Capital Access Group Welcomes Jenny Tice to Business Development Team!

Capital Access Group (, a commercial real estate lender specializing in U.S. Small Business Administration 504 loans for growing businesses, announced that Jenny Tice has been hired to serve as Business Development Officer with responsibility for business development, sales, and client relationship activities throughout the Bay Area.

“We are thrilled to welcome Jenny to the Capital Access Group team,” said Jacklyn Jordan, President and CEO, Capital Access Group. “Along with her years of banking experience, she brings a passion for helping small business owners grow and succeed. Her skills complement our existing business development team.”

Ms. Tice possesses seven years of experience in the banking industry, most recently at First Republic Bank, as well as at City National Bank and Wells Fargo Bank prior to that.

“I joined the banking industry right out of college and immediately started working with small business owners,” said Tice. “I love working with businesses through the different phases of growth, because it is always an exciting time when the business is growing, adding new employees, or purchasing new equipment or a new facility. I enjoy hearing their stories—it always inspires me.”

“I was attracted to Capital Access Group because of their great reputation and the experienced staff members, many whom have a long tenure in the industry, and also because I love the work they do with growing businesses,” said Tice.

Read the press release online here.

Read More

Helen Russell, co-owner of Equator Coffees and Teas, was named one of NBC’s Pride30 entrepreneurs for mixing business with social responsibility

One of our favorite borrowers, Helen Russell, co-owner of Equator Coffees and Teas, was named one of NBC’s #Pride30 entrepreneurs for mixing business with social responsibility. Helen and her partner, Brooke McDonnell, were named the SBA’s Small Business of the Year in 2016.

Capital Access provided the SBA 504 financing in 2003 for Equator to purchase its own, 5,500-square-foot roasting plant, which Helen calls “one of the best decisions that we’ve ever made,” and since that time, they’ve grown the company from a small roaster and wholesaler to a nationally recognized brand.

Helen encourages LGBTQ entrepreneurs to “stand in our knowledge and believe in our personal power to effect positive change, not only in our lives but in the lives we touch. Positive influence on others will follow suit.”

Read More

Capital Access Group helps owner of The Waffle Roost access $1.4M in SBA 504 financing to purchase his own commercial kitchen for his food truck and catering business

Capital Access Group was pleased to help Justin Funamura, owner of The Waffle Roost, to secure $1.4M in SBA 504 funds to purchase a 13,000 sq. ft. commercial kitchen in San Jose, CA. Instead of opening his own brick-and-mortar restaurant, which is the typical path for food truck entrepreneurs, Justin decided to own his own commercial catering kitchen instead.

“If I rent, I am completely restricted by commercial kitchen lease rates, and the rates are not conducive to growth,” said Justin. “When I learned about the 504 program, the idea of owning my own commercial kitchen became more of a reality. The 10-percent down payment is a major thing.”

The company currently owns five food trucks and provides catering to corporate events, weddings, private parties and Off the Grid street food events and festivals throughout the Bay Area. Approaching its fifth year, Funamura decided to purchase his own commercial kitchen to stabilize rents and expand the catering side of his business.

In the Bay Area, it’s very difficult to find affordable commercial kitchens to lease, especially ones that support growth. Capital Access Group and the SBA 504 loan opened up Justin’s options and made it possible for him to expand on his own terms.

Read More

Hybrid Design/Super7 secures $3,130,000 in total project financing to purchase four condominium units in an unfinished warehouse building in San Francisco’s Mission District

Capital Access recently helped Brian Flynn, CEO of Hybrid-Design/Super7, to secure $3,130,000 in total project financing to purchase four condominium units in an unfinished warehouse building in San Francisco’s Mission District.

The visual branding and strategy studio has leveraged key investments in the real estate market to propel their growth. The new space gives Hybrid Design and Super7 the room to grow and to take advantage of new opportunities, which they “wouldn’t be able to do without the SBA,” according to Flynn.

“We have always owned our own offices, paying a mortgage instead of rent that is constantly climbing, so that we can afford to stay in the city,” said Flynn.

Read More

Capital Access Group provides $7.9 million in total project financing for Byron Renfro, CEO, and Joe Lewis, President and Founder, of Orchard Commercial to purchase a 36,000 sq. ft. office and warehouse

Capital Access Group provided $7.9 million in total project financing for Byron Renfro, CEO, and Joe Lewis, President and Founder, of Orchard Commercial to purchase a 36,000 sq. ft. office and warehouse building in Santa Clara, CA. This is Orchard’s third SBA 504 loan from Capital Access Group.

