Commercial Real Estate Loan Provided by Mercantile Capital Corp. in Oxnard, CA Worth Nearly $3.9 Million
Mercantile Capital Corporation, a leading SBA 504 loan provider for small business owners who want to acquire their own facilities, closed a commercial loan for Alcaraz Catering, Inc., recently for $3,889,000.
- Orlando, FL (1888PressRelease) March 31, 2012 - Mercantile Capital Corporation, a leading national SBA 504 loan provider for small business owners who want to acquire or refinance their own facilities, closed a commercial loan for Alcaraz Catering, Inc., recently for $3,889,000 in total project costs.
Alcaraz Catering, Inc. offers food truck fare and catering services to Ventura County, California. The food trucks operate five to six days a week, serve general fast food fare and make frequent stops at construction sites and office parks. They also offer catering services for weddings, christenings and other special events.
The SBA504 Loan Program helps owners of small to mid-sized businesses, like Alcaraz Catering, Inc, have an opportunity to create wealth and financial freedom. Their specialization in SBA 504 loans, 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.
Last year, Mercantile closed small business loans worth more than $174.4 million in total project costs and helped create or retain 1,132 jobs. Since its inception, they have closed loans worth more than $795.2 million in total project costs and has helped create or retain 5,444 jobs.
For more information, visit http://www.504Experts.com and http://www.504Blog.com.
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