Saturday, June 4, 2011

Mercantile Capital Corporation closes on loans in May to finance commercial real estate projects valued at more than $11.6 million



ALTAMONTE SPRINGS, FL --- Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, closed on loans to finance commercial real estate projects valued at more than $11.6 million in May.

Geof Longstaff (top right photo), chairman of Mercantile Capital Corporation, said the firm’s largest single loan financed the construction of a $6.5 million multi-specialist medical office facility in Newport Beach, Calif.

Mercantile Capital Corporation ranks as one of the nation’s largest providers of  U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities.

 and post: www.504blog.com
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For more information about this press release, contact:
Geof Longstaff, Chairman, Mercantile Capital Corporation, 407-786-5040 GLongstaff@Mercantilecc.com
 Chris Hurn, Chief Executive Officer Mercantile Capital Corporation, ChrisHurn@MercantileCC.com  , 407-786-5040
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

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