Christine Sheffield, founder and owner of Platinum Container, had been leasing space for her business for over 15 years. After searching for five years, she finally found and acquired her dream building with the help of the SBA 504 Program.
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A balloon mortgage can be structured with a variety of terms and maturities, however what they all have in common is the large lump sum due at the end of…
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Walker obtained financing through the SBA 504 Program to purchase a 3,150 square foot mixed used condo located at 3450 3rd Street in San Francisco. The 504 loan allowed Walker to acquire the condo with only a 10 percent down payment and a below-market, fixed 20-year rate. UpCycle occupies about 55 percent of the building, allowing Walker to rent out the remaining space and gain additional monthly cash flow.
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What do you need to apply for an SBA 504 Loan? SBA (Small Business Administration) Loans are wonderful for small businesses looking to expand. The loans feature favorable terms, such…
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With close to 40 years in the industry, TMC Financing has been asked this question over and over: How much can I get with an SBA Loan? Well, the answer is not so black and white.
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Unpredictable or rising occupancy costs can be a huge detriment to a small business and can often stump their growth. Purchasing a building instead of leasing is an incredible option for small business owners interested in growing their business and avoiding rising rents.
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One of the biggest roadblocks to starting or expanding your own business is obtaining capital. This is a tough roadblock for anyone but can be particularly tough for veterans.
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Construction is one of the largest industries that utilize heavy equipment on a daily basis. New projects for 2018 are projected to be up 4.8% from last year, increasing collective…
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