Mercantile Capital Corporation Provides Refinancing for a Self-Storage Facility in Moreno Valley, CA
Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans, recently closed a commercial loan for A-American, LP to refinance an existing mortgage on a self-storage property in Moreno Valley, CA.
- Orlando, FL (1888PressRelease) May 01, 2013 - Mercantile Capital Corporation, a leading provider of U.S. Small Business Administration (SBA) 504 loans, recently closed a commercial loan for A-American, LP to refinance an existing mortgage on a self-storage property in Moreno Valley, California.
A-American, LP has been serving the self-storage needs of the Moreno Valley community for over 20 years. They operate a total 479 ground floor storage units, and offer 24-hour access, on-line payments, a wide variety of unit sizes, secured gate access, digital video monitoring, individually alarmed units, military and senior discounts, month-to-month rentals, tenant insurance and moving supplies.
The SBA 504 Loan Program helps owners of small to mid-sized businesses, like A-American, LP, have an opportunity to create wealth by acquiring or developing their own facilities. 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.
"Small business entrepreneurs all across the nation are using 504 loans to expand their operations and create jobs," explained Chris Hurn, CEO of Mercantile. "As traditional lenders have yet to loosen their purse strings, SBA 504 lending ranks as perhaps the nation's most effective stimulus for economic recovery."
For more information, visit http://www.504Experts.com and http://www.504Blog.com.
+Chris Hurn
Entrepreneur, Speaker, Writer/Blogger, Leader. Mercantile Capital Corporation only finances commercial real estate for other entrepreneurs and small business owners all over the U.S. utilizing the SmartChoice Commercial Loan program (aka the SBA 504 loan).
+Chris Hurn
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