504 Loan Blog: Curated by Mercantile Capital Corporation

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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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Small Business Commercial Finance Update for July…

Small Business Commercial Finance Update for July…

Whether you’re interested in owning commercial real estate for your business or you have small business clients looking for owner-user commercial property, we’ve got you covered. Our Commercial Finance Update for July gives you the latest interest rates, details about our smarter financing, a success story from one of our small business clients, and more.

Click the image below to view the full PDF file, which you can then print or save for future reference:

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A Measure of Small Business Influence…

A Measure of Small Business Influence...

Last year, I was honored to be named a Small Business Influencer Champion in the 2012 Small Business Influencer Awards. The voting is underway for the 2013 awards, and I’d really appreciate your vote.

The folks at Small Business Trends and Small Business Technology are doing a great thing by hosting these awards (now in their third year, I believe). I don’t think it’s important for me or anyone else to be nominated for or win an award just for the sake of the honor (though a little pat on the back every now and then is nice). The big deal here is that the small business community at-large is getting attention.

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Entrepreneurial Founding Fathers

Entrepreneurial Founding Fathers

When the United States of America was founded by those who went before us, an enormous entrepreneurial experiment began. Massive risks were taken by the men who declared their independence from those who sought to oppress them, and those of us who are business owners understand what that’s like. Now, the stakes are a bit different — very little blood is shed over a startup business these days — but the risks are real and very scary at times. It can feel like life-or-death more often than any of us would like to admit. So, as we approach America’s Independence Day, I’d like America’s small business owners to know that their ingenuity, hard work, sacrifices, and determination to succeed are appreciated and admirable.

However, did you know that Independence Day was technically yesterday? I wrote about this a couple years ago, but I just find it fascinating and must re-share. The Second Continental Congress voted to declare independence from Britain on July 2nd, 1776, and John Adams (our second President) had this to say about it:

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