Hotel sales and construction are booming in California, with plenty of room to grow. The SBA 504 loan offers below market, long-term, fixed interest rates with as low as 15% down. The loans can be used for purchase, construction (land included), renovations and refinancing existing debt. Independent and franchised properties qualify and energy efficiency improvements can unlock additional capital.
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Based in Southern California, Jennifer Davis has been in the financial services industry for more than 20 years. Jennifer is responsible for educating business owners, commercial mortgage lenders and commercial real estate brokers about the SBA 504 program and other lending opportunities available through TMC.
Under Jennifer’s leadership, TMC Financing has gained significant market share throughout Southern California, providing commercial real estate financing for more than $612 million in total project costs.
Her career started with Bank of America, where she held multiple positions, including senior vice president, Premier Banking market manager, client manager and financial advisor. In 2008, she joined JPMorgan Chase, where she served business clients with revenues from $3 to $50 million and managed the business banking team in Los Angeles. Under her leadership, the team lent $130 million in SBA funds in 2012. Jennifer earned her B.S. from the USC Marshall School of Business.