Mercantile closes $11M in January transactions

ALTAMONTE SPRINGS - Mercantile Capital Corp. reports it closed on five commercial property loans worth more than $11.6 million in total project costs in January. The firm ranks as one of the largest providers of U.S. Small Business Administration 504 loans in the nation.

Christopher G. Hurn, president and chief executive officer of Mercantile Capital Corp., said Mercantile Capital’s largest project in January was $4.7 million for the construction and improvements of an existing convenience store in Las Vegas.