Clark County, Nevada is home to more than 2.2 million people. It is estimated that 6,000 residents are without a home at any given time. When the coronavirus pandemic began, action was needed to help area homeless people reduce their odds of infection. Marcelino Casal, a director with Care Well Properties which operates transitional housing facilities across Nevada, … [Read more...] about TMC Financing’s SBA 504 Loan Program Helped Create a Safe Place for At-Risk Seniors
TMC Financing
TMC Financing Helps Eby Iron Designs Secure Future with Building Purchase
Eby Iron Designs, a metal contractor in Henderson, Nevada, purchased property at 909 Walnut Drive in Boulder City, NV for $675,000. The 4,000 square-foot industrial space was purchased with an SBA 504 loan from TMC Financing. By utilizing the SBA 504 Program, Michael Eby, owner of Eby Iron Designs, was able to obtain 90 percent financing with a 25-year fixed rate … [Read more...] about TMC Financing Helps Eby Iron Designs Secure Future with Building Purchase
Northwest Career College Expands To Open 5th Campus Building
LAS VEGAS – Northwest Career College, an accredited trade school with more than 1,000 students, opens its fifth campus building this month. The $1.5 million building was purchased with an SBA 504 loan through TMC Financing. The first mortgage lender was JP Morgan Chase Bank. The new 6,000 square foot building will be Northwest Career College’s Student Success … [Read more...] about Northwest Career College Expands To Open 5th Campus Building
Popular Las Vegas Salon Grows With SBA 504 Loan from TMC Financing
NY Hair Company, a popular Las Vegas salon owned by Nicolette Tucker, is opening a new and expanded location in March, thanks to an SBA 504 loan from TMC Financing. Tucker has owned her salon, which until now was located at Decatur Boulevard and Flamingo Road, for 16 years. She said she originally opened the salon after working long hours at a corporate job. “If … [Read more...] about Popular Las Vegas Salon Grows With SBA 504 Loan from TMC Financing
SBA 504 Real Estate Loan From TMC Financing Enables Locally-Owned Countertop and Flooring Company to Expand
LAS VEGAS – After answering to five different building owners and enduring regular rent increases, Judy Beckowitz, president and owner of American Countertops & Floors, decided the timing was right to invest in herself and her growing company. With the help of an SBA 504 real estate loan from TMC Financing, she was able to purchase a 5,557-square-foot office and … [Read more...] about SBA 504 Real Estate Loan From TMC Financing Enables Locally-Owned Countertop and Flooring Company to Expand
Small Business Offers Creative Spin on Catering Expands in Las Vegas Market
Catering is becoming an elevated art form in the “Entertainment Capital of the World” – it is now part of the show. This trend became the foundation for one local catering company, Cut and Taste, to create unique experiences that complement the dramatic and lively Las Vegas style. “Catering is not just a necessity anymore, it has to be a highlight of the event, especially … [Read more...] about Small Business Offers Creative Spin on Catering Expands in Las Vegas Market
Chris Hunter Joins Commercial Real Estate Women (CREW) Board of Directors
Chris Hunter, senior vice president of business development for TMC Financing, has joined the board of directors for Commercial Real Estate Women (CREW) Las Vegas as its director of programs. CREW Las Vegas is a business society dedicated to providing education and promoting the interests of women who work in all facets of commercial real estate. Hunter has been involved … [Read more...] about Chris Hunter Joins Commercial Real Estate Women (CREW) Board of Directors
TMC Financing facilitates expansion of Hwang Law Group utilizing SBA 504 Loan
Hwang Law Group, a Las Vegas-based law firm, has purchased property at 2880 S. Jones Blvd. for $550,000. The 2,600-square-foot space was purchased with an SBA 504 loan from TMC Financing. By utilizing the SBA 504 Program, Hwang Law Group was able to obtain 90 percent financing with a 25-year fixed rate loan. Founded less than four years ago by attorney Tin Hwang, Hwang Law … [Read more...] about TMC Financing facilitates expansion of Hwang Law Group utilizing SBA 504 Loan
TMC Financing Completes Successful Year Providing SBA 504 Loans To Las Vegas Small Businesses
