Who can benefit most from the SBA 504 loan?

The people who benefit the most from SBA 504 loans are small businesses all the way up to mid-sized companies. We’ve recently closed a loan for a $100 million general contracting company–so we go from that extreme, all the way down to a franchise startup. A lot of our clients … Read More

What to Look out for When Getting Financing from Your Bank

Every day, business owners wake up at 4:00 or 5:00 a.m. They have a lease payment due on their commercial facility later that day and they finally have that lightbulb moment and say maybe I should convert this lease payment into a mortgage payment. Maybe they make a phone call … Read More

What Fountainhead Will and Won’t Finance

I get calls and emails all day long from commercial mortgage brokers, which I’m very, very grateful for; however, I want to try and explain very simply what we will finance and what we won’t finance. We have two loan products–the SBA 504 loan and our low LTV conventional loan. … Read More

The Number One Mistake People Make

So the number one mistake I hear quite regularly when people are convinced they want to own commercial real estate for their business is they immediately rush out, well–frankly, they go online and start looking at space in their city in their square footage requirements, what have you, or they … Read More

Should I Buy or Lease an Office Building?

So, I get this question a lot: Should I buy or lease? I have often told people when they’re starting out, it’s kinda funny. Someone will hear me speak somewhere or they’ll read a quote of mine in some media publication somewhere and they’re so excited and they want to … Read More

What is a SBA 504 loan?

So, what’s a SBA 504 loan? I get this question a lot, as you can imagine. It’s a commercial loan product that’s typically 90 percent loan-to-cost financing. What I mean is we take the purchase price of the property, any soft cost and any renovations and put it together. Whatever … Read More

What types of businesses has the SBA 504 loan helped?

We’ve financed a lot of different businesses with the SBA 504 Loan. In the past, we’ve financed a lot of multipurpose properties. These are things like free-standing office buildings, industrial warehouses and commercial condos. We’ll even do freestanding franchise restaurants and daycares. We truly do a variety of different things. … Read More

Who’s the best candidate for the SBA 504 loan?

The best candidate for the SBA 504 loan is a for-profit, privately held business. It’s a product meant for business owners to create wealth through the ownership of commercial real estate. You can also finance heavy equipment through the SBA 504 loan. Businesses with less than $15 million of tangible … Read More