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 the country, and we are excited to be one of the leading lenders in the space providing financing with our SBA 504 and our Conventional Loans.

We are excited to share that we will have a BIG ANNOUNCEMENT COMING next week that will absolutely help you and those you know continue to grow this year and into the future! Stay tuned…

Call or email me regarding your CRE lending needs no matter your business. We expect to be approving and closing loans no matter what else goes on.

We’re still closing shutdown loans!

The SBA backlog continues. Don’t lose your deal because your lender can’t close.

This $2.1 million deal in Huntington Beach, CA, is a perfect example. We closed the interim second of this SBA 504 project for another lender (household name) even though it wasn’t yet approved and authorized by the SBA due to the shutdown. Congratulations to our client and our CDC referral partner!

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