TMC Financing, a leading Southern Nevada SBA 504 lender, provided more than $18 million in financing to small businesses in 2018. Spearheaded by senior vice president of business development Chris Hunter, the company helped 22 small businesses grow, which will create or maintain 206 jobs in Southern Nevada. “The SBA program is one of the most powerful assets a small business … [Read more...] about TMC Financing Completes Successful Year Providing SBA 504 Loans To Las Vegas Small Businesses
Construction of Henderson Residence Inn Begins Following Sba 504 Loan from Tmc Financing
TMC Financing is proud to announce that its client, Nigro Development, has begun construction on a new Residence Inn by Marriot in Henderson, Nev. The project is made possible thanks to an investment from TMC Financing under the Small Business Administration (SBA) 504 loan program. “The value that a project like Nigro Development’s new Residence Inn hotel brings to a … [Read more...] about Construction of Henderson Residence Inn Begins Following Sba 504 Loan from Tmc Financing
Weighing The Options: Owning Versus Leasing Commercial Real Estate
Weighing the benefits of leasing or owning real estate is important for any business, but Nevada real estate professionals said there’s no definitive answer to which option is best. Both leasing and owning real estate offers businesses advantages and disadvantages and the decision of which route to take is up to the leadership at each company, said Jeff Jenkins, executive … [Read more...] about Weighing The Options: Owning Versus Leasing Commercial Real Estate
Bank of Nevada is Southern Nevada’s #1 Participating Lender in SBA 504 Program, Year-to-Date
LAS VEGAS - Small businesses are the economic engine creating the majority of jobs in Southern Nevada. Bank of Nevada is proving its commitment to this important business sector by becoming the number one participating lender in Southern Nevada — year-to-date in 2016 — in its partnership with TMC Financing and the Small Business Administration’s (SBA) 504 Program. The … [Read more...] about Bank of Nevada is Southern Nevada’s #1 Participating Lender in SBA 504 Program, Year-to-Date
Red Rock Fertility Expands with SBA 504 Loan From TMC Financing
Red Rock Fertility, a Las Vegas-based fertility center, has purchased a new building at 9120 W. Russell Road in Southwest Las Vegas. The two-story, 12,500-square-foot building was purchased with an SBA 504 loan from TMC Financing and a conventional loan through Bank of America. TMC Financing provided $1.7 million of the project’s $4.7 million total cost. According to Red … [Read more...] about Red Rock Fertility Expands with SBA 504 Loan From TMC Financing
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
Educating, Connecting Entrepreneurs; Median Home Price Hits $200,000; 5K to Raise Funds for Kids with Cancer
Las Vegas Will Launch 1 Million Cups to Educate, Connect Local Entrepreneurs 1 Million Cups, a program to engage, educate and connect entrepreneurs, launched in Las Vegas on Wednesday, August 13. The weekly event will be located in the inNEVation Center, powered by Switch. 1 Million Cups is a weekly gathering that is building startup communities over cups of coffee and … [Read more...] about Educating, Connecting Entrepreneurs; Median Home Price Hits $200,000; 5K to Raise Funds for Kids with Cancer
Hospice Collecting School Supplies for Students in Need
Nathan Adelson Hospice locations will serve as drop-off points to collect school supplies for local elementary students. The hospice will be collecting supplies for students at Robert L. Taylor and Sunrise Acres elementary schools. The drive continues until Aug. 18. “Many schools unfortunately suffer from a lack of funding, and a large number of students can’t afford many … [Read more...] about Hospice Collecting School Supplies for Students in Need
CCIM: Join the Club
After Nevada’s economic downturn and resulting real estate crash had begun, Cindy Santilena, a Las Vegas commercial real estate lender for small businesses and entrepreneurs, was looking for a way to highlight herself and her company when working with other industry professionals during a struggling, competitive market. She decided to pursue a CCIM, a prestigious certified … [Read more...] about CCIM: Join the Club
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