Orlando, FL, March 22, 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 Arroyo Pacific Academy recently for $2,821,000 in total project costs.
Arroyo Pacific Academy is a unique private High School in the Los Angeles area that focuses on the success of each student in a college prep curriculum. Class size is never more than 15 and teachers have 4 classes only, so they can focus on each individual student’s success. The rigorous curriculum is infused with a wider sense of learning through foreign travel, international student presence in the school and an emphasis on experiential learning as well as tutoring services as an inclusive part of the school’s commitment to student achievement.
With its new loan, Mercantile Capital Corporation will enable the school to expand in numbers and invest in additional well qualified staff. It also facilitates development of the infrastructure needed for this growth in the arts, technology, career and fitness components of the curriculum.
“Mercantile is playing an essential and valuable role in the encouragement of superior educational opportunities for our young people,” said President and owner, Philip Clarke.
Clarke had high praise for the efficiency, thoroughness and personal attention that Mercantile gave to the loan process.
“They guided me through the requirements with great sensitivity to the unique business that a private high school represents while holding it to the rigors of a business transaction. More than that,” added Clarke, “I felt that Mercantile was not merely providing a loan, but a validation of the importance of consolidating the future of American private school education within a secure financial construct. Having dealt with a myriad of banks and other financial institutions over the years, I can say that the experience with Mercantile was truly a rewarding one.”
The SBA 504 Loan program helps owners of small to mid-sized businesses, like Arroyo Pacific Academy, have an opportunity to create wealth and financial freedom. Their specialization in SBA 504 loans, allows borrowers 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.