Mercantile Capital Corporation, which 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, closed a commercial loan for Holiday Inn Express & Suites recently in Columbus, Georgia.
The Holiday Inn Express & Suites is conveniently located near many of Columbus’ best attractions such as the Coca Cola Space Science Center, Callaway Gardens, and the Chattahoochee Riverwalk. The 4-story interior corridor hotel property has 88 rooms including 15 suites, plus a 24-hour business center and a breakfast bar. They also have an outdoor heated pool and an indoor whirlpool spa, and the lobby features a 750-gallon aquarium.
“Mercantile Capital was great to work with and made the process very simple,” said owner, Darren Phillips.
The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers, like Darren Phillips, to own their commercial property with the highest cash-on-cash return financing available, without tying up their precious capital, so they can grow even faster.