{"id":8315,"date":"2018-02-06T09:51:30","date_gmt":"2018-02-06T17:51:30","guid":{"rendered":"https:\/\/www.tmcfinancing.com\/?p=8315"},"modified":"2021-05-10T20:30:01","modified_gmt":"2021-05-11T03:30:01","slug":"sba-504-financing-fsb-core-strategies-sacramento-ca","status":"publish","type":"post","link":"https:\/\/www.tmcfinancing.com\/es\/sba-504-financing-fsb-core-strategies-sacramento-ca\/","title":{"rendered":"FSB Core Strategies utiliza el pr\u00e9stamo 504 de la SBA para comprar un edificio hist\u00f3rico de oficinas"},"content":{"rendered":"

Local PR Firm <\/strong>buys 130-Year-Old Historic Property in Downtown Sacramento<\/strong><\/p>\n

FSB Core Strategies<\/a>\u00a0purchased the historic property located at 1800 J Street in Downtown Sacramento to serve as a new home for their business. The property is perfect for this tight knit firm \u2013 giving them an added family-feel to their operations.\u00a0\"\"<\/a><\/p>\n

Cherri Spriggs Hernandez, Executive Vice President and Chief Marketing Officer, is enthusiastic over the move. \u201cMoving into our own building has been so incredibly exciting! Since our building is nearly a 150-year-old Victorian, it really changed our office culture quickly \u2013 and for the better! We always say we\u2019re the most family business you\u2019ll find, but none of\u00a0us are actually family. Now we have a \u2018house\u2019 for our family!\u201d<\/p>\n

Founded in 2002, FSB Core Strategies is a public affairs, public relations and political consulting firm that has received many awards and accolades over the years for their impactful work. The firm is owned and operated by President and CEO, Jeff Flint, and Principals Cherri Spriggs Hernandez and Kristy Babb. The firm\u2019s expertise expands from strategic council to research to website development and has been instrumental in many local political campaigns throughout the years.<\/p>\n

This small business\u2019 new home also has a history in politics. The 3,963 square foot historic Victorian building was built in 1887 and was originally the home of the Wittenbrock family, a family that was prominent in early California politics. In 1962, the home changed hands and became the headquarters for Senator Thomas Kuchel\u2019s reelection campaign. The building is one of the last Victorian homes converted into office space on a commercial corridor in midtown Sacramento.<\/p>\n

\u201cThe SBA [Small Business Administration] 504 Loan Program allowed this small business to go from leasing to owning with only a 10 percent down payment,\u201d says TMC\u2019s Senior Vice President of Business Development, Jim Azevedo<\/a>. \u201cIt\u2019s always so great to see a small business make this transition that will be so beneficial to them down the road.\u201d<\/p>\n

Moving into their building is the start of a new chapter for the business. \u201cWe have so much pride in our new building that each and every project we take on has even more meaning because we know we\u2019ve made this investment. We\u2019d like to purchase a building for our southern California office next,\u201d <\/strong>said Spriggs Hernandez.<\/p>\n

The 504 Loan Program<\/strong><\/p>\n

The 504 loan provides quality financing to small business owners for the purchase of fixed assets like commercial real estate and equipment. The SBA created the loan program to promote prosperity amongst small business in the United States and encourage job growth.\"\"<\/p>\n

The borrower injects a small down payment starting at 10 percent, a conventional lender provides the first mortgage, and the SBA provides the second mortgage up to 40 percent of the total project cost. Conventional lenders are incentivized to participate in the program as they can finance only 50 percent of the project and remain in first lien position.<\/p>\n

To show its support of all US veterans, the SBA incorporated an additional incentive into the SBA 504 Loan Program for veteran small business owners. The VetLoan Advantage Program<\/a> offers a $3,000 cash rebate at the time of funding to offset the costs of appraisals, environmental reports and other loan expenses to veterans who own 51% or more of the business. FSB Core Strategies was eligible to participate in this program and it is considered by many to be an added benefit to an already very attractive loan program.<\/p>\n

TMC Financing<\/a>\u00a0has over 35 years of experience providing 504 loans to small businesses and is a Premier Certified Lender with the SBA. TMC works with you to obtain best loan package possible in the shortest amount of time. A TMC 504 loan expert can answer all your questions and discuss your financing options.\u00a0Contact TMC<\/a>\u00a0today to get started.<\/p>\n","protected":false},"excerpt":{"rendered":"

La firma local de relaciones p\u00fablicas, FSB Core Strategies, compr\u00f3 una propiedad hist\u00f3rica en el centro de Sacramento con un pr\u00e9stamo 504. La empresa es una firma de consultor\u00eda en asuntos p\u00fablicos, relaciones y pol\u00edtica. Su nueva ubicaci\u00f3n tambi\u00e9n tiene antecedentes pol\u00edticos.<\/p>","protected":false},"author":12,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[223,25,192,159,106,6,89],"tags":[334,366,365,337,364],"class_list":["post-8315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-location","category-news-updates","category-northern-california","category-services","category-sacramento","category-success-stories","category-tmc","tag-california","tag-fsb-core-strategies","tag-sacramento","tag-sba-504","tag-sba-financing"],"acf":{"related_posts":null},"yoast_head":"\nFSB Core Strategies Utilizes SBA 504 Loan to Purchase Historic Office Building | TMC Financing<\/title>\n<meta name=\"description\" content=\"Local PR firm, FSB Core Strategies, purchased a historic property in Downtown Sacramento with a 504 loan. The business is a public affairs, relations and political consulting firm. Their new location has a political background as well.\" \/>\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\/sba-504-financing-fsb-core-strategies-sacramento-ca\/\" \/>\n<meta property=\"og:locale\" content=\"es_MX\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FSB Core Strategies Utilizes SBA 504 Loan to Purchase Historic Office Building\" \/>\n<meta property=\"og:description\" content=\"Local PR firm, FSB Core Strategies, purchased a historic property in Downtown Sacramento with a 504 loan. The business is a public affairs, relations and political consulting firm. Their new location has a political background as well.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tmcfinancing.com\/es\/sba-504-financing-fsb-core-strategies-sacramento-ca\/\" \/>\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=\"2018-02-06T17:51:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-11T03:30:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2018\/02\/1800-J-St_Panoramic_K1A2170-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1707\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\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":"FSB Core Strategies Utilizes SBA 504 Loan to Purchase Historic Office Building | TMC Financing","description":"La firma local de relaciones p\u00fablicas, FSB Core Strategies, compr\u00f3 una propiedad hist\u00f3rica en el centro de Sacramento con un pr\u00e9stamo 504. 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