Would you like your team to learn more about the 504 Loan Program? EDF will bring lunch to your location and do a short presentation! To schedule a time, please contact Kyle at (616) 323-1272 or Kyle@growmichigan.com.
SBA 504 Payment Calculator
Use this simple tool located on our website to explore SBA 504 financing options for your customers. Simply fill in the requested information and voila! Give it a try by clicking below!
Traverse City Golf Center
EDF has joined forces with Traverse City State Bank to fund a SBA 504 loan! Toby Boynton-Fisher is the sole owner of Traverse City Golf Center. The 504 program allowed Toby to pursue his dream of owning an indoor/outdoor golf facility.
Boynton-Fisher has been an employee of Traverse City Golf Center, LLC for years and always had an interest in purchasing the business. Traverse City Golf Center is a full-service, four season golf shop and practice range with indoor and outdoor practice facilities. They have the largest selection of top line clubs, bags, shoes, gloves and golf balls in Northern Michigan. The pro-shop has been recognized by the PGA of America as "The Public Golf Shop Merchandiser of the Year" for three years. Traverse City Golf Center also offers year round custom club fitting with PGA Professionals, Vector and ES14 launch monitor swing analysis, indoor golf simulators, private and group golf lessons, Golf Academy instruction and award winning service.
he 504 Loan program helped me to realize my dream to own Traverse City Golf Center."
- Toby Boynton-Fisher
Traverse City Golf Center
Bradd Pierce ofEDFworked with Toby's lender, Jeff Rademacher from Traverse City State Bank to finance the purchase of the real estate. Once again, the 504 Program has helped a dream come a reality, Mr. Boynton-Fisher said, "the program helped me to realize my dream to own the Traverse City Golf Center." The SBA 504 program allowed Toby to purchase the property at a low fixed interest rate for 20 years with only 15% equity into the project.
To learn more about the benefits of the 504 Loan or how EDF can assist you or your clients, please visit our website atgrowmichigan.comor call our office at (616) 459-4825.
Traverse City Golf Center - 6270 Sector Road, Traverse City, MI
EDF would like to thank all of the lenders that have had loans authorized with us so far this fiscal year. At the end of our fiscal year (9/30/17), the lender and lending institution with the most loan approvals will receive our Lender of the Year Award. Monthly, EDF will start posting this information so you can see where your bank ranks!
Traverse City State Bank
Grand River Bank
First Community Bank
First National Bank of MI
Honor State Bank
West MI Community
*Totals are as of 3/31/17
Do you want to see your name on this list? We do too! If you have a project that you would like to discuss, please call either Bradd Pierce or Gary Witkowski. Bradd can be reached at (616) 323-1277 or Bradd@growmichigan.com and Gary can be reached at (616) 323-1275 or Gary@growmichigan.com.
The EDF team consists of eight professionals with many years of SBA 504 experience combined, so please put our expertise to use and call us with any questions you may have about the program.