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Follow on Google News | Fountainhead Commercial Capital Finances $8.1 Million Acquisition for 24 Carrots Restaurant GroupTop Catering Company to Move Headquarters to Updated Facility in Costa Mesa
Fountainhead provided both the 1st and interim 2nd deeds of trust as part of this SBA 504 project, enabling the borrower to acquire land and building with attractive, long-term fixed interest rates at approximately 90% loan-to-cost financing. The SBA 504 loan program provides financing for the purchase of fixed assets, such as real estate, furniture and fixtures. "Mr. Bennett and his incredible team at 24 Carrots have built a business on quality products, incredible service and great decision-making," 24 Carrots is a full-service catering and events company that creates weddings, social gatherings, and corporate events by placing a strong emphasis on personalized customer service. The company offers unbelievably delicious food, unsurpassed personalized service, and a genuine passion for helping people make unforgettable memories together. More information at http://www.24carrots.com. Fountainhead Commercial Capital, a nonbank lender specializing in the SBA 504 loan program and low loan-to-value conventional loans, was founded by some of the most experienced and awarded SBA lenders around. The company's FastTrack 504™ program enables banks and credit unions to fully outsource SBA 504 loans for owner-occupied commercial real estate. More information is available at http://www.Fountainhead504.com or by calling 800-770-1504. End
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