Let’s create success for your clients together

Fountainhead 504For CDCs, For Real Estate BrokersLeave a Comment

A recent survey of several thousand small businesses owners showed that their number one challenge was capital! I’m sure you know that to be the case with many of your clients. I want to support you at every opportunity possible, which is why we’ve added the Fountainhead 7(a) program to our longstanding offerings of Fountainhead 504 and Conventional Loans. Remember these two key components for ALL our loans. Pronto – our proprietary AI software that can approve your clients for any of our loans in under two hours. FastTrack – our referral program which pays a referral fee up to … Read More

Fountainhead Commercial Capital to Offer SBA 7(a) Small Business Loans

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SBA recently approved acquisition of license from American Business Lending, Inc. Fountainhead Commercial Capital today announced the non-bank finance company will begin offering U.S. Small Business Administration (SBA) 7(a) Program loans to small businesses throughout the United States. Fountainhead’s acquisition of a Small Business Lending Company (SBLC) 7(a) Loan Program license from American Business Lending, Inc. recently received final approval from SBA. Only fourteen of these licenses were created by SBA beginning in the mid-1970s, and Fountainhead holds one of the few in the Southeast. Best known for leadership in the SBA 504 Loan Program, Fountainhead will now expand its mandate … Read More

Meet the newest member of our family

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Happy Valentine’s Day. The Fountainhead family just got bigger. No weddings or surprise babies, but we have added a new lending opportunity for small businesses by now offering SBA 7(a) loans. Our relationship will remain centered on the SBA 504 program, but I wanted you to know we are more committed than ever to equipping small businesses for growth. Congrats to our CDC Referral PartnerThis is one of our “shutdown” closings – a $2.1 million deal in Huntington Beach, California, done with our partner, TMC Financing. Fountainhead closed the interim second of this SBA 504 project for another lender (household … Read More

Business lending will never be the same.

Fountainhead 504In The News, Newsletter, SBA 7(a)Leave a Comment

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!

Fountainhead 504NewsletterLeave a Comment

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!

Fountainhead 504NewsletterLeave a Comment

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

Fountainhead 504In The News, Newsletter, SBA 504 BlogLeave a Comment

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.

Fountainhead 504Newsletter, SBA 504 BlogLeave a Comment

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.

Fountainhead 504For CDCs, NewsletterLeave a Comment

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