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Mercantile Capital Corporation Provides Commercial Real Estate Loan in Saco, ME Worth Over $2.9 Mil

Mercantile Capital Corporation, one of the nation’s leading providers of U.S. SBA 504 loans for small business owners, closed a commercial loan for XL Soccer World Saco, LLC recently for $2,930,000 in total project costs.

June 10, 2012 - PRLog -- Orlando, Fla./ Mercantile Capital Corporation, 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 XL Soccer World Saco, LLC recently for $2,930,000 in total project costs.

XL Soccer World is comprised of a number of different indoor soccer facilities, all of which are owned by Ciaran McArdle and Kris Lamb.  XL Soccer World has facilities in North Carolina, Orlando, and its newest location will be in Saco, Maine.  Mercantile also provided financing for the Orlando facility.

“Once again, it was a pleasure to work with MCC, and they saw this through right to the finish line in their usual professional and upbeat manner,” said co-owner, Ciaran McArdle.  “This deal is important to Central Florida, as we will now be using our Orlando facility as a training hub not only for Maine, but for all our further facilities as we continue our expansion.”  

The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like XL Soccer World Saco, LLC, have an opportunity to create wealth and financial freedom.  Their specialization in SBA 504 loans, allows borrowers, like McArdle and Lamb, to own their commercial property with the highest cash-on-cash return financing available, without tying up their precious capital, so they can grow even faster.

For more information, visit http://www.504Experts.com and http://www.504Blog.com.

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Contact Email:
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Source:Mercantile Capital Corporation
Location:Orlando - Florida - United States
Industry:Banking, Real Estate
Tags:Commercial Property Loan, Commercial Real Estate Loan, 504 Loan, Sba 504 Loan Program, Mercantile Capital Corporation
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