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Winter Park / Maitland Observer
Thursday, December 13, 2012

Real Estate Briefs

Mercantile Closes $364 Million in Loans

Since Jan. 1, Mercantile Capital Corp. has closed more than 85 commercial loans to finance projects totaling $364 million, and by the end of the year that total could reach $450 million, Christopher Hurn, chief executive officer of Mercantile Capital, said.

Mercantile Capital 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.