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Mercantile Capital Corporation Names Veteran Banker Penny Brake Portfolio Manager

Mercantile Capital Corporation, a wholly-owned subsidiary of Old Florida National Bank, that 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, has appointed Penny Brake as portfolio manager.

Geof Longstaff, chairman at Mercantile Capital Corporation, said Brake has more than 26 years of experience in the banking industry, including a fifteen (15) year tenure with Florida Community Bank, formerly First National Bank of Central Florida.