Recent Headlines
Within Commercial Lending
Hana Financial, Inc. President & Chief Executive Officer Sunnie Kim Wins Los Angeles Business Journal 2012 Asian Business Award
Ms. Kim, selected out of 34 finalists, won the Los Angeles Business Journal 2012 Asian Business award because she is a co-founder of Hana Financial, the first minority-owned full service finance company in Los Angeles. In addition, Ms. Kim redefined the roles of women in Asian enterprises when she became the first female chief executive officer and president of a major Korean enterprise. - August 01, 2012 - Hana Financial, Inc.
Paragon Commercial Bank Names Stephanie Bryant as Vice President Development Officer
VP Development Officer Responsible for Managing Clients’ Personal Banking Accounts - July 29, 2012 - Paragon Bank
Chesswood Group Limited Announces Renewal and Expansion of Pawnee Credit Facility
Chesswood Group Limited announced today that Pawnee Leasing Corporation ("Pawnee"), Chesswood’s largest operating business, renewed and expanded its credit facility, for a term of four years, expiring in July 2016. The existing credit facility was due to mature in September 2013. - July 27, 2012 - Pawnee Leasing Corporation
Christopher Hurn Nominated for 2012 Small Business Influencer Awards
Christopher Hurn, CEO and Co-founder of Mercantile Capital Corporation, has been nominated for a 2012 Small Business Influencer Award in the category of “Small Business Expert.” The Small Business Influencer Awards honor those who are influential to small businesses in North America,... - July 27, 2012 - Mercantile Capital Corporation
Mercantile Capital Corporation Provides Commercial Financing for a Hotel in Rehoboth Beach, DE Worth Over $2 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, develop or refinance their own facilities, recently closed a commercial refi loan for Canalside Inn, Inc. for $2,020,000... - July 26, 2012 - Mercantile Capital Corporation
Metro Magazine Readers Name Paragon Commercial Bank "Best Bank for a Loan"
North Carolina’s First Business-Only Bank Receives Prestigious “Standing Ovation” Top Prize for Loan Services - July 25, 2012 - Paragon Bank
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Coppell, TX for Over $2.7 Million
Mercantile Capital Corporation, a leading national provider of U.S. SBA 504 loans for small business owners who want to acquire their own facilities, recently closed a commercial loan for Global Leading Foods HHP for $2,760,000 in total project costs. - July 21, 2012 - Mercantile Capital Corporation
Suisse Credit Bancorp Has Launched a New Website, www.suisse-Credit-Bancorp.ch
Suisse Credit Bancorp (SCB), a leading global financial services provider, has launched a new website, www.suisse-credit-bancorp.ch, aimed at highlighting SCB's premium products. - July 20, 2012 - Suisse Credit Bancorp
Hennessey Capital Welcomes New Marketing Director
Hennessey Capital, a Michigan-based finance company providing working capital to entrepreneurial companies, announced today the hiring of Katie Mullin as its new marketing director. In this position, Mullin is responsible for the development and execution of all marketing and communication... - July 20, 2012 - Hennessey Capital
Mercantile Capital Corporation Closes 14 Commercial Loans in June - - Nine Year Old Company Approaches Billion Dollar Loan Mark
Mercantile Capital Corporation, which ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans to small business owners who want to acquire or develop their own facilities, closed 14 commercial property loans in June to finance projects valued at... - July 18, 2012 - Mercantile Capital Corporation
Paragon Commercial Bank Names Terri Bowles as Client Relationship Coordinator
7-Year Banking Industry Veteran Responsible for Client Relations - July 18, 2012 - Paragon Bank
Suisse Credit Bancorp Adapts to New Market Challenges
Economic uncertainty, high unemployment and reduced liquidity in traditional financial institutions has led organisations to the challenge of finding new cost effective sources of funds for trade transactions. - July 11, 2012 - Suisse Credit Bancorp
Paragon Commercial Bank’s Wire Room Crime Fighting Efforts Recognized by FBI Director Robert Mueller
Commercial Bank Focuses on Preventing Hijacking of Client Account Information - July 11, 2012 - Paragon Bank
Mercantile Capital Corporation Finances Commercial Real Estate Project in Raleigh, NC Worth Over $1 Million
Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans for small business owners who want to acquire their own facilities, recently closed a commercial loan for East Coast Gear Supply for $1,008,630 in total project costs. - July 07, 2012 - Mercantile Capital Corporation
Mercantile Capital Corporation Provides Financing for BBQ Restaurant in Rocky Mount, NC for Over $2.5 Million
Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans for small business owners, closed a commercial loan recently for Gardner Foods, Inc. dba Gardner’s BBQ for $2,500,000 in total project costs. - July 05, 2012 - Mercantile Capital Corporation
Mercantile Capital Corporation Reports Record Number of Commercial Real Estate Loan Closings in May
Mercantile Capital Corporation, one of the nation’s leading providers of U.S. SBA 504 loans to small business owners who want to acquire own facilities, reports it closed a record number of commercial loans in May. - June 28, 2012 - Mercantile Capital Corporation
Hana Financial, Inc. Completes $26.6 Million Small Business Loan Securitization
Hana Small Business Lending, a subsidiary of Hana Financial Inc. and a nationally ranked top 25 SBA lender, completed a $26.6 million securitization on Friday, June 22. - June 27, 2012 - Hana Financial, Inc.
