Orlando, FL, August 23, 2018 --(PR.com
)-- Fountainhead Commercial Capital today announced that it has now closed $252,904,204 in small business commercial real estate loans since its inception in early 2015. According to Fountainhead CEO Chris Hurn, this milestone of financing more than $250 million was achieved nearly twice as quickly as at his prior small business financing company, which once appeared on the Inc. 500 list of America’s fastest growing companies.
Fountainhead specializes in commercial real estate financing for small businesses and is a recognized national leader with the SBA 504 Loan Program, which enables business owners to purchase their commercial properties. Since the company’s inception, Fountainhead also has reported the creation of 848 jobs in the United States by its borrowers.
"To go from zero to a quarter billion dollars in financing in 39 months is significant and humbling," said Hurn. "I'm very proud of our team, our referral partners, and of course, our business owner clients who've entrusted their financing to us."
Fountainhead Commercial Capital, a nationwide, non-bank, direct 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 FastTrack504 program enables banks, credit unions and other intermediaries to fully outsource SBA 504 and conventional loans for owner-occupied commercial real estate. The company’s AI-enabled, Pronto, online loan automation and evaluation tool, can issue commercial real estate loan approvals in less than two hours. More information is available at www.Fountainhead504.com or by calling 800-770-1504.