MERCANTILE CAPITAL CORPORATION PROVIDES COMMERCIAL REAL ESTATE LOAN IN DENVER, COLORADO WORTH MORE THAN $1.1 MILLION

Printer-friendly versionPDF version

Altamonte Springs, Fla./ January 21, 2010 –

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 Royal Wine, Spirits & Food on December 16, 2009 for $1,168,000 in total project costs.
Royal Wine, Spirits & Food, located in Denver, CO, is a neighborhood Liquor and Convenience Store that has been owned and operated by Haile Degena since 1997, and has operated in the same location under other owners since 1948, making it a fixture in the neighborhood.

"I am so happy to finally own the center that I have been operating in for 13 years, and to no longer deal with landlord challenges." said owner Haile Degena. "This could not have happened without the help of Mercantile and I am just so thankful."

The

SmartChoice Commercial Loan Program

helps owners of small to mid-sized businesses, like Royal Wine, Spirits & Food, have an opportunity to create wealth and financial freedom. Their specialization in

SmartChoice Commercial Loans

, also known as

SBA 504's

, allows borrowers 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.

For more information, visit

www.TheSmartChoiceLoan.com

and

www.504Blog.com

.

Contacts:

Chris Hurn, Mercantile Capital Corporation, 407-786-5040

Robin Lashley, Mercantile Capital Corporation, 407-786-5040

This entry was posted on Tuesday, February 2nd, 2010 at 7:50 pm and is filed under

rel="category tag">Press

News Source : MERCANTILE CAPITAL CORPORATION PROVIDES COMMERCIAL REAL ESTATE LOAN IN DENVER, COLORADO WORTH MORE THAN $1.1 MILLION