Latest News & Updates from the 504 Experts - PRWeb Press Release Group

Mercantile Capital Corporation Closes 14 Commercial Loans in June - - Nine Year Old Company Approaches Billion Dollar Loan Mark

Tue, 17 Jul 2012 13:00:00 GMT

Mercantile Capital Corporation, one of the nation’s leading providers of US SBA 504 loans to small business owners who want to acquire their own facilities, closed 14 commercial property loans in June to finance projects valued at over $66 million.

(PRWeb July 17, 2012)

Read the full story at http://www.prweb.com/releases/2012/7/prweb9705239.htm

Mercantile Capital Corp. Reports 2010 Shaping Up As Best Year in the Company's History

Tue, 07 Dec 2010 13:00:00 GMT

Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, which specializes in U.S. Small Business Administration 504 loans that assist small business owners acquiring or developing their own facilities, is having the best year in the company's eight year history.

(PRWeb December 07, 2010)

Read the full story at http://www.prweb.com/releases/2010/12/prweb4869164.htm

Old Florida National Bank and Mercantile Capital Corporation Announce Merger Agreement

Thu, 26 Aug 2010 07:01:00 GMT

Old Florida National Bank and Mercantile Capital Corporation have entered into a merger agreement. Old Florida National Bank (Old Florida), headquartered in downtown Orlando, expects the merger to be finalized in the late fourth quarter or early first quarter of 2011.

(PRWeb August 26, 2010)

Read the full story at http://www.prweb.com/releases/2010/08/prweb4429744.htm

Mercantile Capital Corporation Finances U.S. Small Business Development Projects That Total More Than $500 Million

Wed, 18 Aug 2010 07:01:00 GMT

A Florida-based lender that specializes in funding small business expansion and development projects is toasting a major benchmark: More than a half-billion dollars in loans closed on projects underway or completed in 36 states and Puerto Rico.

(PRWeb August 18, 2010)

Read the full story at http://www.prweb.com/releases/2010/08/prweb4393374.htm

Mercantile Capital Corporation Reports Big Increase in Commercial Property Loans

Wed, 07 Apr 2010 21:30:31 GMT

Mercantile Capital Corporation, Inc., which specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, reports it closed on 12 commercial loans for more than $35.7 million in total project costs during the first quarter which ended March 31.

(PRWeb April 07, 2010)

Read the full story at http://www.prweb.com/releases/2010/04/prweb3820274.htm

Mercantile Capital Corporation Eyes Major Lending Growth in First Quarter, Projects Loans Valued at Over $26 Million

Fri, 26 Feb 2010 08:00:00 GMT

Mercantile Capital Corporation reports it closed on five commercial property loans worth more than $11.6 million in total project costs in January. The firm, which ranks as one of the largest providers of U.S. Small Business Administration (SBA) 504 loans in the nation, predicts it will see a record first quarter this year with loans worth more than $26 million in total project costs.

(PRWeb February 26, 2010)

Read the full story at http://www.prweb.com/releases/2010/02/prweb3650234.htm

Mercantile Capital Corp. Reports 14.5 Percent Jump in Commercial Lending Volume in 2009

Thu, 14 Jan 2010 08:01:00 GMT

Mercantile Capital Corporation, the Altamonte Springs firm that ranks as one of the largest providers of U.S. Small Business Administration (SBA) 504 loans in the nation, reported it saw a 14.5 percent increase in lending volume in 2009 over 2008 dollar volume totals. Chris Hurn, president of Mercantile Capital Corporation, said the number of transactions declined slightly in 2009 but loan amounts---to small business owners who want to acquire or develop their own facilities---increased.

(PRWeb January 14, 2010)

Read the full story at http://www.prweb.com/releases/2010/01/prweb3447124.htm

Mercantile Capital Corp Reports Record Low Interest Rate on SBA 504 Loans; Good News for Small Business Owners

Tue, 15 Sep 2009 07:01:00 GMT

Mercantile Capital Corporation, which specializes in U.S. Small Business Administration (SBA) 504 loans for owners of small businesses who want to acquire their own facilities, reports a record low for the 20-year fixed interest rate on SBA 504 loan projects. This month, the rate fell to 5.14 percent, the lowest since the program's inception more than 25 years ago.

(PRWeb September 15, 2009)

Read the full story at http://www.prweb.com/releases/2009/09/prweb2882554.htm

Mercantile Capital Corporation Sees Jump in Lending Volume in August, to Finance I-Drive Hotel, Suburban Atlanta Dental Office Among Others

Fri, 11 Sep 2009 07:05:00 GMT

Mercantile Capital Corporation, which ranks as one of the nation's leading provider of U.S. Small Business Administration (SBA) 504 loans saw a big jump in commercial loan volume in August.

