Escondido, CA – A Permanent Home for a Growing Business
After years of leasing, Scott Maroney, founder of Maid Fast Construction, transitioned to property ownership with the purchase of a 14,638-square-foot building at 518 West Washington Avenue in Escondido, CA. Through the Small Business Administration’s (SBA) 504 loan program, he secured a permanent location for his business, stabilized occupancy costs, gained additional space, and improved operational efficiency.
The Need for More Space
Maid Fast Construction is a well-respected general contractor specializing in painting and full tenant renovations. The company serves commercial, residential, and public projects throughout Southern California, including corporate interiors, historic buildings, and large-scale developments. Known for their quality craftsmanship, Maid Fast Construction adapts to the unique needs of each client.
As the business grew, Scott Maroney recognized that leasing was no longer a sustainable option. The limitations of his previous facility left materials and equipment scattered across multiple job sites, creating inefficiencies. He understood that purchasing property would allow Maid Fast to centralize inventory, house administrative staff, and streamline logistics.
“We were growing fast and needed more space,” Scott said. “Our materials and equipment were spread out, and we didn’t have the capacity to fully operate the way we wanted. We knew we needed to buy a building that could house everything under one roof and create a workspace that truly supports our team.”
How SBA 504 Financing Made Ownership Possible
For two years, Scott searched for the right commercial property, but options were limited, and traditional financing often came with terms that didn’t align with his business needs.
The SBA 504 loan program provided the ideal solution, making property ownership both affordable and accessible.
With SBA 504 financing, Scott was able to purchase the new warehouse with just a 10% down payment and secure a long-term, below-market, fixed interest rate—allowing him to invest in his business growth without overextending his finances.
“I wasn’t familiar with the SBA 504 loan initially, but once I learned about its benefits, I knew it was the right choice,” Scott said. “The low down payment gave us the flexibility to grow our business instead of tying up capital in a lengthy real estate transaction.”
The SBA 504 loan program is designed to help small business owners secure affordable, long-term financing to purchase, refinance, or construct commercial real estate, allowing them to expand their operations and build long-term stability while maintaining financial flexibility.
A Seamless Process with TMC Financing
Will Dendy, TMC Financing’s VP of Business Development in San Diego, guided Scott through the financing process, ensuring a seamless and stress-free experience.
“Scott had a clear vision for his company’s growth and understood the long-term benefits of owning his own space,” Will said. “With the SBA 504 program, he was able to secure a facility that will serve Maid Fast Construction for years to come while maximizing production.”
Scott was impressed with the responsiveness and expertise of the TMC Financing team.
“I had a lot of questions throughout the process, and Will was there every step of the way to provide clear answers,” Scott said. “Even when I called him on a weekend, he took the time to address my concerns. That level of service made all the difference.”
A Bright Future for Maid Fast Construction
Scott and his team are already seeing the benefits of the acquisition. The warehouse is 95% occupied, equipment is centrally stored, and the expanded office space is enhancing collaboration and efficiency.
“My team is excited,” Scott shared. “We finally have a space that works for us—not just for today, but for the future. We’ve upgraded our offices, streamlined our workflow, and created an environment where our employees can be more productive.”
Scott has already begun spreading the word about the SBA 504 program to his colleagues.
“When fellow business owners see our new space, they want to know how we did it,” Scott said. “I immediately tell them about TMC Financing and the SBA 504 loan. It’s a life-saving no-brainer!”
About TMC Financing
Founded in 1981, TMC Financing is a leading provider of SBA 504 loans, funding over $14 billion in projects across Arizona, California, Nevada, Hawaii, and Oregon. More than 7,000 businesses have benefited from this financing, resulting in the creation of an estimated 60,000 jobs.
For more information on how an SBA 504 loan can support your business, contact TMC Financing today