MERCANTILE COMMERCIAL CAPITAL PROVIDES COMMERCIAL REAL ESTATE LOAN TO DEVELOPMENTAL THERAPY CLINIC IN MAITLAND WORTH MORE THAN $1.1 MILLION
Altamonte Springs, Fla. – January 16, 2009 – Mercantile Commercial Capital, LLC, 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 Beckman & Associates, Inc. on December 16th, 2008 for $1,185,000.00 in total project costs.
Beckman & Associates Specialty Therapy Clinic was founded in 1984 (incorporated in1999) by internationally recognized motor speech and feeding disorder expert, Debra Beckman, MS, CCC-SLP (www.beckmanoralmotor.com ). The clinic offers services for pediatric speech, occupational and physical therapy needs, as well as speech therapy for adult oral motor concerns. In addition, the clinic partners with the University of Central Florida, Communicative Disorders Department, to mentor future speech language pathologists and to collaborate on definitive clinical research. The current large scale project focuses on healthy babies with difficulty feeding. Thus far, over 1,000 local families have participated in this project.
“The whole staff at Mercantile was very helpful and efficient, from the front desk to my closing contact. The team at Mercantile worked 24/7 to close this loan in a timely manner. They all played a part in making the loan process seamless. Through their efforts, our clinic will be the only facility in the area built to address the needs of environmentally sensitive children, with special lighting; special surfaces for the flooring, ceiling and walls; and air filtration with a UV system ,” said owner/President of Beckman & Associates, Inc., Debra Beckman.
Mercantile Commercial Capital’s SMARTChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Ms. Beckman, 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.
Chris Hurn, Mercantile Commercial Capital, LLC 407-786-5040
Robin Lashley, Mercantile Commercial Capital, LLC 407-786-5040