May 2023 – Mike Sarthou and Merri Adams, two veterans of commercial real estate lending, have joined TMC Financing the No. 1 SBA 504 lender in the nation. Sarthou and Adams will spearhead TMC’s efforts of providing SBA 504 financing to small businesses in the San Diego market.
“We are thrilled to welcome Merri and Mike to our Southern California team,” said Barbara Morrison, founder and president of TMC Financing. “They will undoubtedly amplify our presence in the San Diego market.”
They will both be joining TMC Financing as senior vice presidents of business development, focusing on helping small business owners secure affordable financing to purchase, construct, or refinance commercial real estate. By utilizing the SBA 504 Program, business owners can obtain 90 percent financing and below-market, 25-year fixed interest rates.
Sarthou and Adams bring a combined 58 years of SBA lending experience. Their commitment to providing exceptional service to their lending partners and clients has earned them a strong reputation in the industry.
They have secured over $2.4 billion for approximately 2,500 small businesses, resulting in the creation or retention of nearly 21,000 jobs.
“We are so pleased to have Mike and Merri on the TMC team,” said Morrison. “Their in-depth understanding of the SBA 504 Program will enhance our ability to help our small business clients succeed. They are well-equipped to advance economic development and encourage growth in the small business communities throughout Southern California.”
About TMC Financing
TMC Financing, founded in 1981, has secured SBA 504 financing for projects worth more than $12 billion across Arizona, California, Nevada and Oregon. More than 6,000 businesses have benefited from this financing, resulting in the creation of an estimated 60,000 jobs.