(PRWeb September 11, 2009)

Read the full story at http://www.prweb.com/releases/2009/09/prweb2861954.htm

Large SBA Lender Says Congressional Reforms Misguided, Proposes Simple Changes to Existing Loan Program for Major Economic Stimulus

Thu, 28 Feb 2008 20:20:50 GMT

The toll that the tightening credit market is taking on small businesses' access to capital has spurred bills in the U.S. Congress aimed at curbing the fees and increasing the maximum size of Small Business Administration loans under the agency's most popular lending program. The president and CEO of Mercantile Commercial Capital, one of the country's largest SBA lenders, Chris Hurn is writing to congressional leaders and the SBA to indicate that the proposed changes are misguided and suggest reforms for the SBA 504 loan program that he believes would make a significant positive impact during the current economic downturn.

(PRWeb February 28, 2008)

Read the full story at http://www.prweb.com/releases/2008/02/prweb729133.htm

The Truth Behind the SBA's Record-breaking Numbers: One Lending Program Flourishes While the Other Flounders

Thu, 17 Jan 2008 08:01:00 GMT

The U.S. Small Business Administration's (SBA) 504 loan program has grown tremendously over the past five years, whereas its 7(a) loan program has been steadily decreasing in dollar volume. The 7(a) loan has played a large part in giving the SBA its problematic reputation, but the growth of the advantageous 504 loan is turning that reputation around.

(PRWeb January 17, 2008)

Read the full story at http://www.prweb.com/releases/2008/01/prweb630881.htm

Mercantile Commercial Capital, LLC Reports 25 New Commercial Loans in First Half of Year that Total More than $42 Million

Fri, 27 Jul 2007 07:01:00 GMT

Mercantile Commercial Capital, LLC, which ranks as one of the lending providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, reported it closed on 25 new commercial loans from Jan. 1 through June 30 that total more than $42 million in project costs.

(PRWeb July 27, 2007)

Read the full story at http://www.prweb.com/releases/2007/07/prweb542302.htm

Office Rents Skyrocket Across the Nation; Sharpest Increases in 7 Years Begin Affecting Small Business Owners

Thu, 26 Jul 2007 14:00:52 GMT

Christopher G. Hurn, President/CEO of Mercantile Commercial Capital, LLC, which ranks as one of the nation's leading providers of commercial loans for small business owners who want to acquire or develop their own facilities, reported recent findings from the real-estate research firm, Reis Inc.

(PRWeb July 26, 2007)

Read the full story at http://www.prweb.com/releases/2007/07/prweb542611.htm

Mercantile Commercial Capital, LLC Expands Correspondent Offices Nationwide

Thu, 26 Jul 2007 13:59:02 GMT

Mercantile Commercial Capital, LLC, a leading provider of U.S. Small Business Administration (SBA) 504 loans has expanded its correspondent offices nationwide.

(PRWeb July 26, 2007)

Read the full story at http://www.prweb.com/releases/2007/07/prweb542294.htm

Mercantile Commercial Capital, LLC Named to INC Magazine's List of 500 Fastest Growing U.S. Companies

Wed, 25 Jul 2007 07:01:00 GMT

Mercantile Commercial Capital, LLC, which ranks as one of the leading providers of Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, will rank among the nation's 500 fastest growing companies when INC Magazine publishes its INC 500 list later this year.

(PRWeb July 25, 2007)

Read the full story at http://www.prweb.com/releases/2007/07/prweb542288.htm

Mercantile Commercial Capital Announces Annual "Boatie" Awards

Wed, 21 Mar 2007 07:01:00 GMT

Mercantile Commercial Capital LLC, the Altamonte Springs firm that ranks as one of the largest U.S. providers of Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, awarded 10 "Boatie" Awards for outstanding contributors in 2006.

(PRWeb March 21, 2007)

Read the full story at http://www.prweb.com/releases/2007/03/prweb512643.htm

Mercantile Commercial Capital Launches First Phase of Nationwide Expansion Program Targeting 150 US Markets

Fri, 23 Feb 2007 08:01:00 GMT

Mercantile Commercial Capital, LLC, 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, has launched a nationwide expansion program that will focus on as many as 150 local markets.

(PRWeb February 23, 2007)

Read the full story at http://www.prweb.com/releases/2007/02/prweb506844.htm

Mercantile Commercial Capital Reports Record Year for Commercial Loans in 2006

Fri, 23 Feb 2007 08:01:00 GMT

Mercantile Commercial Capital, LLC, 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, reported a record volume of commercial loans in 2006.

(PRWeb February 23, 2007)

Read the full story at http://www.prweb.com/releases/2007/02/prweb506841.htm

Mercantile Commercial Capital, LLC Reports Closings on Eight Commercial Loans Worth More than $13.4 Million in June and July

Thu, 07 Sep 2006 07:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, closed on eight commercial loans that totaled more than $ 13.4 million in June and July and helped to create more than 101 new jobs.

