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  • Mercantile Capital Corporation Ends Record Quarter with $81.9 Million Financed
  • April 11, 2012
  • Mercantile Capital Corporation, which specializes in U.S. Small Business Administration 504 loans to small business owners, reports its first quarter loan volume was the highest in the company's 9-year history: 24 loans for $81.9 million in total project costs.

    Mercantile Capital Corporation, which specializes in U.S. Small Business Administration (SBA) 504 loans to small business owners who want to acquire, enhance, or refinance their own facilities, reports it closed six commercial loans in March to finance projects valued at more than $31.5 million.

    Geof Longstaff, chairman of Mercantile Capital Corporation, said the firm's largest single loan in March helped finance the $14.5 million acquisition of a Holiday Inn & Suites at Salt Lake City Intern...
  • View more at: http://www.1888pressrelease.com/mercantile-capital-corporation-ends-record-quarter-with-81-pr-388821.html