Recent Headlines
Within Commercial Lending
Homrock Joins Mars National Bank as Retail Banking Manager
Greg Homrock joined Mars National Bank as Retail Banking Manager of the Mars Office. Mr. Homrock will be responsible for the branch (retail, lending and operations functions) operations, as well as serving individuals and small businesses. - January 10, 2014 - Mars Bank
Paragon Bank Promotes Treasury Management Support Manager Lauren Schlafer to Assistant Vice President
8-Year Industry Veteran Leads Operations, Product Management for Treasury Management Practice - December 25, 2013 - Paragon Bank
Paragon Bank Promotes Sally A. Neuman to Senior Vice President
Banking Industry Professional with 42 Years Experience to Grow Paragon’s Private Banking Operations - December 25, 2013 - Paragon Bank
Paragon Bank Refreshes Brand to Reflect Unique Private Banking Experience for All Clients
Client Experience Model Solves Challenges for Individuals and Companies with Revenues Under $100 Million. - December 20, 2013 - Paragon Bank
Paragon Bank Names Warren Miller Senior Vice President and Client Development Officer
25-Year Commercial Banking Veteran Joins North Carolina-Based Bank - December 15, 2013 - Paragon Bank
Paragon Bank Names Salley Griffith Vice President Client Development Officer
15-Year Industry Veteran Leads Relationship Strategies and for North Carolina-Based Bank - November 20, 2013 - Paragon Bank
Paragon Bank Names Mike Stellar Senior Vice President and Client Development Officer
North Carolina-Based Bank Welcomes CDO with More Than 20 Years Experience - November 17, 2013 - Paragon Bank
Tees & Tunes Presented by Paragon Bank Raises More Than $60,000 for Special Olympics Mecklenburg County
Fourth Annual Tees and Tunes Golf and Cabaret Fundraiser Continues Its Giving Tradition - November 15, 2013 - Paragon Bank
Small Business Lending Grows with Secondary Market Expansion
Mercantile Capital Corporation Announces Partnership to Provide SBA 504 Loans in Underserved Markets. - November 02, 2013 - Mercantile Capital Corporation
Mercantile Capital Corporation Reports $57 Million in Small Business Loans During Third Quarter
Mercantile Capital Corporation today announced that it provided financing for 10 small business commercial real estate projects in the third quarter totaling $57 million in total project costs. These small businesses are spread across five states — California, Florida, Hawaii, Maryland, and... - October 30, 2013 - Mercantile Capital Corporation
Ocean Capital Lending, LLC Expands Its Residential Lending Product Line
Expansion of Lending Products - October 19, 2013 - Ocean Capital Lending, LLC
Paragon Bank Names Scott V. Williams Senior Vice President and Director of Marketing
20-Year Marketing Veteran Leads Communications Strategies for North Carolina-Based Bank - October 09, 2013 - Paragon Bank
Alliance Bank & Trust Hires New Retail Leader
Alliance Bank & Trust, a North Carolina community bank with branches in Gastonia, Shelby, and Kings Mountain, announced the hiring of Sally D. Dunn to their retail banking team as Senior Vice President and Retail Banking Manager. - September 05, 2013 - Alliance Bank & Trust
Val-Chris Investments, Inc. Ranked as One of the Nation’s Top Mortgage Lenders
Val-Chris Investments, Inc. is proud to be named a Scotsman Guide 2012 Top Mortgage Lender. Val-Chris Investments, Inc. was ranked #1 in Hard Money Lending – Volume (Top Overall Volume of $36,250,000). Scotsman Guide, the leading resource for mortgage originators, released its first annual... - August 15, 2013 - Val-Chris Investments, Inc.
