TMC Financing Sees Record-Breaking Year

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TMC Financing Sees Record-Breaking YearTMC Financing had a record breaking year, approving 304 Small Business Administration 504 loans from October 1, 2010 to September 30, 2011. SBA 504 loans must be used for fixed asset projects, such as buying land and buildings, remodeling and upgrades. TMC sourced $268 million in loans for projects with a combined value of $706 million. It’s an encouraging sign that Southern Nevada’s depressed real estate market is finally seeing movement.