504 Loan Blog: Curated by Mercantile Capital Corporation
There may never be a better time than now for small business owners to buy already discounted commercial property, while financing it with the lowest interest rates on record! This is how America’s courageous business owners can better create wealth for themselves…and get our economy back on track at the same time. I reported earlier Read More »
I went to our Nation’s Capitol a few weeks back to ask for a handout. Believe it? I hope not. You probably know me a little better than that by now. The REAL reason I went to Washington, accompanied by our Senior Credit Officer, Dwayne, was to talk to our elected officials (and their staffs) Read More »
Well, we got the video clip posted quicker than I expected. Again, this is a replay of the webinar I hosted this past Wednesday, and it’s all about the SBA 504 refi program for commercial real estate. If you’re interested in refinancing your commercial property with a 504 loan, or if you advise business owners Read More »
I was invited to be on the MalcolmOutLoud TV show last week, and the clips we taped are now online. If you’re not familiar with MalcolmOutLoud, you’re in for a treat. Malcolm is an author, speaker, consultant, and TV and radio personality who is quirky, edgy and to-the-point. He invited me on his show to Read More »
Back in July, I re-posted an article by Jay Goltz that appeared on the New York Times‘ website. He was writing on the possibility of a double-dip recession and told of things he had been doing to both stay optimistic and to shore up his position. One of the things he did was buy a Read More »
Last week, I reported that the conditions for owning commercial property just keep getting better. The 20-year fixed interest rate on SBA 504 loan projects has fallen to 4.93% – – the second-lowest monthly rate in the 24-year history of the program. Put that together with decreased commercial property values and all the inherent benefits Read More »
Things are indeed getting better for owners of small and mid-sized businesses. We’re still keeping tabs on HR 5297, because the Senate’s actions will have big implications for business owners, but there’s other good news that I need to tell you about. The 20-year fixed interest rate on SBA 504 loan projects has fallen below Read More »
As you know, I’ve been sending emails and making phone calls over the last several days to drum up support for HR 5297, the small business bill the Senate has been debating for a week now. A friend sent me a message asking some questions that you may also have, so I thought I’d respond Read More »
Many thanks for your support of HR 5297. It appears that the Senate still hasn’t passed the bill yet, as the second cloture motion was withdrawn yesterday. So we’ll continue to pester our elected officials until we get the action we need from them . . . last I checked, they DO get paid by Read More »
I’m traveling to Connecticut today on business, so I had to compose this message between flights, in airports and on planes. I’ve frustrated a few flight attendants because I just HAD to finish a thought before shutting off my laptop for takeoff. I would have posted this sooner, but I wasn’t lucky enough to get Read More »
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