Los Angeles Marketing Firm Maximizes Use of SBA 504 Refinance Program
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The Pace Group, an LA based marketing firm, refinances with multiple 504 loans to save capital and excess cash trapped in equity.
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The Pace Group, an LA based marketing firm, refinances with multiple 504 loans to save capital and excess cash trapped in equity.
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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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TMC Financing helped Cleveland O’Neal III, owner of Connection III purchase a $1.22 million building in a commercial multi-use loft complex in Los Angeles. By utilizing the SBA 504 Program, O’Neal was able to purchase the property with only a 10 percent down payment and cut his monthly occupancy costs by 50%.
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Being a Certified Public Accountant, Cochrane always knew that owning a building for her business was the most financially sound decision.
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A Las Vegas Law Firm faces tremendous growth and finds the Small-Business Financing it needs to expand in the 504 Loan Program offered by TMC Financing.
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Silver State Analytical Labs saw an opportunity in Northern California to expand its services; and with the help of the SBA 504 Loan Program and TMC Financing, Silver State saw their expansion dreams become a reality.
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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.
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See how TMC’s SBA 504 loan program helped these business owners control occupancy costs.
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Electric vehicle charging stations, energy-efficient lighting and water conservation measures helped the Robert T. Eglet Advocacy Center in Las Vegas qualify for $5.5 million in SBA 504 financing. “A conventional loan would have meant 20 percent or more out-of-pocket from our working cash,” Eglet said. “With TMC, we don’t have as much risk.”
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