504 Loan Blog: Curated by Mercantile Capital Corporation

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Capacity | The Five Cs of Small Business Real Estate Financing…
  • Friday, October 11th, 2013 at 8:45 am
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Capacity | The Five Cs of Credit

Here’s the second in my series of videos about The Five Cs of Credit. This week we’re talking about Capacity, and I’m going to give a simple explanation of what that means from a commercial lender’s perspective. Not only that, but one of our clients had an appearance on Modern Family (one of the better shows on network TV these days, in my opinion).

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Creepy Small Business Finance Update for Octoberween…
  • Wednesday, October 9th, 2013 at 5:10 pm
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Creepy Commercial Finance Update

It’s October, and I’ve got Halloween on the brain. Several years ago, my family started the tradition of sending Halloween cards. We pick a theme, have professional photos taken, and get ahead of the holiday card rush. Last year, we did an Alice in Wonderland theme. The Addams Family was another of my favorites. I could go on about this but know you’re busy, so I’ll get to the point: I have a lot of fun at home and at the office around Halloween.

Even our Commercial Finance Update has taken a turn for the creepy this month. As usual, you’ll find up-to-date information about our below-market interest rates and you can read about a project we worked on for one of our clients (this one is in Sebastian, FL), but there

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Character | The Five Cs of Small Business Real Estate Financing…
  • Friday, September 27th, 2013 at 11:28 am
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The Five Cs of Credit: Character

From time to time, I think it’s helpful to go over the basics of what we do here at Mercantile Capital Corporation. Small business owners and their advisors choose to work with us because we make the process of purchasing commercial real estate simple. I’m not saying that commercial real estate financing is a simple process, but we do the heavy lifting and sausage-making (so to speak) so that our clients can focus on other important things (like running their businesses).

Earlier this month, I spoke at the Annual Conference of the America’s Small Business Development Center network (ASBDC). I was part of a panel of industry experts tasked with addressing the latest opportunities and challenges facing small business owners. My friend, Bob Coleman, moderated the panel, and afterward we talked a bit about one of the Five Cs of Credit: Character.

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Small Business Commercial Finance Update for August…
  • Tuesday, August 20th, 2013 at 3:09 pm
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Commercial Finance Update - August 2013

The economy’s in full-blown recovery mode…or is it? Economic reports say things are getting better, but I know for a fact that many small business owners still don’t have the certainty or confidence to make significant growth decisions (hiring, expansion, etc.). I can’t say I blame them, but I believe that we really are on the upswing (though it may be a slow swing).

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And the New SBA Administrator is…
  • Tuesday, August 6th, 2013 at 11:14 am
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And the New SBA Administrator is...

I’ve been hearing and reading about who other people think the new SBA Administrator might be, so I decided to contribute to the conversation. In case you haven’t heard, the current Administrator, Karen Mills, is stepping down at the end of August and the White House has yet to name a replacement. She made her announcement in February, which means we’ve had five months of speculation.

Instead of guessing who the next SBA Administrator might be, I put together a list of characteristics he or she should possess and a few things that ought to be done to help America’s small businesses. My latest Huffington Post column has the full story, so go here to read, comment, and share it with others.

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