Home » Real Estate Articles » Mercantile Capital Corporation Provides Three Commercial Real Estate Loans in Ohio Worth Over $4.3 Million in Total Project Costs
Mercantile Capital Corporation Provides Three Commercial Real Estate Loans in Ohio Worth Over $4.3 Million in Total Project Costs
Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans for small business owners, recently refinanced three Max & Erma's locations for $4,307,000 - located in Lancaster, Findlay and Chillicothe.
ALTAMONTE SPRINGS, FL, December 03, 2011 /Real Estate PR News/ -- 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, recently refinanced three Max & Erma's locations for $4,307,000 in total project costs, located in Lancaster, Findlay and Chillicothe.
The Max & Erma's concept originated in 1981 and comprises 51 corporate owned locations and 23 franchise locations located throughout Ohio, Michigan and Pennsylvania. The concept is a casual dining atmosphere specializing in gourmet burgers with each location decorated with local artifacts.
"I talked to 20 different banks until I found MCC, and they got to work on my loan quickly," said owner, David Denti. "The process was not without its bumps, but MCC continued to encourage and reassure us that we were going to get this deal done. They really know what they're doing, and I wouldn't want anybody else working for me when it comes to dealing with the SBA."
The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Max & Erma's, have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers, like David Denti, 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.504Experts.com and http://www.504Blog.com.
Mercantile Capital Corporation ranks as one of the most active providers of SBA 504 loans nationwide, providing owners of small and mid-sized businesses the option to own commercial property with up to 90 percent loan-to-cost financing. Visit www.504Experts.com or www.504blog.com for more information.
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Press Release Contact Information:
Chris Hurn
Mercantile Capital Corporation
CEO
940 Centre Circle, #3006
Altamonte Springs, FL
United States 32714
Voice: 407-786-5040
Fax: 407-682-1632
Website: Visit Our Website |
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