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Mercantile Commercial Capital, LLC, Closes on Four New Commercial Loans that Total $4.5M

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Done Deals
November 1, 2008

Mercantile Commercial Capital, LLC, Closes on Four New Commercial Loans that Total $4.5M

Altamonte Springs, FL – 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, reported it closed on four commercial loans in September that total $4.5 million.

Christopher G. Hurn co-founder and president of Mercantile Commercial Capital, said the largest loan — $2.35 million – went to a California landscaping company.

In September Mercantile Commercial Capital closed on two loans to Arizona companies and one to a Florida-based firm.

Since January, Mercantile Commercial Capital has closed on 33 loans to clients in 18 states that total $57.5 million.

Altogether, the loans helped to create 401 new jobs.