In business for over 40 years, Orchard Commercial is an award-winning, integrated real estate company that offers property management, accounting, leasing, engineering, and construction services to clients throughout the Bay Area. Orchard currently manages 14.5 million sq. ft. of commercial real estate in Silicon Valley, the East Bay, and on the Peninsula. The new facility will enable the business to lock in its future occupancy costs and further expand its operations.

“We know real estate and we know a good deal when we see one, so we like the ability to get 90 percent financing because it frees up cash to invest in our buildings,” said Renfro. “As our business expands, the new building allows us to expand with it.”

Read More

BREAKING NEWS: 25-year SBA 504 loan is now available

  • This is a new product in addition to the existing 20-year and 10-year SBA 504 loan products
  • 25-year term, fully amortized
  • Below-market fixed rate
  • Available for all projects approved on or after April 2, 2018
What this means for small business owners:
– Lower monthly payments
– Increased cash flow
Read More

NPI Solutions, Inc. secures $7.3 million in financing to purchase a 52,000 sq. ft. industrial office lab space in San Jose, CA

Capital Access was thrilled to help Kevin Andersen, CEO of NPI Solutions, Inc., secure $7.3 million in financing to purchase a 52,000 sq. ft. industrial office lab space on a 3.8 acre parcel in San Jose, CA. NPI contracts with industrial, technology, medical, and science businesses to design their next-generation products from concept, to prototype, to final assembly and test, to life-end support.

Founded in 2000, NPI has experienced exponential growth, with operations in California, China, and Singapore. After 16 years of leasing and subleasing space in Silicon Valley, however, Kevin and his son Keith, who serves as the Director of Design Engineering for NPI, decided it was time to buy a building of their own.

The Andersens were attracted to the 504 loan’s low, 10 percent down payment, so they could “keep a sufficient amount of money within the company for operations,” according to Keith. The 504 loan also allows the company to lock in costs and make it possible to manage the maintenance of the building.

“We know where we stand now,” said Keith. “We can model what the business looks like in five years, ten years, and twenty years, because we are able to fix the costs and understand them more specifically. We can also manage the maintenance of the building without landlord controls.”

Read More

AHK Electronic Sheet Metal purchases 58,500 sq. ft. manufacturing facility in San Jose with $9.3M in SBA 504 funds

Capital Access Group was pleased to help Elie Antoun, owner of AHK Electronic Sheet Metal, Inc., access $9.3M in SBA 504 funds to purchase a 58,510 sq. ft. manufacturing facility in San Jose. AHK’s expansion takes place in the already booming Silicon Valley, known more for the tech corporations that contribute to the area’s economic growth.

Antoun also owns Etched Media Corporation and recently purchased Tobar Industries to increase AHK’s manufacturing capacity. Co-locating AHK, Tobar Industries, and Etched Media in the new facility allows Antoun to move at a faster pace and run his businesses more efficiently.

“The loan gives us certainty. We know how much rent we’re going to pay, we know how much it’s going to cost us from that perspective,” said Antoun. “The SBA 504 loan provided the security that allowed me to be bold.”

Read More

Capital Access Group Board of Directors approves grant to small businesses affected by the North Bay fires

Capital Access Group’s Board of Directors approved a grant to assist in fire recovery for small businesses in the affected North Bay counties. Rotary District 5130 will manage and distribute funds through their Business Grant Recovery Program.

Capital Access Group’s grant will aid small businesses in re-establishing their operations and preventing them from closure due to losses suffered from the fires.

“The North Bay fires devastated many small businesses, affecting the business owners, their families, and the surrounding community,” said Jacklyn Jordan, President and CEO, Capital Access Group. “We are proud to partner with Rotary District 5130 to help rebuild the community and to give small business owners in the area the support they need to get back to business.”

The Rotary District 5130’s Business Grant Recovery Program provides grants of up to $5,000 based upon demonstrated need. The grants may be approved to replace inventory, equipment, tools, repairs, and anything else necessary to re-establish the business. Approved grants do not need to be repaid.

Read More

Treehut plants seeds for design and manufacturing expansion in San Francisco’s SOMA district with $4.43M in SBA 504 financing

Meet two of Capital Access Group’s latest borrowers, Julia and Johannon Olson, co-owners of Treehut, a design and manufacturing company that handcrafts watches and eyeglasses made of real wood. Capital Access recently helped the husband-and-wife team secure financing to purchase a 7,333-sq. ft. industrial-warehouse building in the center of the city’s thriving South of Market neighborhood.

Over the past four years, Treehut experienced exponential growth. Julia and Joh started operating Treehut out of their basement, and then moved the business twice to accommodate its growth, but leasing space was never a long-term solution.

