sba 504 loan News

Mercantile Capital Corporation, one of the nation’s leading providers of U.S. SBA 504 loans for small business owners, closed a commercial loan for Industrial Products Limited, LLC recently for $1,030,000 in total project costs.

Mercantile Capital Corporation, which recently opened new offices in the Old Florida National Bank building on Court Avenue in Downtown Orlando, reported it had a record-breaking year in 2011.

Mercantile Capital Corporation recently closed on a pair of U.S. Small Business Administration (SBA) 504 Loans that will help build and equip a steel processing plant in Jackson, Ala., valued at over $12 million.

Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans for small business owners who want to purchase their own facility, closed a commercial loan for Thompson’s Auto Service, LLC recently for $306,000 in total project costs.

Mercantile Capital Corporation, one of the nation's leading providers of U.S. SBA 504 loans, closed five commercial loans in September 2011 to finance over $13.8 million in total project costs.

Mercantile Capital, one of the nation’s leading providers of U.S. SBA 504 loans for small business owners who want to acquire their own facilities, closed a commercial loan for Comfort Inn & Suites recently for $3,733,800 in total project costs.

Mercantile Capital Corp, a leading provider of US SBA 504 loans for small business owners who want to acquire or develop their own facilities, closed a commercial loan for Valvoline Instant Oil Change, recently for $2,395,000 in total project costs.

Mercantile Capital Corporation, a wholly-owned subsidiary of Old Florida National Bank, today announced that the 20-year effective interest rate for the U.S. SBA 504 Loan Program has fallen to a new all-time low of 4.69 percent.

Mercantile Capital Corporation, one of the nation’s leading providers of U.S. Small Business Administration 504 loans for small business owners, closed a commercial loan for Big Buzz Brands recently for $441,400 in total project costs.

Mercantile Capital Corp, a leading provider of U.S. Small Business Administration 504 loans for small business owners, closed a commercial loan for FSR Leasing Group, LLC dba Storage Center at Southwood recently for $6,708,000 in total project costs.

Mercantile Capital Corporation, one of the nation’s leading providers of U.S. SBA 504 loans for small business owners, closed a commercial loan for Industrial Products Limited, LLC recently for $1,030,000 in total project costs.

Mercantile Capital Corporation, which recently opened new offices in the Old Florida National Bank building on Court Avenue in Downtown Orlando, reported it had a record-breaking year in 2011.

Mercantile Capital Corporation recently closed on a pair of U.S. Small Business Administration (SBA) 504 Loans that will help build and equip a steel processing plant in Jackson, Ala., valued at over $12 million.

Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans for small business owners who want to purchase their own facility, closed a commercial loan for Thompson’s Auto Service, LLC recently for $306,000 in total project costs.

Mercantile Capital Corporation, one of the nation's leading providers of U.S. SBA 504 loans, closed five commercial loans in September 2011 to finance over $13.8 million in total project costs.

Mercantile Capital Corp., one of the nation’s leading providers of US SBA 504 loans for small business owners who want to acquire their own facilities, closed a commercial loan for Jed R. Bindrup, MD, recently for $9,894,000 in total project costs.

Mercantile Capital, a leading provider of US SBA 504 financing for small business owners, could see its loan volume double thanks to new rules allowing SBA 504 financing to refinance current conventionally-financed loans and provide working capital.

Mercantile Capital Corporation, a leading provider of US SBA 504 loans for small business owners who want to acquire their own facilities, closed a loan for Horizon Food Company, DBA, Horizon Food Brokers recently for $606,500 in total project costs.

Mercantile Capital, one of the nation’s leading providers of U.S. SBA 504 loans for small business owners who want to acquire their own facilities, closed a commercial loan for Comfort Inn & Suites recently for $3,733,800 in total project costs.

Mercantile Capital Corp, a leading provider of US SBA 504 loans for small business owners who want to acquire or develop their own facilities, closed a commercial loan for Valvoline Instant Oil Change, recently for $2,395,000 in total project costs.

Mercantile Capital Corp., a leading provider of U.S. SBA 504 loans for small business owners who want to acquire or develop their own facilities, closed a commercial loan for Country Inn and Suites recently for $6,696,000 in total project costs.

Mercantile Capital Corporation, a wholly-owned subsidiary of Old Florida National Bank, that ranks as a leading provider of US SBA loans for small business owners who want to acquire or develop their own facilities, recently hired 4 new associates.

Mercantile Capital Corporation, one of the nation’s leading providers of U.S. SBA 504 loans closed a commercial loan for Showtime Investments, Inc. dba Sanford Auto Dealers Exchange (SADE) recently for $11,235,000 in total project costs.

Mercantile Capital Corporation, a wholly-owned subsidiary of Old Florida National Bank, today announced that the 20-year effective interest rate for the U.S. SBA 504 Loan Program has fallen to a new all-time low of 4.69 percent.

Mercantile Capital Corporation, a wholly-owned subsidiary of Old Florida National Bank, reports it closed 9 commercial loans in August to finance projects valued at more than $21.6 million in Florida, Texas, California, Georgia and Maryland.

Mercantile Capital Corp. recently closed the largest single commercial loan in the company’s 8 year history to finance improvements valued at over $11.2 million at the Sanford Auto Dealers Exchange, located on Martin Luther King Blvd. in Sanford.

Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, closed on loans to finance commercial real estate projects valued at more than $11.6 million in May.

