Mercantile Capital Corporation Provides Commercial Real Estate Loan in Houston, TX Worth Over $1.1 Million

Top Quote Mercantile Capital Corporation, one of the nation's leading providers of U.S. SBA 504 loans for small business owners who want to acquire their own facilities, closed a real estate loan for Piranha Holdings for $1,155,000 in total project costs. End Quote
  • Orlando, FL (1888PressRelease) October 10, 2012 - Mercantile Capital Corporation, 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, recently closed a real estate loan for Piranha Holdings, LLC for $1,155,000 in total project costs.

    Piranha Holdings, LLC is in the business of wholesaling and retailing laptop parts such as batteries, LCD screens, DC jacks, Solid state drives, etc. Their main clients are laptop repair shops and wholesalers around the country. They also retail their parts through close to a dozen websites such as eBay and Amazon.

    "Mercantile Capital was able to clarify and streamline the process of obtaining SBA financing. The whole process was very efficient and, of course, effective," said owner, Fiyyaz Pirani.

    The SBA 504 Loan Program helps owners of small to mid-sized businesses have an opportunity to create wealth and financial freedom. Their specialization in SBA 504 loans, allows borrowers, like Fiyyaz Pirani, to own their commercial property with the highest cash-on-cash return financing available, without tying up their precious capital.

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

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