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 Mercantile Capital Corp. Announces Record Year, Plans Expansion in 2013- Mercantile Capital Corp. Announces Record Year, Plans Expansion in 2013
- January 21, 2013
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Mercantile Capital Corporation today announced that 2012 was a record year for the nearly 10-year-old company, which specializes in providing commercial property financing for small business owners via the U.S. Small Business Administration 504 loan program.
Christopher Hurn, CEO of Mercantile Capital Corporation, said the company finished the year having closed loans on more than $424.2 million in total project costs. This record loan volume is an increase of 143 percent from Mercantile's 2011 loan volume of $174.4 million, which was the previous record for the commercial lender.
Since Mercantile opened for business in 2002, the company has provided nearly 500 loans to finance commercial real estate projects worth more than $1.16 billion in tota...
- View more at: http://www.1888pressrelease.com/mercantile-capital-corp-announces-record-year-plans-expans-pr-450570.html
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