Fountainhead Closes $5.5 Million Hotel Project in Jacksonville, FL

sba 504 loan

Across the nation the Hospitality industry is healthy with strong acquisition and ground-up construction opportunities all around. In fact, we are currently processing several hotel loans and expect to close at least four of these (totaling over $19 million) in the next 45 days for flagged properties in Illinois, Ohio … Read More

Can you finance heavy equipment with an SBA 504 loan?

SBA 504 loans are primarily used for financing commercial real estate. However, the program does allow, for the acquisition of heavy equipment with a useful life exceeding 10 years. In fact, we’ve just closed such a loan. Fountainhead is proud to announce its most recent closing, a $1.3 million loan … Read More