You’ve probably heard by now that our company turned 15 years old earlier this year. Fifteen years in SBA 504 lending has been quite a ride for us, and we’ve had the chance to work with a ton of amazing small business owners across the country. Doing approximately 700 loans over that amount of time adds up to a lot of fascinating stories, and we decided to share 15 of them with you. One for every year, get it? We plan to present these small business owners with a plaque thanking them for being one of our outstanding clients and a check/or VISA card for $504 to celebrate with their team.
One reason for doing it is that we’re really proud of the business owners we get to work with and we’re always looking for excuses to talk about them. Another reason is that maybe, these stories will strike a chord in you or someone you know and perhaps inspire more small business owners to achieve their dreams of owning their own commercial real estate.
So, without any further ado, here’s our first of fifteen stories…
XL Soccer World
This story is super interesting (we think) because Ciaran McArdle, owner of XL Soccer World, utilized a provision in the SBA regulations that has enabled us to provide SBA 504 financing for seven separate projects to date. Normally there’s a cap on the amount of SBA dollars a borrower can use, but that cap gets increased when projects meet certain eco-friendly (green) standards. So what started as a single indoor/outdoor soccer facility has grown into a small empire of soccer evangelism and training, and all because of the drive of a small business owner and the benefits of 504 loan program.
Okay, maybe that’s a little dramatic, but it’s still quite a story and we think you should read more about it. Go to https://www.504experts.com/about-us/success-stories/xl-soccer-world to read Ciaran’s story and how the “green” loan provision enabled XL Soccer World to finance seven projects (and counting). If you read and have questions about how we can help you and/or others you know, let us know. And if you don’t read and have questions anyway, same.
We’re here to help, and we have fourteen more stories to tell you. So stay tuned. And thanks for reading.
– Your 504 Experts