sba 504 loans

Mclean, Virginia (PRESS RELEASE – September 17, 2010) – The U.S. Small Business Administration’s (SBA) 504 loan program  continues to provide long-term, fixed rate financing to America’s small businesses to purchase commercial real estate, expensive equipment and machinery.

Luckily for many small business owners, the interest rates on SBA 504 loans have been falling for several months and the interest rates for both 20-year and 10-year SBA 504 loans fell in September to their lowest levels since the program’s inception.

Mclean, Virginia (PRESS RELEASE – August 13, 2010) -The Small Business Administration’s (SBA) 504 loan program is providing long-term, fixed rate financing for the purchase of commercial real estate at one of the lowest interest rates since the program’s inception.

The SBA’s lending partners, Certified Development Companies (CDCs) are busy working with small business borrowers who are taking advantage of this current low interest rate to purchase or build new facilities.

ALTAMONTE SPRINGS - Mercantile Capital Corporation, the Altamonte Springs firm that ranks as one of the largest providers of U.S.

Small Business Administration (SBA) 504 loans in the nation, reported it saw a 12.8 percent increase in lending volume in 2009 over 2008 dollar volume totals.

ALTAMONTE SPRINGS, Fla. - Mercantile Capital Corporation, which specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, closed on four commercial property loans valued at more than $5.8 million in June.