600 loans and counting

600 SBA 504 loans and counting.

In the sports world, 600 is a pretty significant milestone. Eight major league baseball players have hit 600 home runs (some with asterisks). Eighteen hockey players have scored 600 goals. The longest NASCAR race is 600 miles. The closest anyone has come to 600 passing touchdowns in the NFL is Peyton Manning with 539, and Norm Van Brocklin almost threw for 600 yards (554) in a single game back in 1951. Six hundred is a big number, and we’ve now cleared that milestone in terms of loans closed.

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Q3 2015

Q3 2015 & Our Second Four-peat

It’s hard to believe, but 75% of 2015 is history. Halloween is almost here, which means Christmas isn’t far behind, and Thanksgiving will fall sometime in between. Next year will probably get here much sooner than most of us would like, but it’s not here yet, so let’s talk about what’s going on now. Check […]

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Mashup Marketing: The Peace Day Burger

Mashup Marketing: The Peace Day Burger

HAVE YOU HEARD ABOUT THE PEACE DAY BURGER?

Burger King, in an open letter and in celebration of The International Day of Peace (September 21), proposed a ceasefire to the ongoing burger war it has waged with McDonald’s. The Peace Day Burger would “blend the best bits of the Whopper and Big Mac” to create the “McWhopper.” The letter ran in full-page ads in The New York Times and Chicago Tribune, and Burger King even built a website and posted YouTube videos explaining the logic and potential assembly of this mashup burger.

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When Speed is Critical, They Call Mercantile

When Speed is Critical, They Call Mercantile

Back in June, we closed an SBA 504 loan in four days. Read that again: we closed a loan in four days. This particular loan was for the acquisition of an industrial facility totaling 177,749 SF for a manufacturer called Dynamic Integrated Solutions in San Jose, CA. The total project cost was $16.6 million and we provided […]

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Can Any Lender Do a 504 Loan

Can Any Lender Do a 504 Loan?

Here’s the truth about SBA 504 loans: any lender can do one. There’s nothing magical or mystical about it; no special club we belong to that enables us to provide 504 loans. But before you run out and grab the first banker you see and demand a 504 loan, a word of caution: there’s a […]

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