504 Loan Blog: Curated by Mercantile Capital Corporation
There’s a whole lot going on here at Mercantile and in the world of small business lending. There’s so much going on, in fact, that I decided to do another video blog — the second one this week. This is unprecedented for us, but I want to keep you in the loop on our latest Read More »
Even though 2012 is six days old…I owe you a “Happy New Year!” I hope you had a great New Year’s holiday, and that 2012 is looking bright so far for you and your business. For my first blog post in this New Year, I’ve recorded a video that I’d like you watch for two Read More »
It’s been a busy and hectic two weeks, but we’re finally moved-in and getting settled into our new digs. We really appreciate everybody’s patience as we moved our email servers and phones and everything else. Our office is set up a bit differently than before (we now occupy multiple floors of our new building), so Read More »
The first-ever sales and marketing conference for the small business lending industry is officially over, but you can still get your hands on the wealth of information SBA University has to offer. Before I get into all the details, watch this short video to get a taste of what it was like to be there Read More »
To say that we enjoy the Holiday Season here at Mercantile is an understatement. I guess it’s one of the joys of working with people who we actually care about — we’re more like family than just coworkers. With Thanksgiving fast approaching (and Hanukkah and Christmas not far behind), Ken, Nikos, Trey and myself decided Read More »
Our Marketing Department has done a lot of crazy things over the years — things like mailing plastic trash cans and cardboard tubes to people, and hosting Mardi Gras Parties for hundreds of our local Clients and Referral Partners. Well, we’re moving into new offices in a couple weeks, and we’ve found boxes upon boxes Read More »
My staff and I have been inundated with questions about the new SBA 504 loan refinancing rules ever since the SBA announced them on October 12th. In order to answer everyone’s questions and to share this information as quickly and effectively as possible, I’ve decided to host a complimentary webinar. It’s going to be on Read More »
Since the Small Business Jobs & Credit Act was passed a year ago, we’ve been able to finally use SBA 504 loans to refinance commercial property. Fortunately, a few hundred business owners have been able to avail themselves of this program to get control over their real estate expenses with the long-term, fixed-rate financing that Read More »
It’s officially been one year since the Small Business Jobs and Credit Act was passed into law. While some good has come from it, there are a few things that have been pretty ineffective so far. The two things that frustrate me the most are the First Mortgage Lien Pool (FMLP) Program and the SBA Read More »
By now, you surely know I’m a HUGE advocate for America’s small businesses — the very people we finance daily all over this county. When it comes to politics, I don’t consider myself especially partisan; I just want results. I’m not an ideologue, so I vote for the political candidates who promise to do the Read More »
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504 Basics
