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Mercantile Capital Corporation Provides Commercial Real Estate Loan in Orlando, FL Worth $224,000
November 17, 2011 Real Estate news in Altamonte Springs,Florida, United States of America
Mercantile Capital Corporation, a leading providers of U.S. SBA 504 loans for small business owners, closed another commercial loan for The Divorce Center recently for $224,000 in total project costs.
FOR IMMEDIATE RELEASE
Altamonte Springs,
Florida,
United States of America
(Free-Press-Release.com) November 17, 2011 --
Altamonte Springs, Fla./ November 17 – 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 another commercial loan for The Divorce Center, PA recently for $224,000 in total project costs. Their first transaction closed in January 2009.
The Divorce Center, P.A. is a law firm specializing in marital and family law. The company presently has five attorneys and caters to both the Anglo and Hispanic communities.
“In this economic climate, many businesses are not able to get financing,” said owner, Howard Iken. “We had a critical need to expand our Orlando office. I did not want to take any chances, and based on my previous experience with Mercantile, I knew the transaction would go through. I was not disappointed, and everything happened on schedule, within the original cost estimates.”
The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like The Divorce Center, PA, have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers, like Howard Iken, 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 http://www.TheSmartChoiceLoan.com and http://www.504Blog.com.
504 loan program commercial property loan commercial real estate loan fl Mercantile Capital Corporation orlando SBA 504 Loan small business administration The Divorce Center
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