Capital Access Group finished as the #2 lender in the San Francisco District Office Region for fiscal year 2014.
“Overall 504 lending was down last year nationally,” said Jacklyn Jordan, President and CEO of Capital Access Group. “At the same time, we saw some interesting trends, including an increase in the average total project cost.”
Capital Access Group provided SBA 504 commercial real estate loans to finance a number of very exciting projects in fiscal year 2014, including a swim school, a tugboat, a historic theatre, a 32 year-old veteran-owned flooring company, and many more.
“We are off to an incredibly strong start for the first two months of fiscal year 2015,” said Jordan. “Our loan volume is up by 275%, and our average loan approval size has doubled.”
“With more than 30 years of experience with the 504 program, borrowers know they can count on our loan experts to provide the highest quality customer service while delivering a seamless and unbeatably responsive loan application process. As one of our borrowers said recently, ‘Good teamwork really makes a difference.’”
“We look forward to continuing to provide smart financing solutions to growing California businesses in fiscal year 2015,” said Jordan.