Orlando, FL, September 10, 2018 --(PR.com
)-- Fountainhead Commercial Capital was among the first round of 2018 “Florida Companies to Watch” finalists recently announced by GrowFL. The awards event - now in its eighth year - honors 50 select second-stage companies from throughout the state for developing valuable products and services, creating quality jobs, enriching communities, and broadening new industries throughout Florida. Chosen from a candidate pool of 134 growing second-stage businesses, the finalists collectively represented $518 million in annual revenue and employed 2,743 full-time equivalent employees in 2017. Fountainhead specializes in U.S. Small Business Administration (SBA) “504” loans as well as low loan-to-value commercial real estate loans for entrepreneurs.
The “Florida Companies to Watch” program consists of two rounds of selections. Finalists now advance to the second round, where they will be further evaluated based on their performance in the marketplace, innovative products, services or processes, philanthropy and empowered employees.
“As a company that helps small business owners create wealth, we are absolutely honored to be recognized for our company’s growth and business practices,” said Fountainhead CEO Chris Hurn. “We applaud GrowFL for working to assist small businesses thrive in our great state.”
The winners will be announced in mid-September. The 2018 honorees will be celebrated at the awards ceremony Feb. 9, 2019 at the Straz Center for the Performing Arts in Tampa, FL.
“We applaud these first-round finalists who have shown how they stand out in their regions as innovative business leaders, going to the next level to grow their companies,” said Dr. Tom O’Neal, GrowFL Executive Director. “They are true rock stars.”
Developed by the Edward Lowe Foundation, “Florida Companies to Watch” is a distinguished awards program specifically designed to seek out second-stage businesses from a wide range of industries representing all areas of the state, not just those in major metropolitan areas. In addition to evaluating past growth and projected success, applicant companies are judged according to their special strengths and impact in their markets, communities and within the state – thus deeming them “worth watching.” GrowFL was created in 2009 as an economic development program focused on assisting second-stage growth companies prosper in the state of Florida. Learn more at www.GrowFL.com.
Fountainhead Commercial Capital, a nationwide, nonbank, 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.