Mark Terrell

Mark Terrell
VP & Business Development Officer, West Region

Los Angeles, CA 310-803-2727

Tel: 310-803-2727 / Email: mterrell@velocitysba.com

VelocitySBA

Mark has nearly 20 years of experience in the financial services industry, having honed his craft at several other well-respected institutions. His background has been largely focused around commercial real estate finance and we are lucky to have him bring his expertise to support Velocity’s clients.

Recent Closings

CRE & Business Acquisition

CRE & Business Acquisition

$557,100

purchase of the existing franchise location, 12% cash equity from the buyer

T/I & Equipment

$938,400

Startup of new franchise tanning business with proceeds going towards tenant improvement(t/i) and equipment

Business Acquisition

$2,513,000

Business acquisition of Deck & Fence business that has been established for 20 yrs. Buyer is experienced contractor.

Real Estate Acquisition

$2,142,000

Property purchase for growing electrical contractor business. Closed in 37 days!

Business Acquisition

$860,000

Purchase of an existing Nail Salon business.

Elements Massage Startup

Working Capital

$230,000

Crossroads Small Business Solutions recently approved the startup of new Elements Massage business.

Recent Closings

Business Acquisition

Business Acquisition

$1,344,000

local irrigation system supply retailer business since 1974, 10% down

Working Capital

Working Capital

$483,000

Working capital loan to support growth of healthcare staffing business.

Partner buyout

Partner Buyout

$793,000

Partner Buyout of Autobody Repair business

Debt Refinance & Working Capital

Combined Use of Proceeds

$1,292,000

Refinanced & consolidated all business debt and provided additional working capital while reducing payments by nearly $40k/mo!

CRE & Business Acquisition

$1,760,000

Express Car Wash facility in Lewisville, TX

Truck Yard Property Purchase

Real Estate Acquisition

$2,271,000

Assisted experienced operator w/ purchase of a truck repair facility & land to service its growing fleet.