Spectrum Commercial Lending, Inc. Closes $8.8M Commercial Real Estate Loan for Their Small Business Client
Summary
This is truly the goal of the SBA 504 loan program, to help support growth within the small business community.Spectrum and CDC Small Business Finance Corporation worked very closely together to insure that this transaction went as smoothly as possible for all parties involved.### Irvine, CA, August 30, 2010 --( PR.com )-- Spectrum Commercial Lending, Inc. (Spectrum) a leader in small business commercial real estate financing helped their clients close on a new 124,000 SF building in Los Angeles County, CA.Since the company was first established the owner of the Company has seen her sales continually grow to in excess of $17M.Spectrum utilized the SBA 504 program in order to provide the client with a high loan to value, low fixed rate loan which will allow the small business owner to retain the necessary capital within her business to help support the continued expansion of the business.This is truly the goal of the SBA 504 loan program, to help support growth within the small business community.