Altamonte Springs, FL, December 10, 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 Ozark Trade Corporation, d.b.a. OST-Texaco recently for $2,600,000 in total project costs.
The purpose of the loan is to purchase an existing gas station. The location contains a full service car wash, full service gas station and c-store along with A&W restaurant.
“Acquiring financing for a gas station can be tricky, but the folks at Mercantile know their stuff,” said owner, Ziya Kirman. “They closed this deal much faster than I expected, and it was a pleasure working with them.”
The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like OST-Texaco, have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers, like Ziya Kirman, 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.504Experts.com and http://www.504Blog.com.