Growth Eyes Major Mercantile Capital Corporation loans in the first quarter, loans over $ 26 million for projects valued
Altamonte Springs, FL (openPR) 26 reported in February 2010
Mercantile Capital Corporation, it closed five commercial real estate loans worth more than 0.6 million cost of the project in January. The company, which counts as a leading provider of U.S. Small Business Administration (SBA) 504 loans in the nation, he appreciates it, a record earnings for first quarter of this year, with loans totaling more than a million dollars in total project costs.
Christopher G. Hurn
, president and CEO of Mercantile Capital Corporation, said the company closed three commercial real estate loans in the first quarter of 2009. The company ended the year with 35 closed loans worth more than 0.1 million in total project costs.
“This year,” Hurn said, “Mercantile Capital is expected on loans that represent more than 3 million in projects Total <>. / p>
Hurn said the largest project of Mercantile Capital in January amounted to € 0.7 million for the construction and improvement of the convenience store in Las Vegas.
For more information about this press release please contact:
G. Geoffrey Longstaff, Chairman, Mercantile Capital Corporation 407-786-5040
Christopher G. Hurn, CEO, Mercantile Capital Corporation, 407-786-5040
Vershel Larry, Communications 407-644-4142 Vershel Lvershelco Larry (at) aol (dot) com
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Commercial Loans