504 Loan Blog
It’s been a little while since I talked about SBA 504 refinancing here, and there are some changes you need to know about. Over the past two months, the SBA has lifted some restrictions to open the 504 refi program up to more business owners, the most recent change coming just last week. Watch the Read More »
Did you know the first National Small Business Week was in 1963? The President of the United States has proclaimed one every year since then, and this year’s National Small Business Week will honor an estimated 27.2 million small businesses and entrepreneurs in our country. To mark the occasion this year, I thought I’d explain Read More »
I get a wide range of questions about what we do as a company. Some people want to know why we specialize in commercial real estate financing for small businesses, some want to know how our loans work, and others are curious about the culture we’ve created here at Mercantile. To answer some of the Read More »
A couple years back, we made up a holiday (yeah, we sometimes do strange things like that). We call it 504 Day, and it falls on May 4th of each year. Despite our best efforts, we haven’t been able to get it registered as a national holiday yet (and Hallmark doesn’t yet recognize it), but 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 »
As I mentioned in my video blog post on Tuesday, I hosted a complimentary webinar yesterday all about the SBA 504 refi program. I thought this would be a helpful thing since there are a lot of details to know about how this program works, the SBA just recently made some changes to the eligibility Read More »
Today’s video blog is about a recent change to the SBA 504 refi program that is very good news for lots of business owners and their advisors. Watch the video below to hear all about it, and also find out how to register for our complimentary 504 refi webinar I’m hosting tomorrow.
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 »
It’s been a busy week for the SBA, with its budget getting slashed and the new SBA 504 refinance regulations coming out. Well, “slashed” isn’t exactly the right word for it, and that’s the first reason for this blog post. The second reason is to explain all the details about the SBA 504 refinance that Read More »