Mercantile Capital Corporation Provides Real Estate Loan in Manassas, VA Worth Over $7.3 Million

PRLog (Press Release) - Sep. 25, 2012 - 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 Hotels USA of Manassas, LLC dba Comfort Suites of Manassas recently for $7,350,000 in total project costs.

This Comfort Suites is a 138 room, limited service hotel and is located at 7350 Williamson Blvd. in Manassas, VA.

“The loan package was great, competitive and hassle-free. The staff at Mercantile Capital were the best group of people I have had experience with in years. They were the main reason I stayed with Commonwealth Bank,” said co-owner, Dipen Patel.

Financing was provided by both Mercantile Capital Corporation and Commonwealth Bank.

The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Hotels USA of Manassas, LLC, have an opportunity to create wealth and financial freedom.  Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers 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.