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  • Mercantile Capital Corporation Provides Equipment Loan for Apparel Manufacturer in Brea, CA Worth $600,000
  • May 30, 2013
  • Mercantile Capital Corporation (MCC), one of the nation's leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners, recently closed an equipment loan for AST Sportswear, Inc. for $600,000 in total project costs.

    The purpose of this loan was to purchase FF&E for a 115,810 square-foot commercial building that MCC financed in December of 2012. The equipment will be used by AST Sportswear, Inc. to support the expansion of its apparel manufacturing operations. AST has said that the new state of the art equipment, such as its box packaging system, racking system, security system and air systems will help the company to become more efficient, increase production and raise the bar of American made products.

    ...
  • View more at: http://www.1888pressrelease.com/mercantile-capital-corporation-provides-equipment-loan-for-a-pr-473949.html