Home Health Care Provider in Royal Oak, Michigan Receives Commercial Loan from Mercantile Capital Corporation

Top Quote HealthCall of Detroit, one of the largest private duty home health care providers in Michigan, recently refinanced acquisition and construction costs totaling $1,626,700, under the Small Business Administration's 9 month rule. End Quote
  • Orlando, FL (1888PressRelease) May 03, 2013 - Mercantile Capital Corporation, a leading provider of Small Business Administration (SBA) 504 loans for small business owners in the United States, arranged funding for HealthCall in the transaction.

    HealthCall of Detroit, Inc. specializes in home health care for pediatric and adult patients throughout the Detroit area.

    They provide nurses, home health aides, therapists and other medical professionals for homebound patients and healthcare institutions - - operating two divisions: Medicare certified home health care and private duty nursing.

    Christopher G. Hurn, CEO of Mercantile Capital Corporation in Orlando, said SBA's 504 loan program offers record below-market, fixed interest rates; up to 90-percent loan-to-cost financing; and 20-year terms for projects up to $15 million for small business owners who want to acquire or develop their own facilities.

    "Small business entrepreneurs all across the nation are using 504 loans to expand their operations, create jobs, and grow their businesses," Hurn explained. "As traditional lenders have yet to loosen their purse strings, SBA 504 lending ranks as perhaps the nation's most effective stimulus for economic recovery."

    For more information, visit http://www.504Experts.com and http://www.504Blog.com.

    +Chris Hurn
    Entrepreneur, Speaker, Writer/Blogger, Leader. Mercantile Capital Corporation only finances commercial real estate for other entrepreneurs and small business owners all over the U.S. utilizing the SmartChoice Commercial Loan program (aka the SBA 504 loan).


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