Zephyrnet Logo

Truckee Landscaping Firm Gains Long-term Stability with SBA 504…

Date:

News Image

Working with Jim and TMC was great. Everything was smooth, communication throughout the entire process was clear. It was just like a team – whenever paperwork was required, Jim and his staff were on it. It was seamless.

In the industry since 1995, Brian Conners opened Peak Landscape with a vision to provide a higher level of service and customer care to homes and businesses throughout Truckee, CA. Now, Peak is a full-service landscaping company that aims for excellence, with more than 40 employees in the field in any given season.

Licensed in tree work, fencing, and general building, Conners strives to ensure that his company can meet all their client’s landscaping needs. Peak has expanded its service area to extend to more than two dozen communities.

The landscaping industry is highly seasonal and notoriously challenging, especially when it comes to finding the right staff and machinery. As a result, shoring up costs and eliminating uncertainty are keys to long-term success.

To optimize productivity and maintain long-term stability, Conners bought the property for Peak Landscape with financing provided by a conventional 10-year loan. The acquisition ensured that equipment was centralized, which led to faster turn-around times and heightened customer satisfaction.

However, there was still a nagging financial issue in the back of Conners’ mind – the oncoming balloon payment. Conners still had years of payments left on this loan, but he knew that significant expense was looming.

“It was always in the back of my mind,” Conners explained. “I constantly had my eye out for an alternative financing option. But often, I would get so wrapped up in work, the last thing I could do is deal with the situation.”

As the date drew nearer, he reached out to his bank, and they recommended he connect with TMC Financing (TMC) and take advantage of the Small Business Administration’s (SBA) 504 Refinance Program.

SBA 504 Refinance Program Positioned Peak Landscape to Grow with Favorable Rates

The SBA 504 Refinance Program is a unique financing option that allows small business owners to refinance fixed assets, such as commercial real estate or equipment, with only 10% down and a below-market interest rate, fixed for 25 years.

“Working with Jim and TMC was great,” said Conners. “Everything was smooth, communication throughout the entire process was clear. It was just like a team – whenever paperwork was required, Jim and his staff were on it. It was seamless.”

Azevedo helped Conners navigate the SBA 504 refinancing process, providing a no-stress path to more favorable real estate financing.

“Get Creative” with Financing Options Including SBA 504, Says Brian Conners of Peak Landscape

What would Brian Conners say to other business owners in the landscaping industry?

“Be willing to pivot and get creative. I probably could have stayed with my original loan, it seemed easy because it was owner-financed. But it was worth taking the extra time to find TMC Financing and the SBA 504 program. Things can fall into place quickly once you take the first step towards financial security.”

To learn more about SBA 504 financing or get started with SBA 504, contact TMC Financing.

Share article on social media or email:

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.prweb.com/releases/truckee_landscaping_firm_gains_long_term_stability_with_sba_504_refinancing_from_tmc_financing/prweb18202937.htm

spot_img

Latest Intelligence

spot_img