MCC August Closings!
MCC is pleased to announce the following four loans closed last month:
Gettings Productions (refinance)
$1,518,000 |
Gettings Productions, Inc. is a live event production company that provides high quality production and meeting support for small to large corporations. Their goal is to demonstrate the importance and the profitability potential that can be achieved when creativity and entertainment are combined with business ideas in the corporate world. The company’s services include all aspects of meeting organization and planning, as well as the physical arrangements of staging, lighting, sound, music, talent, video, and graphics. Some of Gettings Productions’ largest clients include Princess House, the Air Force Association, Mannatech, and Swarovski to name a few.
We refinanced their 8,126 SF building located in Ocoee, Florida with a 25-year fully amortizing term at a very attractive ten-year fixed interest rate. |
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Please visit: www.gettings.net |
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ADS Telecom (acquisition with renovations)
$1,602,350 |
ADS Telecom offers equipment, installation, data cabling, training, technical support, and repair, as well as long distance and local telephone service. When a company plans to purchase a system, ADS Telecom's consultants work with them to select the equipment and software that best suits their needs and budget. All of ADS’ personnel receive extensive training on products, installation, system design, support, and repair.
We provided permanent long term financing for the purchase and interior build-out of a 8,645 SF office condominium located in Maitland, Florida for their new corporate headquarters. Their 25-year fully amortized loan was 90% of the total project costs (loan-to-cost) and included a competitive ten-year fixed interest rate.
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Access Audio Visuals (acquisition)
$338,000 |
Access Audio Visuals, Inc. (AAV) is directed and managed with more than 23 years of professional experience in audio visual rentals and staging. They have supervised successful audio visual presentations in facilities of all sizes from breakout rooms to general sessions and large, complex staged events. The company has worked in hotels, public facilities, convention centers and unique venues of all types. Their staff’s expertise spans deliveries for multimedia presentations with slide projectors in the late 70’s to staging events with digital projectors and web casting in the new millennium.
We provided long-term, 90% loan-to-cost financing for a 3,200 SF office warehouse located in South Orange Business Park in Orlando, Florida. This will serve as their Florida branch office as their main corporate offices are in Alexandria, Virginia.
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Please visit: www.accessav.com |
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Pain & Injury Recovery Center (acquisition with renovations)
$214,800 |
The Pain and Injury Recovery Center was established in November, 2002 by Joycie Baker, and offers restoration for the mind, body, and spirit. Their purpose is to educate people, and to restore and maintain good health. They also provide quality therapeutic and chiropractic health care in a warm and inviting professional environment.
We provided long term, 90% loan-to-cost financing for their new office condominium located in Orlando, Florida.
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"I first approached MCC after being referred to them for their high quality customer service and quick and creative underwriting. At that time, they quickly and honestly advised me that my project was too ambitious based on the performance of my company at that time, but that they would be happy to work with me if I scaled the project back. I was determined to see my vision through so I proceeded to waste nearly twelve months being strung-along by two other lenders who told me what I wanted to hear, but couldn’t come through. I eventually went back to MCC, in part because they had been right and were so quick to come to their conclusion in the first place. My business operations had continued to grow and based on my progress, MCC quickly approved me for an even larger construction-to-permanent loan than the one I had originally sought. It’s truly ironic and funny how all of this worked out. I probably could not have done this without the honest and fast feedback and professionalism of MCC. I am truly grateful and look forward to building more locations with them soon."
- Matt DeMike, Owner
Boardwalk Pizza
Client from 2004 |
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MCC New Hires and Promotion!
We would like to announce some new additions and recent changes to our MCC team! |
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Adam Wonus
Marketing Assistant
Adam joins us as a graduate of Ohio University where he was Vice Chair of The Sales Centre, a program designed to develop an appreciation for the world of business through sales coursework, internships, workshops, and professional development seminars. He was also the Vice President of Sales for the American Marketing Association (AMA) and Vice President of Finance for ExSell, a student led business start-up. In addition, Adam also won first place in Ohio Business Week, for his development of a strategic business plan, judged by local business executives.
In Adam's new position with MCC, he will be assisting with company marketing, public relations, business development and advertising. |
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Robin Lashley
Administrative Assistant
Robin joins us after working as an Administrative Assistant for two information departments at a large law firm in Washington D.C. Before moving to D.C., Robin worked for the business office at Harding University in Searcy, Arkansas, where she graduated in December of 2003 with a degree in Marketing.
Robin will most likely be the voice you hear when calling us, and she will also be responsible for managing our corporate database, helping with marketing administration, and various other ad hoc projects within the company. |
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Trey Colson
Marketing Manager
Trey joined MCC as a Business Development Associate and will now become the company's first Marketing Manager. Trey's new responsibilities will include: management of the company's Internship Program, direct mail campaigns, franchise "Preferred Lending Programs," and many other marketing and advertising tasks within the department. |
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MCC Events!
Please feel free to join us at the following upcoming events:
September 14,
2005 - Disney/SBA National Entrepreneur Center (NEC)
- "The 90% Loan-to-Cost Advantage" workshop - Limited
space available! - Click
here for more event information.
October 20, 2005 (6:00pm until 8:00pm) - Association for Corporate Growth (ACG) presentation in Orlando, Florida at the Citrus Club - Chris Hurn and Geof Longstaff will be presenting MCC's "story" and how we help small business owners. - Click here for more event information.
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If you would like to host MCC for a presentation at your next corporate meeting or event, please contact us at 407-786-5040 or info@mercantilecc.com.
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"Both my husband and I were very happy with Mercantile Commercial Capital and their staff. We had never purchased commercial property before and were unaware of how different it is from purchasing residential property. The professionalism of Mercantile and its staff guided us through this very confusing process. Once Mercantile became involved, the whole project went smoothly. We would like to thank Geof Longstaff, Chris Hurn, Dawn Yannucci and Tony Zara for making this happen. We would highly recommend them to anyone contemplating the purchase of commercial property."
- Christine Finan, Owner
Aabsolute Massage and Skin Care
Client from 2005 |
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Do you know someone who wants to own commercial property?
Tell us by calling 407-786-5040 or sending us an email at info@mercantilecc.com. You could receive a free gift, and we promise to take great care of your referrals.
DON'T BUY COMMERCIAL REAL ESTATE BEFORE SPEAKING WITH US!
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For more information about MCC or our 504 Loan Program that provides 90% loan-to-cost financing of owner-occupied commercial real estate with longer amortizations at below market, long-term fixed interest rates, please visit MCC online at www.504experts.com, or call us toll free, nationwide at 1-866-622-4504.
In South Florida, please contact Janet Garcia at jgarcia@mercantilecc.com or 305-632-1992.
In Illinois please contact John Atchley at jatchley@mercantilecc.com or 630-640-1528.
Respectfully yours,
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Christopher G. Hurn
President/CEO/Co-Founder
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G. Geoffrey Longstaff
Chairman/Co-Founder
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Fulfilling Dreams with Smarter Financing.
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