Steve Crouse of Paragon Bank Receives 2013 CFO of the Year Award from Triangle Business Journal
CFO of Raleigh-Based Commercial Bank Recognized by Local Publication for Financial Excellence - August 09, 2013 - Paragon Bank
Mercantile Capital Corporation Helps Orlando, Fla. Daycare Expand with Commercial Real Estate Loan Worth $315,000
Mercantile Capital Corporation, one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans, recently closed a commercial real estate loan worth $315,000 in total project costs for Orlando-based Kidz at Work Academy. Kidz at Work Academy offers child care... - June 14, 2013 - Mercantile Capital Corporation
Paragon Bank Names Patsy D. Johnson Senior Vice President, Client Development Officer
27-Year Banking Veteran Will Focus on Private Banking Services - June 13, 2013 - Paragon Bank
Mercantile Capital Corporation Provides Equipment Loan for Apparel Manufacturer in Brea, CA Worth $600,000
Mercantile Capital Corporation (MCC), one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners, recently closed an equipment loan for AST Sportswear, Inc. for $600,000 in total project costs. The purpose of this loan was to... - June 01, 2013 - Mercantile Capital Corporation
Alliance Bank & Trust Brings on Local Veteran Lender
Alliance Bank & Trust, a North Carolina community bank with branches in Gastonia, Shelby, and Kings Mountain, announced the hiring of James C Harris, Jr. to their commercial lending team as Senior Vice President and Commercial Relationship Manager. Mr. Harris is a graduate of Furman University... - May 30, 2013 - Alliance Bank & Trust
Paragon Bank Names Jason Rapuano Vice President and Client Development Officer
Former Credit Analyst Now Responsible for Business Development and Managing Commercial Loan Portfolio. - May 26, 2013 - Paragon Bank
Mercantile Capital Corp. Provides Financing for Construction of a Best Western Suites in Forest Hill, TX Worth $5 Million
Mercantile Capital Corporation, one of the nation’s leading providers of U.S. Small Business Administration 504 loans recently closed a commercial loan for a Best Western Suites in Forest Hill, TX for $5,000,000 in total project costs. - May 25, 2013 - Mercantile Capital Corporation
Alliance Bank & Trust Expands Lending Reach
Alliance Bank & Trust, a North Carolina community bank with branches in Gastonia, Shelby, and Kings Mountain, announced the hiring of Woody T. Washam, Jr. to their commercial lending team as Lake Norman Market President. Mr. Washam is a graduate of Catawba College where he received his... - May 17, 2013 - Alliance Bank & Trust
New Restaurant Being Constructed in Winter Haven, FL; Media and Public Invited to Ground Breaking Event
Mercantile Capital Corporation, which specializes in providing commercial property financing for small business owners via the U.S. Small Business Administration 504 loan program, closed a commercial loan in Winter Haven, FL for Guyer Corral Ventures, LLC d.b.a. Golden Corral Buffet & Grill... - May 09, 2013 - Mercantile Capital Corporation
Home Health Care Provider in Royal Oak, Michigan Receives Commercial Loan from Mercantile Capital Corporation
HealthCall of Detroit, Inc., one of the largest private duty home health care providers in the state of Michigan, recently refinanced acquisition and construction costs totaling $1,626,700, under the Small Business Administration’s 9 month rule. Mercantile Capital Corporation, a leading... - May 04, 2013 - Mercantile Capital Corporation
Mercantile Capital Corporation Provides Refinancing for a Self-Storage Facility in Moreno Valley, CA
Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans, recently closed a commercial loan for A-American, LP to refinance an existing mortgage on a self-storage property in Moreno Valley, California. - May 02, 2013 - Mercantile Capital Corporation
Two Clothing Companies Relocate to Los Angeles’ Famous Fashion District, Aided by Commercial Lender Mercantile Capital Corp
INSX, Inc. and Diamante D. Jeans, Inc., pioneers in the fashion industry, recently relocated after acquiring a warehouse and commercial showroom building in the heart of Los Angeles’ famous Fashion District, on South Crocker Street. - April 13, 2013 - Mercantile Capital Corporation
Mercantile Capital Corporation Reports $47.3 Million Financed in First Quarter; Signals a Return to Pre-Recession Levels in Commercial Lending
Mercantile Capital Corporation, which specializes in providing commercial property financing for small business owners via the U.S. Small Business Administration 504 loan program, today announced that it closed 10 commercial loans in the first quarter to finance projects worth more than $47.3... - April 11, 2013 - Mercantile Capital Corporation
Paragon Bank Names Ryan Borst Senior Vice President and Client Development Officer
Local Bank Adds 15-Year Industry Veteran to Manage Commercial and Personal Banking for Clients. - April 04, 2013 - Paragon Bank
Regional Banking Leader Takes the Helm at Alliance Bank & Trust
Alliance Bank & Trust, a North Carolina community bank with branches in Gastonia, Shelby, and Kings Mountain, announced its board of directors has chosen Mr. Don Harrison to lead their team. Pending regulatory approval, Mr. Harrison will serve as the new President and Chief Operating Officer. - April 03, 2013 - Alliance Bank & Trust
Popular Commercial Lending Group (PCLG) Has Formed a New Agricultural Lending Subsidiary Popular AG Finance (PAF) to Expand Its Existing Agricultural Lending Platform
Popular Commercial Lending Group (PCLG) has formed a new subsidiary company Popular Ag Finance (PAF) to expand its existing agricultural lending business. In 2013 PCLG and PAF have partnered with multiple secondary market investors with assets well in excess of $100 billion USD to increase agricultural lending market share in the United States. - March 29, 2013 - Popular Commercial Lending Group