(PRWeb September 07, 2006)

Read the full story at http://www.prweb.com/releases/2006/09/prweb433250.htm

Mercantile Commercial Capital President Named Top Male “40 Under 40” Executive In Central Florida

Thu, 10 Aug 2006 07:00:00 GMT

Christopher Hurn, president of Mercantile Commercial Capital in Altamonte Springs, was recently named the Top Male “40 Under 40” of all executives to watch in Central Florida by Orlando Business Journal, a leading Central Florida business news outlet.

(PRWeb August 10, 2006)

Read the full story at http://www.prweb.com/releases/2006/08/prweb422049.htm

Mercantile Commercial Capital Closed 27 New Loans that Totaled more than $31 Million in Total Project Costs During First Half of 2006

Wed, 19 Jul 2006 07:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Association (SBA) 504 loans for business owners who want to acquire or develop their own facilities, reported it closed on 27 new loans from Jan. 1 through June 30 that totaled more than $31 million in total project costs.

(PRWeb July 19, 2006)

Read the full story at http://www.prweb.com/releases/2006/07/prweb412753.htm

Mercantile Commercial Capital, LLC Closes Five Commercial Loans that Total More than $5.8 Million in Total Project Costs

Wed, 19 Jul 2006 07:00:00 GMT

Mercantile Commercial Capital, LLC, based in Altamonte Springs, reported it closed five new commercial loans in June that totaled more than $5.8 million in total project costs.

(PRWeb July 19, 2006)

Read the full story at http://www.prweb.com/releases/2006/07/prweb412751.htm

Mercantile Commercial Capital Eyes Record Year

Mon, 10 Jul 2006 07:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, expects to close on a record number of loans this year.

(PRWeb July 10, 2006)

Read the full story at http://www.prweb.com/releases/2006/07/prweb408399.htm

Mercantile Commercial Capital, LLC Closed Five Commercial Loans Worth More than $5.3 Million in April to Create 42 New Jobs

Mon, 29 May 2006 12:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) loans for small business owners who want to acquire or develop their own commercial facilities, closed five commercial loans in April for more than $5.3 million.

(PRWeb May 29, 2006)

Read the full story at http://www.prweb.com/releases/2006/05/prweb390730.htm

Mercantile Commercial Capital President Named Banker of the Year by National Association of Development Companies

Fri, 26 May 2006 12:00:00 GMT

Christopher G. Hurn, president of Mercantile Commercial Capital, LLC in Altamonte Springs, was honored as 2006 SBA 504 Banker of the Year by the National Association of Development Companies at the NADCO annual meeting held at Walt Disney World recently. NADCO is the 504 Loan industry's only trade association, and this is their highest individual honor.

(PRWeb May 26, 2006)

Read the full story at http://www.prweb.com/releases/2006/05/prweb390167.htm

Mercantile Commercial Capital, LLC Honored with Three Awards

Mon, 15 May 2006 12:00:00 GMT

Mercantile Commercial Capital, LLC, the Altamonte Springs-based firm that specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, was recently honored with three major industry awards.

(PRWeb May 15, 2006)

Read the full story at http://www.prweb.com/releases/2006/05/prweb384620.htm

Mercantile Commercial Capital, LLC Reports it Closed Four Commercial Loans in March for more than $4.4 Million

Sun, 14 May 2006 12:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) loans for small business owners who want to acquire or develop their own commercial facilities, reported it closed on four commercial loans in March for more than $4.4 million.

(PRWeb May 14, 2006)

Read the full story at http://www.prweb.com/releases/2006/05/prweb384909.htm

Big Surge in First Quarter Commercial Loans puts Mercantile Commercial Capital, LLC on Track for another Record Year

Sat, 13 May 2006 12:00:00 GMT

Mercantile Commercial Capital, LLC, the Altamonte Springs-based firm that specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, reported a big surge in commercial lending during the first three months of 2006.

(PRWeb May 13, 2006)

Read the full story at http://www.prweb.com/releases/2006/05/prweb384616.htm

Mercantile Commercial Capital, LLC to Offer Commercial Financing Options at National Association of Development Companies (NADCO) Annual Meeting at Walt Disney World

Sat, 13 May 2006 12:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own commercial facilities, plans to offer its financial expertise at the upcoming annual meeting of the National Association of Development Companies (NADCO) at Walt Disney World’s Swan Hotel, May 3-6.

(PRWeb May 13, 2006)

Read the full story at http://www.prweb.com/releases/2006/05/prweb384613.htm

Mercantile Commercial Capital President to Participate in Major Franchise Finance, Development Conference

Sat, 13 May 2006 12:00:00 GMT

Christopher G. Hurn, president of Mercantile Commercial Capital, LLC will be one of the featured speakers at the Franchise Times’ 9th Annual Franchise Finance and Development Conference in Las Vegas, May 9.

