Back in March of this year, we closed a loan for SanTan Brewing Company, located in Chandler, Arizona. The brewpub is getting a lot of local press for their daring purchase and expansion, and I think you’ll find their story pretty interesting and inspiring.
Anthony Canecchia worked as one of the head brewers at the largest microbrewery in the state of Arizona for seven years before breaking away to start SanTan Brewing Co. When it opened in September of 2007, it became the only non-corporate microbrewery in the Metro Phoenix area in over a decade. SanTan features six of its own hand-crafted brews on tap at all times, and has built quite a following in the community of Chandler.
I’ve posted two articles below that have appeared in The Arizona Republic and on azcentral.com (the paper’s online version) in the past two weeks that you ought to read, and probably forward to someone you know who ought to consider a commercial real estate purchase. Anthony saw an opportunity to own the building he occupies, and he jumped at it. He took a chance in these “interesting” economic times, but it was a “no-brainer” according to him. Not only was he able to expand his operations and take his brewery to the next level, but he’s also become a landlord. He’ll now have rental income as an additional revenue stream.
Anthony has made a brilliant decision that has put SanTan in a great position to grow and continue its success. This is just another example of what we do day-in and day-out: Provide Smarter financing that helps fulfill the dreams of business owners and entrepreneurs.
If you or someone you know is thinking about owning commercial property, call me at 1-866-622-4504 or email me at ChrisHurn@MercantileCC.com right away. Don’t let all the negative news about the banking industry dissuade you from at least investigating this wealth-creation strategy. All you need to do is find the RIGHT lending partner for your project . . . and we’re ready to help you with that.
Here are the articles. Click on each to read the full-size PDF files. Be sure to leave a comment below to let me know what you think about all this, and to introduce me to someone I ought to talk to who wants to purchase commercial property now.