Cutting Edge Child Care Facility to be Built in Debary, FL Worth Over $3.2 Million; Financing Provided by Mercantile Capital Corp
Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans for small business owners who want to develop their own facilities, recently closed a commercial loan for a unique pre-school and daycare facility in Debary for $3,203,000 in total project costs. This facility will be a... - March 28, 2013 - Mercantile Capital Corporation
Paragon Bank Names Greg Roberts Credit Analyst
Local Bank’s Charlotte Office Adds New Hire to Research and Review Business, Personal Loans. - March 27, 2013 - Paragon Bank
Swap Negotiators Reduces Unwind by $70k for Texas Medical Group
Swap advisors create transaction transparency by having access to the same live market data as the banks so that no hidden bank fees can be included when unwinding an interest rate swap. - March 22, 2013 - Swap Negotiators
Commercial Real Estate Loan Closed in Gardena, CA for $6.9 Million, Funded by Mercantile Capital Corporation
Mercantile Capital Corporation, one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans, recently closed a commercial real estate loan in Gardena, California for $6,959,300 in total project costs. The company is an integrated logistics provider that... - March 21, 2013 - Mercantile Capital Corporation
Paragon Bank Names Kate Feldhouse Assistant Vice President, Client and Market Strategist
Banking Industry Professional to Aid in Private Banking Expansion - March 15, 2013 - Paragon Bank
Paragon Bank Expands Its Raleigh Headquarters to Accommodate Continued Growth
Local Bank Adds Eight Offices, New Conference Room and Lounge Area at Glenwood Avenue Location - March 08, 2013 - Paragon Bank
Swap Negotiators Educates Seminar Attendees on Hidden Interest Rate Swap Fees
Commercial borrowers are informed of a simple way to save hundreds of thousands of dollars. - March 01, 2013 - Swap Negotiators
Mercantile Capital Corporation Provides Loan for Chiropractic Center in Nashville, TN for Over $300,000
Mercantile Capital Corporation, a leading national provider 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 on a medical office condo for Harpeth Chiropractic Center recently for $312,500... - February 28, 2013 - Mercantile Capital Corporation
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Bronx, NY Worth $683,000
Mercantile Capital Corporation, which ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for commercial real estate, closed a loan for Miller Mechanical System, LLC recently for $683,000 in total project costs. Miller Mechanical Systems is a... - February 23, 2013 - Mercantile Capital Corporation
Paragon Bank Names Jennifer D. Terry Director of Market Strategy
Banking Industry Veteran Responsible for Building New Program, Brand Awareness - February 15, 2013 - Paragon Bank
Mercantile Capital Corporation Provides SBA 504 Loan in Castro Valley, CA Worth $1.3 Million
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 Ravi Panjabi, M.S., Inc. d.b.a. Advanced Pain... - February 14, 2013 - Mercantile Capital Corporation
Mercantile Capital Corp Provides Commercial Property Loan in Corona, CA Worth Over $2.1 Million
Mercantile Capital Corporation, 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, recently closed a commercial loan for Christrio Corporation (CHRISTRIO) for $2,133,681 in... - February 09, 2013 - Mercantile Capital Corporation
Mercantile Capital Corp Provides Commercial Loan for Hampton Inn & Suites in Camp Springs, MD Worth Over $15.5 Million
Orlando, Fla./ Mercantile Capital Corporation, 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 a hotel in Camp Springs, MD recently for over... - February 07, 2013 - Mercantile Capital Corporation
Popular Commercial Lending Group Offers Commercial Real Estate Trust Deed Investments with 10% Yield
Popular Commercial Lending Group has released a new commercial real estate investment program for 2013 offering commercial real estate secured investments in mortgage notes with yields in the 8-10% range. - February 02, 2013 - Popular Commercial Lending Group
Popular Commercial Lending Group Adds Farm Loan Line of Credit Product
Popular Commercial Lending Group (PCLG) has added a real estate revolving line of credit product to their agricultural loan product offering. - January 26, 2013 - Popular Commercial Lending Group
Hennessey Capital Adds Equipment Financing to Its Suite of Products
Hennessey Capital adds equipment financing to existing product line. - January 26, 2013 - Hennessey Capital
Mercantile Capital Corp. Announces Record Year, Plans Expansion in 2013
Mercantile Capital Corporation today announced that 2012 was a record year for the nearly 10-year-old company, which specializes in providing commercial property financing for small business owners via the U.S. Small Business Administration 504 loan program. Christopher Hurn, CEO of Mercantile... - January 23, 2013 - Mercantile Capital Corporation
Hennessey Capital to Support The Salvation Army Bed & Bread Program at Annual Red Wings Alumni Hockey Game
Hennessey Capital once again supports The Salvation Army Bed & Bread Program at Annual Red Wings Alumni Hockey Game on Saturday, January 26. - January 20, 2013 - Hennessey Capital
Mercantile Capital Corp Provides Loan for Animal Hospital in Chicago, IL for More Than $530,000
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 Brighton Park Animal Hospital, LLC recently... - January 18, 2013 - Mercantile Capital Corporation
Mercantile Capital Provides Commercial Real Estate Loan in Orlando, FL Worth Over $3.8 Million
Mercantile Capital Corporation, one of the nation’s leading providers of U.S. SBA 504 loans for small business owners who want to acquire or develop their own facilities, closed a loan for McDirmit Davis and Company, LLC and Ledford Financial, Inc. recently for $3,856,000 in total project costs. - January 12, 2013 - Mercantile Capital Corporation