Here’s some entrepreneur inspiration

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We all know that small business is the backbone of our country. 2016 Census data shows that 98% of US businesses have less than 20 workers. No matter the size business, I’m a raving fan of entrepreneurs and business owners. That’s who Fountainhead exists to serve. I was honored to speak with John Siracusa for his “Bank on It” podcast back in November and talk about my entrepreneurial journey and the birth of Fountainhead (he’s a bit backed-up on releasing these great podcasts – too much great content; not enough days). I hope this podcast will inspire you toward your … Read More

Deny the drama and partner with Fountainhead.

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Media has run the full spectrum recently from high profile arrests to politics to entertainment awards… all of it very dramatic. Who of us needs more drama? That’s why we’re committed to a logical, efficient and service-driven approach in financing your business needs. I know the process of accessing capital and closing deals can be daunting, but we’re here to change that. Every person and company with whom we work has a dedicated point of contact backed up by the entire Fountainhead team. We are able to give two hour approvals for all our loan products: SBA 7(a), SBA 504 … Read More

Franchising may be your best business opportunity

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In 2018, franchised businesses in the US accounted for 8.2M jobs and over $450B in GDP. And that’s just inside franchises. GDP because of franchises is more than double that. Whether you’re up for a Dunkin Donuts, General Nutrition Centers, Zaxby’s or Meineke, franchising is a great business opportunity for most entrepreneurs. Our newly-announced Fountainhead 7(a) loan program can provide the financing to acquire and equip franchised businesses. That could include working capital, leasehold improvements and FF&E. If you or someone you serve is considering a franchise, a Fountainhead 7(a) is the smartest financing in the marketplace. Check out the … Read More

Business lending will never be the same.

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Fountainhead is now offering SBA 7(a) loans in order to meet the needs of more owners of small to mid-sized businesses. We can now provide financing for: business acquisitions; working capital; partner buyouts; leasehold improvements; furniture, fixtures & equipment; startup working capital; and so on. Check out the press release here. A Fountainhead 7(a) Loan is often the most affordable solution for a business owner with lower-than-market interest rates, longer repayment terms and high advance rates. We’ve designed it for financing in the $200,000 to $5 million range. If this lending opportunity would meet a need in your business, or … Read More

Step out and grow!

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What a week. An uneventful Superbowl, the State of the Union address and almost more political craziness than we can handle. Through it all, you can count on me as an advocate for business owners and fuel for the engine that runs our country’s economy – small businesses. Here’s an example of why we do it: We were honored to provide 80% loan-to-cost financing for this tremendous new project and help the developers in growing their portfolio. This is a ground-up construction, $15.2 million Best Western Vib hotel directly across I-4 from Universal Orlando Resort. Hospitality development is thriving across … Read More

The morning after… State of Small Business.

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No matter your politics, it’s exciting to see small businesses expanding, creating jobs and energizing the economy. 304,000 jobs were created in January and annual economic growth is set to pass 3% for the first time in almost a decade and a half. The Wells Fargo/Gallup Small Business Index was at an all-time high in 4Q18 for the 15 years of its existence. Fountainhead is excited to be a part of this by working with you to provide SBA 504 financing for small business owners. Together, we’re helping their companies grow and creating personal wealth for them. And we’ll pay … Read More

We can still close your deal!

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As Washington races to find an agreement on border security by February 15, the SBA is wading through the 35 day backlog of loan approvals. That’s why Fountainhead will continue with our unauthorized, interim solutions to save deals in jeopardy. Here’s a quick read of an article posted on Ecommerce Daily News. I had opportunity to explain what can actually be done to close a deal during this catch-up period. Fountainhead will continue to close even unauthorized SBA 504 loans and save business owners from losing hard deposits and real estate opportunities. We are a non-bank, direct and national commercial … Read More

The shutdown impact lingers for your clients

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The shutdown was a 35-day roller coaster for business owners trying to buy commercial real estate. It’s likely some of your clients were caught up in that. We’ve never worked so hard in January but were excited to put in those hours and help save deals for our referral partners’ clients. American Banker asked me to weigh in on the shutdown and resulting backlog of SBA loan applications. This is a quick read of the article as posted on Ecommerce Daily News. It explains what can actually be done to keep deals from going off the cliff. Even though the … Read More

Do these 3 things to save your deal.

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I was honored to have business.com ask me to offer solutions regarding the shutdown and how small businesses in the middle of a real estate transaction can save their deals and continue to grow their companies. Moody’s Analytics says over $2 billion in SBA funding has been delayed by the shutdown. If that’s you, here’s my best advice: Delay as much as you can. Put more “skin in the game.” Look for interim financing from another source (such as us – we’ve even been doing this for household-name banks). Click here to read the entire article. We’ve never closed so … Read More

GRIT beats Shutdown.

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We’re three weeks into 2019, and I’m sure your goal setting has resulted in some changed work habits. The shutdown has certainly changed our workflow, as we’ve ramped up to help CDC’s save deals caught in the craziness. We’re Still Closing Deals We’re even closing unauthorized SBA 504 loans for other lenders – either the interim second lien loan or both the first lien loan AND the interim second lien loan. I know of no other commercial lender who’s stepping up to do likewise. Call/email me today, like so many other CDC’s we’ve heard from, if you have a deal … Read More