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Mercantile Capital Corporation Close Large Real Estate Loan

By Allison Halliday | October 12, 2012

Mercantile Capital Corporation is one of the leading providers of U.S. Small Business Administration (SBS) 504 loans for small businesses who wish to develop their own facilities or acquire additional facilities. They recently closed a deal for Piranha Holdings, LLC worth $1.155,000 in total project costs.

Piranha Holdings is a company that provides laptop parts to wholesalers and retailers around the country. They also sell parts through several different websites, including Amazon and eBay. The owner Fiyyaz Pirani said “Mercantile Capital was able to clarify and streamline the process of obtaining SBA financing. The whole process was very efficient and, of course, effective.”

The SBA 504 Loan Program is designed to help owners of small and medium-sized businesses so they can create wealth and financial freedom. Mercantile Capital’s specialization in such loans enables business owners like Fiyyaz Pirani to own commercial real estate through providing the highest cash-on-cash return financing available, and alleviates the need for owners to tie up capital. More information on the company can be found here.

Allison Halliday is a Realty Biz News contributing writer. She handles International Real Estate and is a seasoned blogger.
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