Guaranteed, 24 hours or less, 39-step Pre-Approval Letter Process™

MCC’s 24 Hour Pre-Approval Process for SBA 504 Loans

Click here to watch a video from Chris on Mercantile Commercial Capital’s 24 Hour Pre- Approval Process!

At Mercantile Commercial Capital, we understand that for small business owners especially, time is a valuable and often scarce commodity. As small business owners ourselves, we have these same constraints. We have therefore shortened our loan application requirements to the following required six documents for pre-approval (please understand that this is for pre-approval/pre-qualification purposes only and that a complete application will be required for a formal commitment letter, assuming approval).

Upon receipt of these documents and an approximate amount you would like to finance, we guarantee pre-approval within 24 hours (assuming you qualify). Just stop by or send us by fax, email, overnight mail or regular mail the following documents:

• The Authorization to Release Credit Information Form(s) for all principals*.
• Personal Financial Statement(s) for all principals*.
• The last three years of complete personal income tax returns for all principals*.
• The last three years of complete corporate tax returns for the business/operating company.
• Business Schedule of Liabilities on the business/operating company dated within the past 90 days.
• Interim financial statement(s) (Income Statement/Profit and Loss and Balance Sheet) for the business/operating company dated within the past 90 days.

CLICK HERE FOR THE FULL PRE-APPROVAL APPLICATION

* Principals are any proprietors, partners and stockholders owning 20% or more of voting stock and all guarantors.

Preferred projects are owner-occupied properties (acquisition or construction) between $500,000 and $5,000,000; however this is not an absolute requirement.

We sincerely look forward to helping you and your business. Please contact us with any questions or concerns you may have.