Orlando, FL, July 21, 2012 --(PR.com
)-- Mercantile Capital Corporation, a national leading provider of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, recently closed a commercial loan for Global Leading Foods HHP for $2,760,000 in total project costs.
Global Leading Foods is the premier High Pressure Processing toll processor located in the heart of America’s food distribution network in Dallas, Texas. HPP is a non-thermal process using water under very high hydrostatic pressure to produce packaged foods that are safer, longer lasting, more natural, and better tasting.
“I want to thank Mercantile Capital Corporation for their help in bridging the funding from the SBA along with Legacy Texas Bank,” said owner, Kelley Battles. “We needed an institution to help us succeed in getting the money needed until SBA funding and making this deal happen, and we weren’t sure what to expect when MCC was contacted for the bridging the funding gap. Mercantile went to great lengths to close the loan, and their contribution to our project as the intermediary lender is very much appreciated.”
The SBA 504 Loan Program helps owners of small to mid-sized businesses, like Global Leading Foods HHP, 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.