Fountainhead
Never Pay an SBA Loan Fee Without This Form
Did you know it’s illegal for a loan broker, loan agent, loan packager, consultant or referral source (aka loan intermediary) to charge you a fee associated with an SBA loan unless it’s disclosed on an SBA Form 159 and is signed and agreed to by you, the loan intermediary and the lender? This is a [...]
The Best First Responder Business Loans
The American Security Council Foundation reports that there are over 891,000 emergency medical service (EMS) personnel, 800,000 police officers, and 1.13 million firefighters in the United States. When you consider that there are over 28 million small businesses in the United States, a considerable portion of those are owned by current or past first responders. [...]
The Best Veteran Small Business Loans
According to a recent Small Business Administration (SBA) report, veteran-owned firms represent about 9.1% of all U.S. firms. When you consider that there are over 28 million small businesses in the United States, the number of veteran-owned businesses is staggering. Veterans of the armed services are highly-trained professionals who are conditioned to operate under stressful [...]
SBA 504 Rates Drop to Record Lows
It has been a great month for the SBA 504 program as interest rates have dropped to historic lows. In a June 13th Fountainhead Commercial Capital release, its CEO Chris Hurn stated, “For the first time since the inception of the program 35+ years ago, the 20-year fixed rate has dropped below 4%. The June [...]
Business Property Construction Loans
At some stage of your company’s development you may consider purchasing your own business location. It’s an exciting prospect to be your own landlord and build real estate equity as your business grows. But what happens when you can’t find the perfect property to meet your needs? Constructing a business property from the ground up, [...]