Just like The Avengers, which broke the all-time record this year for an opening weekend (making $207.4 million at the box office), this has been a record-smashing year for Mercantile Capital Corporation so far. In just the first six months of 2012, we’ve closed one more loan than we did in all of 2011 (which was also a record-breaking year), and our loan volume is up 240% from the same period last year. We’re now approaching the $1 billion mark for total loan volume since 2003, and we’ve helped create or retain 6,584 jobs by providing smarter commercial property financing for small business owners all across the country. (If you want to read our official press release about the first six months of 2012, you can do that here.)
I tell all you this for a couple reasons. First of all, I’m extremely proud of the hard work put in by our Mercantile Family. Every single member of our staff has busted their hump to make these closings happen. It’s a team effort, and I’m flat-out honored to work with such a great group of people.
Second, things are looking up for small businesses. We couldn’t close as many loans as we have this year unless small business owners were healthy enough and courageous enough to decide to purchase, construct, expand, or refinance their commercial real estate. It makes great business sense to do these things right now, while property values remain down and interest rates are still near all-time lows. And it IS possible these days to get financing for these types of projects — owner-occupied commercial real estate projects.
Which brings me to my third reason for talking about all this…
Maybe you’ve been thinking about owning your commercial property — or you know someone who should stop renting and start owning — but you don’t know where to start. Or maybe you work with small business owners who want (or should want) to own, expand, or refinance their commercial property. If so, you should call me at 1-866-622-4504 or email me at ChrisHurn@MercantileCC.com. You may also find our smartphone loan calculator app helpful (we have one for iOS devices and one for Android devices — you can learn more about them and download them here).
If there’s anything we can do to help you or someone you know when it comes to smarter small business commercial property financing, just let me know. We work hard for all our small business clients, and we’re grateful for the referral relationships we’ve built with real estate brokers, mortgage brokers, and other lenders. We’re here to help (even during these sweltering summer months)!
Dedicated to Your Continued Success,
P.S. If you haven’t downloaded our smartphone app, you should go here and get it today. I’d also really appreciate it if you’d rate it and review it so others can know how helpful it is. Thanks in advance!
P.P.S. My first book will be coming out in October, and you can preorder it here. It just might make the perfect gift for an entrepreneur you know…
Tags: Android, Avengers, Chris Hurn, commercial property financing, commercial real estate, entrepreneur, iOS devices, Mercantile Capital Corporation, SBA 504, SBA Lending, Small business, SmartChoice Commercial Loan, smartphone