Mercantile Commercial Capital, LLC Reports Commercial Real Estate Loan Volume Up 29 Percent So Far This Year

ALTAMONTE SPRINGS, Fla. – Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Administration (SBA) 504 loans for small businesses who want to acquire or develop their own facilities, reported it closed on three commercial loans that totaled $8.6 million in April.

Geof Longstaff, chairman of the firm, said 16 commercial loans the firm closed from Jan. 1 through April 30 totaled $30 million. Longstaff said Mercantile Commercial Capital closed on 18 loans that totaled $23.2 million during the same period last year.

“That was more than 29 percent over the same period in 2006,” Longstaff said.

For more information, contact:
Chris Hurn, Mercantile Commercial Capital, LLC 407-786-5040
Geof Longstaff, Mercantile Commercial Capital, LLC 407-786-5040
Larry Vershel or Beth Payan, LV Communications, 407-644-4142