Mercantile Commercial Capital, LLC CEO, Chris Hurn, Discusses Impact Of SBA 504 Loans On Economy
Chris Hurn, CEO of Inc. 500 company Mercantile Commercial Capital, LLC, discusses the role of the SBA 504 Loan program in jumpstarting the American economy, in a recent blog posting.
Altamonte Springs, Fla. – December 1, 2008 – Chris Hurn, CEO of Mercantile Commercial Capital, LLC, which specializes in U.S. Small Business Association (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, recently wrote a piece entitled “Can the SBA 504 Loan make a difference in our Economic Crisis?”
The blog, published on his popular blog at http://www.504blog.com, considers the positive economic impact that the SBA 504 loan program can have on our sagging economy, if properly utilized and promoted by our leaders in Washington.
In the blog posting, Hurn writes, “I have been a strong advocate for many years of at least allowing America’s entrepreneurs and owners of small businesses to utilize 504’s to refinance their business debts. Enabling them to have access to what is consistently the least expensive financing available in the commercial marketplace, would trigger a substantial economic stimulus exactly where we need it most: for the innovative small businesses that constitute 78.9% of the job creation in this country and over 50% of the private sector employment . . . for the people that will lead us out of our economic downturn. We need existing government programs to work optimally before we create brand new ones. The politicians in Washington need to look no further than the SBA and its 504 loan program for options to jump-start our economy . . . I think it’s time they start, for their sake and ours.”
The entire blog can be found at http://www.504experts.com/blog/can-the-sba-504-loan-make-a-difference-in-our-economic-crisis.php
About Mercantile Commercial Capital:
Recently named to the Inc. 500 list of America’s Fastest Growing Companies, Mercantile Commercial Capital has been called the “Fastest Growing Commercial Lender in America,” the “most unique and entrepreneurial bankers around,” and the “fun bankers.” From its start in 2003, MCC has focused on providing SBA 504 loans for small business owners to acquire or enhance their own facilities. The company was named “Best Place to Work” by the Orlando Business Journal in 2005, 2006 and 2007.
Additional information on MCC and its loan offerings is available at www.TheSmartChoiceLoan.com