Manhattan Merchant Services was founded by Jason Gerbsman in 2007. As a retail real estate broker in the Metro NY / NJ area, Jason built up a tremendous portfolio of clientele that happened to be Small Business Owners looking to expand their business. The only problem was................the lack of financing options available to his clients. With the economy in a recession, and banks tightening up their lending criteria, Jason was forced to come up with creative financing options for his clients in order to enable them to continue to expand and take advantage of the soft real estate market. "I had been working with a number of small business owners that were looking to expand their business and open up a new location but they could not get any financing from the traditional lending institutions. Many of my clients, most of which at the time were restaurants and supermarkets, told me that if I could figure out a financing Option for them to expand, that they would jump at the opportunity. I spent a tremendous amount of time researching various products offered through SBA and other Government agencies . When I was introduced to the 504 Loan, I just couldn't believe that this product even existed. After all, we are talking about a loan for 90% of a Total Project Cost to include Real Estate, All Construction costs, & Long Term Equipment for the business. Once I verified that the product was real, I took immediate action to put all of the pieces of the puzzle in place to ensure I can get this product in front of all of my clients in order for them to take advantage of what I believe is hands down, the most valuable financial instrument available to small business owners in America".
Contact Manhattan Merchant Services today to see how we can help you grow your business by implementing the 504 Loan
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