Mercantile Capital Corporation Provides Commercial Real Estate Loan in Los Angeles, CA Worth More Than $2 Million

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Altamonte Springs, Fla./ February 25, 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 A.M.D.G.D.L, Inc (dba Palms Supermarket) on January 28, 2010 for $2,021,000 in total project costs.

Palms Supermarket is a Hispanic community grocery market that sells fresh produce, meat and everyday groceries.

"Working with Mercantile was a great experience. I have absolutely no complaints and their service was excellent." said owner Arthur Munoz.

MCC worked alongside Plaza Bank in order to make this dream a reality for Mr. Munoz. "We were pleased to be able to help Palms Supermarket secure financing in this difficult financial environment for the acquisition of their building," added Todd Massas, commercial loan officer at Orange County-based Plaza Bank. "Plaza Bank continues to find creative ways to work with partners like Mercantile Capital to help our clients realize their dreams."

The

SmartChoice Commercial Loan Program

helps owners of small to mid-sized businesses, like Palms Supermarket, have an opportunity to create wealth and financial freedom. Their specialization in

SmartChoice Commercial Loans

, also known as

SBA 504 loans

, allows borrowers, like Arthur Munoz, 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 Wednesday, March 3rd, 2010 at 3:06 pm and is filed under

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News Source : Mercantile Capital Corporation Provides Commercial Real Estate Loan in Los Angeles, CA Worth More Than $2 Million