“We are a manufacturing business, which requires us to customize the space to fit our needs,” said Julia. “Not a lot of landlords are fans of renting space to us for that reason, so we decided it was time to purchase property. Now we have the flexibility to make the space the best use for our manufacturing facility.”

Read More

Longview Stables wrangles 15 acres for an equestrian facility

Capital Access Group provided $2,650,000 in total project financing to Lisa Durbrow and Cydney Shald, co-owners of Longview Stables, to purchase an equestrian facility located at 3777 Vineyard Road, Novato, CA. The property includes 15.1 acres of land, a residential building, and multiple horse stables and riding arenas.

Lisa and Cyd, a mother-and-daughter team, have been in business together since 2010. They currently lease space in Nicasio Valley, CA, and will move the business to the new property later this year. They couldn’t have done it without support from Capital Access and the SBA 504 program.

According to Lisa, “The only way that we were going to be able to secure this purchase was with the SBA 504 loan. Our banker told us about the program, and Capital Access Group took a leap of faith in us and our business. They had faith that in what we could do.”

“Working with Capital Access Group was super-easy and seamless,” she said.

Read More

Redwood Montessori School purchases property to make the business their own

Capital Access helped another North Bay business, Redwood Montessori School, to access $320,000 in total project financing to purchase a 1,215-square-foot building at 11201 Main Street, Penngrove, CA. Now the business owners, Aishwarya Kancharla and Daniel Turner, have a monthly mortgage payment that is lower than their rent!

The Redwood Montessori School’s physical environment plays a central role in the overall curriculum, so it was in important development for the business owners to purchase the building. From the developmentally-appropriate classroom layout to creating an outdoor area that enriches children’s interaction with the equipment, the natural environment, their teachers, and peers.

“It feels amazing to own the property,” said Aishwarya. “The low down payment made it possible to buy the property, but beyond that, our monthly mortgage payment is lower than our rent! Now, we can do what we want, what we feel is appropriate for the success of the academic program and our students.”

Read More

Capital Access Group recognized as one of the largest SBA lenders by both the San Francisco Business Times & Silicon Valley Business Journal

The San Francisco Business Times released its annual list of the largest SBA lenders. Capital Access Group finished the year as the 4th largest lender in the region, with 30 loans for a total of $34.77 million in SBA funds. The Silicon Valley Business Journal also released its annual list of the largest SBA lenders, and Capital Access Group was ranked the 4th largest lender in that region as well, with 19 loans for a total of $26.14 million in SBA funds. We are pleased to provide support to businesses in the San Francisco and Silicon Valley areas and throughout the State, to allow them to secure financing to own their own real estate, which creates jobs and strengthens the community.

Read More

Capital Access Group helps business owner take full ownership of Five Points Tire Imports in Redwood City

Victor Khedr, Owner of Five Points Tire Imports, recently secured $2.5 million to purchase two buildings at 2103 El Camino Real and 10 Manzanita Street, Redwood City, CA.

According to Khedr, “Owning property is the way to go because it’s something that will appreciate in value. I’m not throwing money away on rent anymore. This building is my retirement.”

Previously, Khedr was the owner of Ben’s Auto Tech, but when he began having difficulty with his landlord, he decided to explore opportunities to relocate or buy a new business. In 2016, he discovered that Five Points was for sale. He purchased the business, and merged it with Ben’s Auto Tech. After a successful first year, Khedr decided to exercise his option to purchase the buildings and take full ownership of Five Points. He approached his tax consultant, who told him about the SBA 504 program, and Khedr was introduced to CapitalAccess Group.

Read More

Senior Executive Leaves Corporate World to Purchase Building Supply Center Hardware Store and 10,700 Sq. Ft. Building in Pt. Reyes

Capital Access Group helped another small business owner buy a building in beautiful Point Reyes, CA.

Ken Dunaj spent ten years working as the Chief Operating Officer at Restoration Hardware before deciding to leave the corporate world. Ken and his wife, Kelli, dreamt of owning Building Supply Center, located at 11280 State Route 1, Point Reyes Station, CA. The store has been a pillar of the community for over 51 years.

The Dunajs purchased the existing Ace Hardware business from the previous owners in 2015. Capital Access Group helped Ken and Kelli to secure $2 million in total project financing to take full ownership of Building Supply Center by purchasing the 10,700 sq. ft. building.

Ken appreciated the “calm and comfortable” financing experience he had with Capital Access Group. “With traditional financing, you almost feel like you’re being judged,” said Dunaj. “The experience with Capital Access was completely different. They want you to get the financing. Claudia (Cohen) and the team helped bring our vision to life.”

“Capital Access Group helped make my family’s dream a reality,” said Dunaj.

Read More