504 Loan Blog: Curated by Mercantile Capital Corporation

504 Loan Blog

Finding Success in Creative Ways…
  • Wednesday, April 24th, 2013 at 3:47 pm
  • 8 Comments

One thing I love about my job is hearing the stories from small business owners all over the country. Last year, we helped 97 small business owners in 27 states purchase, construct, renovate, or refinance their commercial property. When you work with that many business owners, you’re bound to hear some wonderful stories about overcoming Read More »

How well do you know The Masters?
  • Wednesday, April 10th, 2013 at 12:05 pm
  • 8 Comments

Some of us here at Mercantile are pretty avid golf fans (yours truly included…and let me emphasize that I’m a fan…I wouldn’t call myself an avid golfer). The Masters golf tournament is this weekend, and I can’t wait to see what happens this year at Augusta National. Tony and Sean, two of our Senior Loan Read More »

Foolin’ Around with the Un-Bankers…
  • Thursday, March 28th, 2013 at 11:01 am
  • 9 Comments

April Fools’ Day is usually a pretty interesting day around Mercantile Headquarters. Robin is our chief prankster, and she’s gotten some of us pretty good over the years. There was the time she told me Jorge Bouche called from 202-456-1111 and asked that I call him back. Turns out that’s the White House phone number, Read More »

Good News/Bad News for Small Business Lending in 2013…

The last two years have seen record-shattering levels of government-guaranteed lending, which includes the SBA 504 loan program (aka the SmartChoice® Commercial Loan). In terms of loan volume, 2011 and 2012 were the biggest and second biggest years (respectively) in the history of the SBA. Since the SBA has done the lion’s share of small Read More »

Why the Sequester is GOOD for Small Business Owners…

If you’re anything like me, you’ve grown weary of all the high drama in Washington these days. First the Fiscal Cliff; now the looming Sequester; next month it’ll be something else. But as we sit on the edge of our seats waiting to find out what will happen tomorrow, I’d like to tell you why Read More »