Category: Geof Longstaff

Mercantile Capital Corporation Announces New Public-Private Partnership with Small Business Administration (SBA) and U.S. Treasury Dept.

Firm Set to Rename SBA 504 Loan Program as Part of Transaction  ALTAMONTE SPRINGS, Fla. — Mercantile Capital Corporation (formerly known as Mercantile Commercial Capital, LLC) chose its first operating day as a new entity to announce a landmark new federal program for the nation’s small business owners.   After months of closed-door negotiations with government […]

Written by on April 1, 2009

U.S. Financial Recovery Program Needs New Category to Reclassify Loans to Save Banks and Cut Costs, Says Career Banking Executive

  ALTAMONTE SPRINGS, Fla. – Geof Longstaff has a good idea—a way to help rehabilitate America’s banks without spending billions of additional tax dollars in bailouts.  Longstaff, chairman at Mercantile Commercial Capital, LLC, the Altamonte Springs firm that ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business […]

Written by on March 10, 2009