Altamonte Springs, Fla. – 1 April 2009 – Mercantile Capital Corporation, which ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, closed a commercial loan for The DivorceCenter on January 28, 2009 for $580,000 in total project costs.

The Divorce Center, based in Tampa, Florida, works with individuals needing help with family law and divorce. The law firm addresses issues of child support, alimony, custody issues, property settlements and other areas pertaining to family law. They provide clients with both the resources to help ease difficult transitions and an accurate education to avoid any surprises.  

“Working with Mercantile Capital Corporation made the loan process easy and efficient. The staff was able to answer any and all of my questions, and due to their specialization in the SBA 504 loan, I knew that the answers they provided were accurate,” said Howard Iken, President of The Divorce Center. “The staff certainly knows what they’re doing, and throughout the process kept things as simple as possible allowing me to do what I do best — run my business.” 

Mercantile Capital Coportation’s SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Mr. Iken, have an opportunity to increase their net-worth through Commercial property ownership.  Mercantile’s specialization in SmartChoiceCommercial Loans, also known as SBA 504’s, allows their borrowers to own their Commercial property with one-third to half the down payment required by ordinary banks, while getting the least expensive capital available in the marketplace.  This enables business owners to reduce their risk and stay more liquid, while gaining all the benefits of Commercial real estate ownership. 

For more information, visit www.TheSmartChoiceLoan.com and www.504Blog.com 

Contacts:

Chris Hurn, Mercantile Commercial Capital, LLC 407-786-5040Robin Lashley, Mercantile Commercial Capital, LLC 407-786-5040