Altamonte Springs, Fla. – November 21, 2008 – Mercantile Commercial Capital, LLC, 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 Marcelin & Associates, P.A. on October 30th for $471,000 in total project costs.
Established in May 2000, Marcelin & Associates, P.A. is a law firm that specializes in Business and Immigration Law. The firm in based in Orlando. Mercantile Commercial Capital provided long-term financing for their 1,904 square-foot office building with a 25-year, fully amortizing term and a very attractive 5-year fixed interest rate, with only 10% down.
“Mercantile’s streamlined SMARTChoice loan process, allowed me to focus on my company while they handled the loan details,” said Jackson Marcelin, owner of Marcelin & Associates, P.A. To learn more about Marcelin & Associates, please visit www.marcelinlaw.com.
Mercantile Commercial Capital’s SMARTChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Mr. Marcelin, have an opportunity to create wealth and financial freedom. Mercantile’s specialization in SMARTChoice Commercial Loans, also known as SBA 504’s, allow borrowers to own their property with the highest cash-on-cash return available, without tying up their precious capital.
Chris Hurn, Mercantile Commercial Capital, LLC 407-786-5040
Robin Lashley, Mercantile Commercial Capital, LLC 407-786-5040
Larry Vershel or Beth Payan, LV Communications, 407-644-4142