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Mercantile Capital Closes $3.7M Loan for Winter Haven Restaurant (Orlando Business Journal)

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Mercantile Capital Corp. closed a $3.7 million commercial loan for Guyer Corral Ventures LLC to finance the construction of a Golden Corral Buffet & Grill restaurant in Winter Haven.

Mercantile Capital Corp. recently closed a $3.7 million commercial loan for Guyer Corral Ventures LLC that will be used to finance the ground-up construction of a 7,500-square-foot, full-service Golden Corral Buffet & Grill restaurant in Winter Haven.

Construction is expected to take about four months. Golden Corral Buffet & Grill will host a groundbreaking event on May 8 at 5722 Cypress Gardens Blvd.

The target date for opening is September.

Orlando-based Mercantile Capital Corp. specializes in providing commercial property financing for small business owners via the U.S. Small Business Administration’s 504 loan program.