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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
A poll last week showed that 82% of Americans feel unaffected by the government shutdown. I know that many small businesses fall in the other 18%… especially the ones trying to close on CRE without SBA authorization for their SBA 504 loan. We’re working overtime to approve and close loans that have been stalled by […]
Commercial real estate lender financing deals with pending SBA authorizations Fountainhead Commercial Capital today announced that it is helping small business owners with pending U.S. Small Business Administration (SBA) authorizations to close commercial real estate transactions that are stalled by the government shutdown. The SBA has been closed since Dec. 22, leaving many business owners in […]
Yesterday was another standoff in Washington and the shutdown lives on. Life in the real world continues, although I know many of you have deals that have been impacted and stopped dead in their tracks because of this impasse. That said, Fountainhead is funding SBA 504 loans, well, basically we are. If you go to […]