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November 9, 2011 Real Estate news in Altamonte Springs,Florida, United States of America
Mercantile Capital Corporation, a leading provider of US SBA 504 loans for small business owners, closed a commercial loan for Thompson’s Auto Service recently for $306,000 in total project costs.
FOR IMMEDIATE RELEASE
Altamonte Springs,
Florida,
United States of America
(Free-Press-Release.com) November 9, 2011 --
Altamonte Springs, Fla./ November 9 – Mercantile Capital Corporation, which ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, closed a commercial loan for Thompson’s Auto Service, LLC recently for $306,000 in total project costs.
Thompson’s Auto Service is an auto repair shop, started in July 2007 by Jesse Thompson and his son, Jason. Combined they have over 50 years of experience in the auto service industry.
"We're excited about doubling the size of our space, which will allow for more efficient operations and future expansion,” said co-owner, Jason Thompson. “Kudos to the folks at Seaside Mortgage and Mercantile, who made this a smooth process and got the deal closed for us."
The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Thompson’s Auto Service, LLC, have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers, like the Thompsons, to own their commercial property with the highest cash-on-cash return financing available, without tying up their precious capital, so they can grow even faster.
For more information, visit www.TheSmartChoiceLoan.com and www.504Blog.com.
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