Mercantile Commercial Capital Reports Closing of Commercial Loan in Page, Arizona Worth More Than $600 Thousand in Total Project Costs

Altamonte Springs, Fla./September 29, 2008– 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 Lake Powell Furniture, Inc. on September 12th for $619,000 in total project costs.

 Lake Powell Furniture in Page, Arizona prides it’s self on being the “small town headquarters for brand name, high quality home furnishings.”  Additionally, they offer an expansive selection of flooring and accessories.  Lake Powell is devoted to offering the best customer service, which include services like free delivery and set of new furniture and removal of old furniture.  “Even though there are over 2,000 miles between us and Mercantile, they completed our loan seamlessly, letting us focus on the operations of our company – not letting the loan process take our attention off our business,” said Kip Bennett, owner of Lake Powell Furniture.   

 Mercantile Commercial Capital’s SMARTChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Mr. Bennett, have an opportunity to create wealth and financial freedom.  Mercantile’s specialization in SMARTChoice Commercial Loans, also known as SBA 504’s allow borrowers to own their property with the highest cash-on-cash return available, without tying up their precious capital.

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Chris Hurn, Mercantile Commercial Capital, LLC 407-786-5040

Robin Lashley, Mercantile Commercial Capital, LLC 407-786-5040

Larry Vershel or Beth Payan, LV Communications, 407-644-4142

Posted Under: Mercantile Commercial Capital