entrepreneurs to preserve their cash flow and invest in other critical aspects of their business.<\/p>\n Con TMC\u2019s<\/a> help, Kefale also found a bank to partner with on the loan, as Pr\u00e9stamos SBA 504<\/a> include the owner\u2019s down payment (10% for most deals), 50% from the partnering bank and the remaining 40% financed through Financiamiento TMC<\/a>.<\/p>\n According to Kefale, the low down payment is what attracted him most to the program. \u201cEven though I had the money for a 20 percent down payment, I wanted to keep more cash for the business,\u201d explains Kefale. \u201cI wanted to keep a healthy cash flow and maintain room for new business ventures.\u201d<\/p>\n New Avenues for Growth<\/strong><\/p>\n With space to grow in his new building, Kefale can explore new avenues for business growth.<\/p>\n \u201cWithin the next year, I\u2019ll be adding a wholesale element to the business,\u201d states Kefale. \u201cI never would have been able to grow the business this way in our leased location.\u201d<\/p>\n New Chapter Following the SBA 504 Loan<\/strong><\/p>\n Switching from leasing to owning signifies a new chapter for SOS Property Restoration. It grants them the space and security needed to expand their services, enhance customer offerings, and further establish their presence in the Las Vegas market.<\/p>\n \u201cHaving complete control over our premises enables me to focus on long-term growth and provides a solid foundation for further success,” concludes Kefale.<\/p>\n If your business is located in Financiamiento de TMC<\/a> service area of California, Arizona, Nevada, and Oregon, contact us to find out more and to get started with the SBA 504 loan program. And if your business is located outside of our service area, try the SBA\u2019s Lender Match tool to find a qualified certified development company (CDC) lending partner near you.<\/p>\n Acerca de la financiaci\u00f3n de TMC<\/strong><\/p>\n Founded in 1981, Financiamiento TMC<\/a> is the leading provider of SBA 504 commercial real estate loans in the nation, funding projects worth over $12 billion across Arizona, California, Nevada, and Oregon. Over 6,000 businesses have benefited from this financing, resulting in the creation of an estimated 60,000 jobs. Contact us today to learn more.<\/a><\/p>","protected":false},"excerpt":{"rendered":" SOS Property Restoration, a Las Vegas small business owned by Nebeu Kefale, proudly announces the successful purchase of its new location at 4141 Wagon Trail Avenue. This significant milestone was…<\/p>","protected":false},"author":12,"featured_media":22261,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[96,223,176],"tags":[386,421,356,8482,397,392,320,337,8654,369,378],"class_list":["post-22259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","category-location","category-nevada","tag-cre","tag-finance","tag-las-vegas","tag-lending","tag-loan","tag-nevada","tag-sba","tag-sba-504","tag-small-biz","tag-small-business","tag-small-business-loan"],"acf":{"related_posts":false},"yoast_head":"\n![\"SOS](\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2023\/08\/TeamPhoto-1-1024x338.jpg\")
SOS Property Restoration restores homes and businesses to their original or better condition after a disaster has stricken. They handle water damage, fire damage, mold, trauma and bio clean ups just to name a few.<\/p>\n