Mercantile Capital Corporation Provides Commercial Real Estate Loan in South El Monte, CA Worth $659,000
Mercantile Capital Corporation, which launched 9 years ago, ranks as a leading provider of U.S. SBA 504 loans for small business owners who want to acquire their own facilities, closed a loan for Ramirez All Electric recently for $659,000.
- Orlando, FL (1888PressRelease) April 04, 2012 - Mercantile Capital Corporation, which launched nine years ago, ranks as one of the nation's leading providers of U.S. SBA 504 loans for small business owners who want to acquire or refinance their own facilities, closed a loan for Ramirez All Electric recently for $659,000 in total project costs.
Ramirez All Electrical is a sole proprietorship founded and operated by Fidel Ramirez. The company sells electrical equipment and also salvages and re-sells used equipment. Customers include electrical contractors, electricians and other small companies in need of electrical equipment.
The SBA 504 Loan Program helps small businesses, like Ramirez All Electric, have an opportunity to create wealth and financial freedom. Their specialization in 504 loans, allows borrowers to own their commercial property with the highest cash-on-cash return financing available, without tying up their precious capital, allowing for faster growth.
"The SBA 504 loan program was developed to stimulate small business growth and create and retain jobs," said Chris Hurn, CEO of Mercantile Capital Corp. "The 504 program is historically one of the nation's most effective economic development programs and one of our best job creation tools."
For more information, visit http://www.504Experts.com and http://www.504Blog.com.
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