Altamonte Springs, FL, December 03, 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, recently refinanced three Max & Erma’s locations for $4,307,000 in total project costs, located in Lancaster, Findlay and Chillicothe.
The Max & Erma’s concept originated in 1981 and comprises 51 corporate owned locations and 23 franchise locations located throughout Ohio, Michigan and Pennsylvania. The concept is a casual dining atmosphere specializing in gourmet burgers with each location decorated with local artifacts.
“I talked to 20 different banks until I found MCC, and they got to work on my loan quickly,” said owner, David Denti. “The process was not without its bumps, but MCC continued to encourage and reassure us that we were going to get this deal done. They really know what they’re doing, and I wouldn’t want anybody else working for me when it comes to dealing with the SBA.”
The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Max & Erma’s, have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers, like David Denti, 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.