(PRWeb May 13, 2006)

Read the full story at http://www.prweb.com/releases/2006/05/prweb384603.htm

Mercantile Commercial Capital Promotes Zara, Wonus, and names Filley Senior Loan Analyst

Sat, 13 May 2006 12:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, recently promoted two executives and appointed a third.

(PRWeb May 13, 2006)

Read the full story at http://www.prweb.com/releases/2006/05/prweb384599.htm

Mercantile Commercial Capital, LLC Closed on Four Commercial Real Estate Loans in January worth more than $7 million

Sat, 13 May 2006 12:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, closed on four commercial real estate loans in January that totaled more than $7 million.

(PRWeb May 13, 2006)

Read the full story at http://www.prweb.com/releases/2006/05/prweb384591.htm

Mercantile Commercial Capital, LLC, Reports it Closed Five Commercial Loans in December for more than $5.9 Million

Sat, 13 May 2006 12:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) loans for small business owners who wish to acquire or develop their own facilities, reported it closed on five commercial loans in December for $5.9 million and completed construction on three more projects valued at $2.5 million

(PRWeb May 13, 2006)

Read the full story at http://www.prweb.com/releases/2006/05/prweb384585.htm

Mercantile Commercial Capital Reports it Closed on 47 Commercial Loans in 2005 that Totaled More Than $48 Million

Thu, 20 Apr 2006 12:00:00 GMT

Mercantile Commercial Capital (MCC) reports it closed on 47 commercial loans in 2005 that totaled more than $48 million. MCC specializes in U.S. Small Business Administration 504 loans for small business owners who want to acquire or develop their own facilities.

(PRWeb April 20, 2006)

Read the full story at http://www.prweb.com/releases/2006/04/prweb374061.htm

Mercantile Commercial Capital, LLC Reports it Closed Four Commercial Loans in February for more than $3.4 Million

Thu, 20 Apr 2006 12:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) loans for small business owners who want to acquire or develop their own commercial facilities, reported it closed on four commercial loans in February for more than $3.4 million.

(PRWeb April 20, 2006)

Read the full story at http://www.prweb.com/releases/2006/04/prweb374090.htm

Central Florida Real Estate Society Honors Mercantile Commercial Capital

Thu, 20 Apr 2006 12:00:00 GMT

Mercantile Commercial Capital LLC, the Altamonte Springs-based firm that specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, was honored by the Central Florida Commercial Real Estate Society at its annual Hallmark Awards recently.

(PRWeb April 20, 2006)

Read the full story at http://www.prweb.com/releases/2006/04/prweb374087.htm

Mercantile Commercial Capital Honors Area Commercial Property Brokers with 'Boatie' Awards

Thu, 20 Apr 2006 12:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, recently honored top commercial real estate specialists with its first-ever "Boatie" awards.

(PRWeb April 20, 2006)

Read the full story at http://www.prweb.com/releases/2006/04/prweb374084.htm

Mercantile Commercial Capital Raises More Than $1,700 for Hurricane Katrina Victims at Third Anniversary Reception

Thu, 20 Apr 2006 12:00:00 GMT

Mercantile Capital Commercial Capital, LLC, recently collected more than $1,700 for Hurricane Katrina victims during the firm’s third anniversary reception at its headquarters in Altamonte Springs. MCC specializes in U.S. Small Business Administration 504 loans for small business owners who want to acquire or develop their own facilities.

(PRWeb April 20, 2006)

Read the full story at http://www.prweb.com/releases/2006/04/prweb374079.htm

President / CEO OF Mercantile Commercial Capital Participates in Condominium Summit in Fort Lauderdale

Thu, 20 Apr 2006 07:00:00 GMT

Christopher G. Hurn, president and chief executive officer at Mercantile Commercial Capital, LLC, recently participated in the first annual Commercial Property News (CPN) Condominium Summit in Fort Lauderdale where he served as a member of a panel discussing commercial condominiums. MCC specializes in U.S. Small Business Administration 504 loans for small business owners who want to acquire or develop their own facilities.

(PRWeb April 20, 2006)

Read the full story at http://www.prweb.com/releases/2006/04/prweb374067.htm

Mercantile Commercial Capital Eyes Increasingly Popular “R & R” Trend — Renovating, Repositioning Commercial Properties

Wed, 15 Mar 2006 13:00:00 GMT

Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, hopes to capitalize on a growing trend — recycling older commercial properties for more stylish contemporary use.

(PRWeb March 15, 2006)

Read the full story at http://www.prweb.com/releases/2006/03/prweb358197.htm