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 »
At Mercantile Capital Corporation, we issue press releases fairly regularly to update our industry and the news media on what we’re up to — recent closed loans, monthly and yearly totals, etc. I know these are not nearly as personable as our usual blog posts and videos, but I think our readers (you) might be 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 »
Whether or not you were able to attend my webinar yesterday about the new SBA 504 loan refinance rules, there’s a good chance you’ll be interested in viewing a replay and/or having the presentation slides for your reference. Just over 500 people registered for this webinar, and I spent nearly 45 minutes just answering questions 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 »
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 »
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 »
Our office is buzzing today after being closed for the Labor Day holiday. I hope you had a nice, long weekend and were able to enjoy an extra day away from the office. I’m pretty sure everyone here at Mercantile spent yesterday relaxing and recharging since we just finished the most productive month ever for Read More »
You and I both know that the SBA is a helpful resource for small businesses. Many, many business owners have gotten a financial “hand-up” from this government agency, and these small businesses have long been the “backbone of the American economy” (pardon the clichĂ©, but it’s true). Despite the benefits of the SBA’s loan programs, Read More »
I wrote an article that was published on American Banker’s BANKTHINK blog last Friday. It’s about the redundancy that continues to plague the SBA’s flagship loan programs and why it’s hurting our economy. In my opinion (which you’re probably aware of if you’ve read this blog for any length of time), the SBA needs to Read More »
Read more about smarter commercial property financing for small businesses.
504 Basics
