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Mercantile Capital Corp Provides Commercial Property Loan in Corona, CA Worth Over $2.1 Million

Mercantile Capital Corporation, one of the nation’s leading providers of US SBA 504 loans for small business owners who want to acquire their own facilities, closed a commercial loan for Christrio Corporation for $2,133,681 in total project costs.

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Feb. 7, 2013 - Orlando, Fla./ February 7 – Mercantile Capital Corporation, 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, recently closed a commercial loan for Christrio Corporation (CHRISTRIO) for $2,133,681 in total project costs.

Established in January of 1998, CHRISTRIO was developed to make nail products less complicated and to promote profitable and successful businesses, providing better products to nail salons.  The company also offers courses in beginner, advanced, intermediate, and Educational Sales Consultant (ESC) in both acrylic and gel, through their Institute of Advanced Nailery.

Financing was also provided by Plaza Bank, a community business bank located in Southern California and Southern Nevada.

“Plaza Bank stepped up late in the game when the client was left stranded by another bank,” said Todd Massas, Senior Vice President of Plaza Bank.  “We approved the loan in just one day and brought Mercantile in to assist with the bridge financing.  With their help, we were able to meet the year end close of escrow requirement.”

The SBA 504 loan program helps owners of small to mid-sized businesses, like CHRISTRIO, have an opportunity to create wealth and financial freedom.  It 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 www.504Experts.com and www.504Blog.com.

+Chris Hurn
Entrepreneur, Speaker, Writer/Blogger, Leader. Mercantile Capital Corporation only finances commercial real estate for other entrepreneurs and small business owners all over the U.S. utilizing the SmartChoice Commercial Loan program (aka the SBA 504 loan).

https://plus.google.com/115154557906153112192?rel=author

Contacts:
Chris Hurn, Mercantile Capital Corporation, 407-786-5040

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Contact Email:
***@mercantilecc.com Email Verified
Source:Mercantile Capital Corporation
Phone:407-786-5040
Address:60 N. Court Avenue, Suite 200
Zip:32801
City/Town:Orlando
State/Province:Florida
Country:United States
Industry:Real Estate, Business
Tags:, , , ,
Shortcut:http://prlog.org/12075494
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