Mercantile Capital Corporation Provides Commercial Real Estate Loan to Sun Pearl Bakery in Orlando Worth More Than 300 Thousand
Altamonte Springs, Fla./August 7, 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 Sun Pearl Bakery, Inc. recently for $344,000 in total project costs.
Sun Pearl Bakery, Inc. operates Taiwan Foods, Inc. based in Orlando, Florida. This ethnic bakery is one of few in the Orlando area that specializes in various Taiwanese foods and baked goods.
The owners of Taiwan Foods, Inc., Hai Pou Chiu and Hsiu Ying Yeh Chiu, said, “Mercantile Capital Corporation’s employees were a pleasure to work with and helped us fulfill our dreams.”
Mercantile Capital Corporation’s SMARTChoice Commercial Loan Program helps owners of small to mid-sized businesses have an opportunity to increase their net-worth through Commercial property ownership. Mercantile’s specialization in SMARTChoice Commercial Loans, also known as SBA 504’s, allows their borrowers to own their Commercial property with one-third to half down payment required by ordinary banks, while getting the least expensive capital available in the marketplace. This allows 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 Capital Corporation, 407-786-5040
Robin Lashley, Mercantile Capital Corporation, 407-786-5040