Altamonte Springs, FL, September 24, 2011 --(PR.com
)-- 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 Doc Watts Electric, Inc. recently for $352,200 in total project costs.
Doc Watts Electric, Inc. supplies a wide range of electrical services for residential, commercial and industrial consumers. The company offers services such as bucket truck services, 24 hour on-call troubleshooting repair and maintenance services, electrical inspections, new construction services, installation of generators and transfer switches and low voltage services.
“Owning our building is going to do great things for our business,” said co-owner, George Rivera.
The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Doc Watts Electric, Inc., have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers, like George and Margarita Rivera, 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.TheSmartChoiceLoan.com and www.504Blog.com.