504 Loan Blog: Curated by Mercantile Capital Corporation

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We Are Mercantile – The SBA 504 Experts

#WeAreMercantile

Up until about a month ago, this blog prominently featured a single person as the face of our company. We’ve fielded quite a few questions about what the departure of our former CEO means for Mercantile going forward, and the short answer is that nothing changes.

But there’s a longer explanation that we’d like to give you by way of video so that you can know and see a little about what goes on behind the scenes here at Mercantile. What we do for our small business clients has been a team effort from the very start. We’re known as “the 504 Experts” (plural) and we’re a hardworking group of people dedicated to providing the best service and experience for our small business clients.

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How To Build a Strong Company Culture
  • Wednesday, August 6th, 2014 at 5:28 pm
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How to build a strong company culture

Values are at the center of building a strong company culture, but we’re not going to bother with what they should or shouldn’t be. What matters is that you have a set of core values and that you align your organization around them. This is what Tony Hsieh (sounds like “Shay”) says about building a company culture in the latest issue of Inc. magazine. Hsieh founded Zappos (as if you didn’t know), which has become known far and wide for its legendary customer service. And for its free shipping both ways, but the customer service is what keeps people coming back to Zappos, we’re pretty sure. When Hsieh talks about the success of Zappos, he makes it very clear that the culture of the company is what drives the customer service, which drives sales and profits.

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The REAL Truth About SBA Loans

The REAL Truth About SBA Loans

Last week, I got an email telling me that a new article about SBA loans had been published online. I’ve set up several Google Alerts so I can be notified when there’s news that pertains to my business and industry. (If you don’t use Google Alerts for your business, I recommend fixing that right away!) This email in particular told me about an article called “The Truth About SBA Loans” that appeared on the FOX Business Small Business Center. I clicked through and read the article with great interest, hoping to find some support for SBA loans and something I could share with others. Alas, I was disappointed. The author, Meredith Wood, doesn’t tell any untruths here, but she doesn’t tell the whole story either…and misrepresents the SBA 504 loan program in particular.

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Bigger SBA 504 Loans, Greater Small Business Confidence

Bigger SBA 504 Loans, Greater Small Business Confidence

Last week we released our official lending figures for the first six months of 2014. Our performance has been decently strong so far, but no record-breaking pace to report this time. Our loan closing numbers have been steady, and we’ve worked hard to provide our small business clients with the best financing and best service possible, but the bigger story is the size of the loans we’re closing these days.

(You may be thinking, “It’s not the size of the loan that matters…” But, well, it kind of does.)

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Commercial Finance Update: World Cup Edition

Commercial Finance Update - World Cup Edition

GOAL! (and other soccer words)

It’s World Cup time, which means most of the world is watching soccer with an even greater interest than usual. We, too, have World Cup Fever, but we would never let it get in the way of your commercial real estate financing needs. However, if you do happen to call during a USA match, you’ll probably have to leave a message. Just fair warning. With that lone World Cup caveat, here’s the latest news about smarter small business commercial real estate financing…

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