Orlando, FL, January 27, 2012 --(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, provided a commercial real estate loan for Master Automatic Machine Company recently for $2,430,000 in total project costs.
Master Automatic Machine Company is a manufacturer of precision-turned parts and related assemblies. The company has been servicing the auto industry since 1942 and sells its products primarily to automotive industry customers located in the Midwestern U.S.
Companies like Master Automatic Machine Co. are taking advantage of the recent changes in SBA rules. These changes now allow SBA 504 financing for a wider range of business expenses – including refinancing of current commercial mortgages.
For more information, contact Chris Hurn at 407-786-5040 or visit http://www.504Experts.com.