Mercantile Capital Corp, who recently reported its best 1st quarter ever with 15 commercial property loans to finance projects totaling over $54.8 million - a 44.6% increase over the same period in 2010 - projects near record transactions in May.

Mercantile Capital Corporation, closed on its best first quarter ever as of March 31, closing on 15 commercial property loans during the 90 day period to finance projects that total more than $54.8 million.

Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, has announced it will be a founding sponsor of the newly formed Elephant Football League (EFL) and field a team in Central Florida, the Orlando Rumble.

Commercial mortgage rates for loan amounts between $500,000 - $10,000,000 and for owner user type loan requests as well as non-multifamily investment properties, such as office, retail, and industrial as well as special purpose properties.

Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, now offers an opportunity for select commercial property owners to refinance their property, for the first time ever using U.S. SBA 504 loans.

Mercantile Capital Corporation, a wholly-owned subsidiary of Old Florida National Bank, projects record growth in the first quarter of 2011.

Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, has formed partnerships with firms in San Diego and Atlanta to provide funding for SBA 504 loans eligible for the SBA’s new First Mortgage Pool (FMP) Program.

Mercantile Capital Corp. in Altamonte Springs appointed three new executives recently.

Mercantile Capital Corporation, a wholly-owned subsidiary of Old Florida National Bank, reported it closed on seven commercial loans to finance projects that total $15.2 million in January.

Mercantile Capital Corp, a wholly owned subsidiary of Old Florida National Bank, which specializes in U.S. SBA 504 loans, has announced the launch of a new website dedicated exclusively to SBA 504 interim loans.

Commercial Finance Advisors, Inc. announces the recent closing of a physician loan in Indianapolis, Indiana. This was a 45,000 square foot, Class A medical office property, with a purchase transaction of $1,550,000.

Commercial Finance Advisors, Inc is pleased to announce the recent closing of an SBA 504 loan in Indianapolis, Indiana. This was a purchase transaction at $1,550,000 for a 45,000 square foot, 2 story class A office building in Indianapolis, Indiana.

Mercantile Capital Corporation, the wholly-owned subsidiary of Old Florida National Bank that specializes in U.S. SBA 504 loans for small business owners who want to acquire or develop their own facilities, reported its best year ever in 2010.

Mercantile Capital Corp, a wholly owned subsidiary of Old Florida National Bank, who specializes in SBA 504 loans that assist small business owners acquiring or developing their own facilities, is having the best year in the company's 8 year history.

Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, reported it closed six commercial loans in Florida, California and Connecticut in October valued at more than $20.3 million.

Old Florida National Bank, headquartered in downtown Orlando, and Mercantile Capital Corporation, based in Altamonte Springs, announced they have closed on their merger agreement 3 months ahead of schedule.

Mercantile Capital Corporation, the seven- year-old Altamonte Springs firm that specializes in U.S. Small Business Administration (SBA) 504 loans for small businesses, expects to finance a total of more than $140 million in total projects in 2010.

Mercantile Capital Corporation announced a new milestone for the Small Business Administration's 504 Loan Program - an all-time low interest rate of 4.62 percent for a 20-year fixed rate loan.

Old Florida National Bank and Mercantile Capital Corporation have entered into a merger agreement. Old Florida National Bank, headquartered in downtown Orlando, expects the merger to be finalized in the late 4th quarter or early 1st quarter of 2011.

A Florida-based lender that specializes in funding small business expansion and development projects is toasting a major benchmark: More than a half-billion dollars in loans closed on projects underway or completed in 36 states and Puerto Rico.

ALTAMONTE SPRINGS, Fla. --- Mercantile Capital Corp. reports the dollar volume of commercial loans it closed in June was up more than 284 percent over the same period last year.

Mercantile Capital Corporation, which ranks as one of the nation’s top providers of U.S. SBA 504 loans for small business owners reported it closed 8 commercial loans in May that will fund projects valued at over $17.8 million.

Mercantile Capital Corporation, ranked as one of the most active providers in the nation of U.S. SBA 504 loans for small business owners reports it financed commercial real estate projects valued at more than $46 million from January through April.

If you own a small business at some point need a small business loan. One secret that you will need to know is never give up when it comes to getting financing. Find out a simple way to get this accomplished. First time business loans made easy.

Mercantile Capital Corporation, which ranks as one of the nation's largest providers of SBA 504 loans for small business owners, is about to be honored as the 2010 SBA Florida and 12-state Southeast District Financial Services Champion.

Mercantile Capital Corp., which ranks as one of the nation’s largest providers of U.S. SBA 504 loans for small business owners reports it closed on two commercial property loans in February that totaled over $8.3 million on total project costs.

Mercantile Capital Corporation, Inc., which specializes in U.S. SBA 504 loans for small business owners reports it closed on 12 commercial loans for more than $35.7 million in total project costs during the first quarter which ended March 31.

One of the best loans to get for a start up is a business line of credit. This type of loan can be easier to qualify for and can be used like a credit card without the risk of high interest rates.

Mercantile Capital Corporation, which primarily specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, reports it has begun expanding internationally.

Women and minority small business owners may find a helping hand from the different Small Business Administration loan programs. The SBA 7a, 504, and the Microloan can accommodate just about any women or minority small business.

Commercial banks are only lending through the SBA loan program. Defense budget helps fund the SBA. So if you don’t know how to play the SBA Loan game you better start learning. SBA Guarantee makes it easy for banks to fund SBA Loan.