Castle Rock Construction, a Las Vegas-based construction firm, has purchased a new building at 4865 Nevso Avenue in southwest Las Vegas. The 3,646-square-foot building on a 7,800-square-foot site was purchased with an SBA 504 loan from TMC Financing and a conventional loan through Bank of America. TMC Financing provided $206,000 of the project’s $500,000 total cost. Castle … [Read more...] about TMC Financing Provides SBA 504 Loan to Castle Rock Construction
Ann Santiago
Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Volunteers in Medicine of Southern Nevada Hosts Groundbreaking Event for Clinic in Downtown Las Vegas Groundbreaking ceremony for VMSN’s new downtown Las Vegas clinic. Members of the community are invited to attend and receive information about the project. [Read more...] Wells Fargo Invests in Southern Nevada through Las Vegas Global Economic Alliance's 'Engage Southern … [Read more...] about Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Several SBA Loan Requirements Eliminated
The U.S. Small Business Administration made significant changes in qualification for SBA 504 loans. The changes include elimination of "the personal resource test" and "the nine-month rule". These modifications mean businesses will have an easier time qualifying for SBA loans, according to a recent statement by TMC Financing. “By eliminating the nine-month rule for … [Read more...] about Several SBA Loan Requirements Eliminated
Nevada Real Estate & Development Report: April 2014
E Sale, Retail ADDRESS 5050 E. Russell Rd., 89122 BUYER Wyandotte, Inc SELLER Kathleen & Adrian Varni Trust DETAILS 24,034 SF; $2,200,000 APN 161-28-401-011 BUYER’S REP Neil Dela Cruz of MDL Group SELLER’S REP Katherine Bergh of Marcus & Millichap Loan, Office ADDRESS 2575 E. Sahara Ave., 89104 BORROWER Reliable Auto Sales LENDER TMC Financing and Zions … [Read more...] about Nevada Real Estate & Development Report: April 2014
Nevada State Bank Expanding Mortgage Team to Meet Demand
Nevada State Bank is "gearing up" for increased mortgage demand. The bank is expanding its team of loan officers to handle a purchase market that is picking up steam, according to a recent statement. “While other organizations are downsizing the large refinance teams they have built over the last few years, Nevada State Bank is growing our purchase team to handle the … [Read more...] about Nevada State Bank Expanding Mortgage Team to Meet Demand
Ann Santiago: TMC Financing
Senior Vice President Las Vegas http://www.tmcfinancing.com/ What do you like most about your industry? I like that my industry helps a lot of small businesses realize their ultimate dream of owning their own building and expanding. What do you like least about your industry? I don’t like the misconceptions about working with the government and Small Business … [Read more...] about Ann Santiago: TMC Financing