Mercantile Commercial Capital, LLC Reports it Closed on Three Commercial Loans that total more than $3.5 Million

ALTAMONTE SPRINGS, Fla. – Mercantile Commercial Capital, LLC, the Altamonte Springs firm that specializes in U.S. Small Business (SBA) 504 loans for small business owners, reported it closed on three commercial loans recently that total more than $3.5 million.

Christopher Hurn, president and chief executive officer of the firm said the loans closed include:

• $967,950 to McGrover Capital Management, a real estate mortgage brokerage firm headquartered in Orlando to provide long term financing to acquire a 3,529 square foot office condominium. The total project cost, including acquisition and renovations, was $1,075,500.
• $1,482,750 to Bucks County Wellness Centre, to acquire a 10,000 square foot building in Newtown Township, Pa. to expand its practice to chiropractic, massage therapy.
• $1,072,800 to Dari Pizza Enterprises II, Inc., to acquire and renovate a 5,200 square foot restaurant facility in Toledo, Ohio.

Mercantile Commercial Capital has provided 34 loans sine Jan. 1, with a volume of more than $63.6 million.

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