TMC Financing Selects SBA 504 Expert Rodney K. Kojima to Head Southern California Team
As Published in: Yahoo Finance
Former SVP of Resource Capital’s Experience Includes Nearly 20 Years of SBA & 504 Lending
TMC Financing (www.tmcfinancing.com), a leading Certified Development Company (CDC) providing SBA 504 commercial real estate financing in California and Nevada, today announced that it hired Rodney K. Kojima, a former Senior Vice President of Resource Capital, as the head of its Los Angeles operations.
“This is a very exciting move for me. TMC’s record of success in SBA 504 lending in Southern California provides an ideal foundation for growth to support more job-creating small businesses,” said Rodney Kojima, Senior Vice President, Business Development, TMC Financing. “TMC has an incredible reputation in the 504 industry, and I look forward to growing their presence in the region.”
TMC provides access to the SBA’s 504 Loan Program, which provides growing small- and medium-sized businesses with long-term, below-market, fixed-rate financing with only 10% borrower down-payment required. Loan proceeds can be used to purchase, construct, or renovate buildings and other fixed assets to expand or modernize the business. Financing is also available for businesses that want to go green.
“We have always felt that Los Angeles and Southern California are underserved in terms of SBA 504 lending, and we are pleased that someone with Rodney’s vast experience and strong industry relationships has agreed to join the TMC team,” said Barbara Morrison, TMC’s President and CEO. “Rodney is a significant leader whose experience over the years in banking, SBA 504 lending, and business development has contributed to the growth of the small business sector in Los Angeles.”
Mr. Kojima was a Senior Vice President and Regional Manager with Resource Capital from 2004-2012, where he was responsible for 504 loan production for the LA region. Before that, he held commercial real estate financing and SBA lending-related positions for several leading banks, including Banco Popular, North America; Washington Mutual; BofA; California Bank & Trust; and Wells Fargo.
A native of Los Angeles, Mr. Kojima began his career as a Staff Accountant for Los Angeles-based Kojma, Oka & Company, a certified public accounting firm, where he was responsible for account management and preparing financial statements and tax returns for small business clients. He graduated from the University of Southern California.
During the past 30 years, TMC has provided approximately $6.4 billion in financing for more than 3,900 businesses throughout California and Nevada. This financing has resulted in the creation of 27,000 jobs. TMC has been ranked in the top five Certified Development Companies nationwide for over a decade, and is the number one SBA 504 Lender in Northern California and Las Vegas. TMC’s experienced staff works directly with borrowers, first mortgage lenders and real estate brokers to tailor financing packages that meet SBA program guidelines and the borrower’s credit capacity. For more information, visit http://www.tmcfinancing.com or http://www.sba.gov.