Orlando, FL, February 23, 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, closed a commercial loan for Gravity Defyer Corporation recently for $1,729,600 the SBA portion loan and in total project costs of $4.25 million.
Gravity Defyer Corporation is a footwear designer and manufacturer specializing in shock absorbing footwear and are one of the fastest growing comfort footwear companies in the country. Gravity Defyer offers range of comfort and pain relief footwear from athletic shoes to dress and casual for men and women.
“This was an easy and painless experience for us, thanks to MCC,” said owner, Alex Elnekaveh. “A job well done on their part.”
The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Gravity Defyer Corporation, have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers, like Alex Elnekaveh, 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.