Mercantile Capital Corp Provides Commercial Real Estate Loan in Draper, UT Worth Over $9.8 Million

Oct. 26, 2011 - PRLog -- Altamonte Springs, Fla./ October 26 – 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 Jed R. Bindrup, MD, PC recently for $9,894,000 in total project costs.

Dr. Jed Bindrup is a plastic surgeon, who purchased part of the Canyon Crest Medical Plaza—a premier medical facility located in the Salt Lake City area.  Dr. Bindrup currently has 21 years of experience, and earned his medical degree from the University Of Utah School Of Medicine.

“In these economic times, it can be very difficult to obtain a loan,” said Dr. Jed Bindrup.  “Mercantile Capital made my experience much more pleasant than it could have been, and we are grateful to them for that.”

The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses have an opportunity to create wealth and financial freedom.  Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers, like Dr. Bindrup, 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.TheSmartChoiceLoan.com and http://www.504Blog.com.

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Mercantile Capital Corporation ranks as one of the most active providers of SBA 504 loans nationwide, providing owners of small and mid-sized businesses the option to own commercial property with up to 90 percent loan-to-cost financing. Visit www.504Experts.com or www.504blog.com for more information.