The Official Blog of the SBA 504 Experts

504 Loan Blog

Happy Holidaytimes from Mercantile Capital Corporation!
  • Thursday, December 22nd, 2016 at 11:48 am

This is a busy time of year for a lot of reasons, so this will be quick. Also, you should be doing something festive or fun or family-oriented instead of reading this email. We just wanted to wish you and yours Happy Holidays, Happy Hanukkah, Merry Christmas, and a Happy New Year. If you have Read More »

Great News — SBA 504 Refinance Has Expanded
  • Monday, December 12th, 2016 at 11:47 am

Changes Make Refinance Easier for Small Business Owners As you’re more than likely aware by now the SBA 504 Debt Refinance became permanent nearly a year ago, and the SBA has been processing applications for five months. Now we want to share a couple of recent changes to the program that make it easier for Read More »

IBERIABANK and Mercantile: Brewing the Perfect Partnership
  • Thursday, October 27th, 2016 at 11:00 am

Since our merger with IBERIABANK a year and a half ago, we’ve closed a total of 15 SBA 504 loans together. One of those loans was a $3.96 million project for Islamorada Beer Company, originated by Scott McCleneghen, Commercial Group Manager in IBERIABANK’s Southeast Florida office. Since Islamorada’s brand-spanking-new production brewery is located in Fort Read More »

Ten Thousand Jobs for Small Businesses
  • Wednesday, August 31st, 2016 at 2:49 pm

Political candidates like to talk about creating jobs. We like that kind of talk, but we also like actually creating jobs. We’re really excited to tell you that we’ve now had a hand in creating and retaining more than 10,000 jobs (10,220 to be exact) for small businesses across these United States. One of the Read More »

Q2 Update: Breakdown of the 16 loans we financed
  • Monday, July 18th, 2016 at 11:14 am
  • 1 Comment

In the second quarter of this year, we closed 16 loans worth $58 million in total project costs. Below are summaries of each loan and project, and we’re posting this here for a couple reasons. First, we want you to know that even though we specialize in just one type of loan, we’re able to Read More »