Fountainhead Closes Loan for Site Solutions of Central Florida

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closed with an sba 504 loan

Fountainhead Commercial Capital Closes Loan for Site Solutions of Central Florida; Woman-Owned Construction Company Purchases Orlando Building for $515,000 Fountainhead Commercial Capital closed its first loan earlier this month, financing the purchase of a 5,000-sf building and lot for Orlando construction company Site Solutions of Central Florida. The woman-owned company took advantage of low interest rates and favorable terms offered by Fountainhead and the SBA 504 Loan program, which provides financing for the purchase of fixed assets, such as real estate, buildings and machinery. “Though we operate nationwide, we are proud that our first loan closing involved a fine company … Read More

Why Being a Specialist is Most Beneficial for You…

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Over the years, my thinking regarding “experts” has evolved. I once believed that becoming an expert was a worthy goal and hiring an expert was a smart business decision. Not anymore. As someone famously once said, “An expert is someone who can tell you exactly how something can’t be done.” But as we both know, doing the impossible is how progress happens. Don’t give me a “No,” try to help me get to a “Yes.” Every breakthrough, every accomplished dream, and every achieved milestone was just an impossibility the day before it happened. Progress doesn’t come from the naysayers, it … Read More

Home Sweet Home

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Sba 504 Refi

After a couple of weeks of traveling, the Fountainhead Team is happy to be home and excited about pursuing new opportunities and relationships developed during recent travels. Knowing that being involved in our trade organizations is always beneficial to our Company, we recently attended the NAGGL Conference in San Antonio and most recently, the NADCO Summit is Washington, D.C. We exhibited at both conferences so it was a great opportunity to not just see old friends and colleagues, but also to meet many new ones as well. Washington, D.C. was especially interesting as we lobbied for support of the SBA … Read More

Wall of Loan Maturities to Challenge Small Business Owners

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If you haven’t yet heard about the “Wall of Maturities” in the commercial mortgage market, you will soon. Between now and 2017, more than $300 billion in commercial real estate loans will mature and need to be refinanced. This represents more than 2.5 times the amount that matured from 2012 – 2014. It’s significant because while the overall economy has improved, traditional commercial lenders have continued to hold tight reins on lending requirements. These commercial loans coming due were originated before the real estate bust and Great Recession. When I first heard about the Wall of Maturities, I thought this … Read More

Safety may save the day, but it never WINS the day…

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Create Wealth with SBA 504 Loan

The above phrase is one of the key takeaways in an article I read last week about one of my favorite restaurateurs, Danny Meyer. You might recognize his name as the founder of Shake Shack, which seems to be taking the country by storm these days, since its recent IPO. While that burger-joint has appeared in many movies (and made me stand in plenty of lines previously), his other restaurants (like Gramercy Tavern, Blue Smoke and Union Square Café) are some of my personal favorites. Danny’s restaurants regularly make the New York City “Best” lists, and it’s been my pleasure … Read More