Capital Access Group Helps Victor Khedr, Owner of Redwood City, California-Based Five Points Tire Imports, Access $2.5 Million in Funds Through the SBA 504 Loan Program to Take Full Ownership of His Business

"I'm not throwing away money on rent anymore." - Victor Khedr, Owner Five Points Tire Imports

Capital Access Group (, a San Francisco-based commercial real estate lender specializing in U.S. Small Business Administration 504 loans for growing businesses, recently helped Five Points Tire Imports, a 53-year-old, full-service automotive center locally owned and operated by Victor Khedr, to secure $2.5 million in total project financing to purchase two buildings located at 2103 El Camino Real and 10 Manzanita Street, Redwood City, California. The buildings, totaling 7,000 sq. ft. of commercial space, are situated on two contiguous parcels on one of the busiest intersections in Redwood City. Five Points Tire Imports provides a wide range of general automotive repair services and tire sales, and it is known throughout the area for its high-quality service.

Prior to purchasing Five Points Tire Imports, Khedr was the owner of another popular tire and auto service business, Ben’s Auto Tech. Khedr had a long-term, affordable lease at Ben’s Auto, but when he started having difficulty with his landlord, he decided to explore opportunities to relocate or buy a new business. In 2016, he discovered that Five Points Tire Imports was for sale and decided to buy the business and merge it with Ben’s Auto Tech.

After a successful first year in business, Khedr approached his landlord about purchasing the property and taking full ownership of the business. Khedr worked with his tax consultant to explore different financing options, and the tax consultant told Khedr about the SBA 504 loan program. Soon, Khedr was introduced to Claudia Cohen at Capital Access Group.

“Victor was one of the most responsive borrowers I’ve ever worked with,” said Claudia Cohen, Senior Vice President, Capital Access Group. “When I asked for something, he would usually deliver it on the same day. I’m so happy we were able to help him take full ownership of Five Points and give him peace of mind about his future.”

“What really won me over about the 504 program was the down payment,” said Victor Khedr, President, Five Points Tire Imports. “You only need 10 percent, which made it awesome.”

“Claudia was amazing. I wanted to have all my ducks in a row before I approached the seller because once I exercised my option, I only had 120 days to close,” said Khedr. “Claudia was willing to work with me under those conditions. She was on the ball and easy to deal with.”

“Owning property is the way to go because it’s something that will appreciate in value,” said Khedr. “I’m not throwing money away on rent anymore. This building is my retirement.”

About Capital Access Group: Capital Access Group is a leading statewide Certified Development Company based in San Francisco, authorized by the U.S. Small Business Administration to provide long-term, fixed-rate financing through the SBA 504 loan program, which offers 90 percent financing to business owners for the purchase, renovation, or construction of commercial real estate for their growing businesses. Founded in 1981, Capital Access Group has helped thousands of entrepreneurs grow their businesses and realize their dreams of owning their own buildings. Currently, the SBA 504 interest rate is 4.52 percent, fully amortized and fixed for 20 years. For more information, please visit

Source: Capital Access Group

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