New Leasing Partnership with Leading iPad POS Creator
Lease POS NOW is now the exclusive Leasing Company for Revel Systems and will approve All customers on the spot for iPad POS systems. The Lease even has a Hardware replace policy which states free upgrades every year. - June 22, 2012 - Lease POS NOW
Empire Capital of America Announces Strategic Plan to Allow Equipment Leasing Regardless of Credit History
A growing company in commercial leasing, Empire Capital of America is working with financially strapped small businesses to help provide the capital those clients’ need. - June 13, 2012 - Empire Capital of America
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Saco, ME Worth Over $2.9 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 XL Soccer World Saco, LLC recently for $2,930,000 in total project costs. - June 12, 2012 - Mercantile Capital Corporation
Commercial Lending X Announces New Correspondent Relationship
Commercial Lending X proudly announces additional funding source with aggressive new loan programs to provide real estate financing throughout the US. - June 11, 2012 - Commercial Lending X
Mercantile Capital Corporation Provides Commercial Real Estate Loan for Hotel in Roslyn, New York
Mercantile Capital Corporation, which ranks as one of the nation’s leading providers of U.S. SBA 504 loans for small business owners, recently closed a commercial loan for Roslyn Claremont Hotel. - June 08, 2012 - Mercantile Capital Corporation
Mercantile Capital Corporation Finances Commercial Real Estate Project in Morgan Hill, CA for Over $2.2 Million
Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans for small business owners who want to acquire their own facilities, closed a commercial loan for Pan Pacific RV Centers, Inc. for $2,200,00 in total project costs. - June 07, 2012 - Mercantile Capital Corporation
Paragon Commercial Bank Names Mark Bolash Senior Vice President and Client Development Officer
12-Year Industry Veteran Responsible for Treasury Management, Business Development - June 06, 2012 - Paragon Bank
Mercantile Capital Corporation and Plaza Bank Provide Financing for Pre-School in Culver City, CA for Over $2.4 Million
Mercantile Capital Corp, a leading provider of U.S. SBA 504 loans for small business owners, joined with Plaza Bank to close a commercial financing package for Branches Atelier recently for $2,474,000 in total project costs. - June 02, 2012 - Mercantile Capital Corporation
Paragon Commercial Bank Names Jessica Kerr Collins Vice President and Client Development Officer
Nine-Year Industry Veteran Responsible for Client Deposits and Business Development - May 31, 2012 - Paragon Bank
Paragon Commercial Bank to Lend Resources to the Alternative Board
Triangle-Based Business Bank Partners with Organization Supporting Small Business Owners - May 26, 2012 - Paragon Bank
Western Sky Loans is Pleased to Launch Cash Loans Service Online
Western Sky Loans has finally launched its much awaited online cash loan services. The company has superfast loans that help people get their hands on much needed money in times when they have no other way to get cash. - May 19, 2012 - Bright Sky Lending
Mercantile Capital Corporation Provides Financing for Best Western Inn & Suites in New Braunfels, TX Worth Over $3.1 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, recently closed a commercial loan for New Braunfels Hospitality, LLC, dba Best Western Inn & Suites, for $3,150,000 in... - May 19, 2012 - Mercantile Capital Corporation
Mercantile Capital Corporation Closes Nine Commercial Loans in April to Finance Projects Valued at Over $38.8 Million
Mercantile Capital Corporation, which specializes in U.S. SBA 504 loans to small business owners reports it closed 9 commercial loans in April worth more than $38.8 million in total project costs. - May 17, 2012 - Mercantile Capital Corporation
Paragon Commercial Bank Holds Presentation on Harvesting Retirement Income
Mark Staples of Wells Fargo Advisors, LLC Discusses Planning for Retirement - May 16, 2012 - Paragon Bank
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Houston, TX Worth $660,000
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 refinance their own facilities, closed a commercial loan for Stage Directions, Inc. recently for $660,000 in total... - May 12, 2012 - Mercantile Capital Corporation
Paragon Commercial Bank Sponsors Triangle Tea Society Events
Group Offers Networking Opportunities to Triangle-Area Women Business Leaders. - May 11, 2012 - Paragon Bank
Mercantile Capital Corp Provides Loan for Holiday Inn Hotel & Suites in Salt Lake City, UT for Over $14.5 Million
Mercantile Capital Corporation, who specializes in U.S. SBA 504 loans for small business owners who want to acquire or develop their own facilities, closed a commercial loan for Sunshine Hospitality Group, LLC dba Holiday Inn Hotel & Suites recently for $14,522,000 in total project costs. The... - May 10, 2012 - Mercantile Capital Corporation
Chesswood Announces Increase in Dividend and Earnings
Chesswood Group Limited announced today that its monthly dividend will increase from $0.05 per share to $0.055 per share, effective with the dividend for the month of May, payable in June. - May 06, 2012 - Pawnee Leasing Corporation
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Kansas City, MO Worth $9.8 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 Greens Healthcare, LLC dba Corner Brook Place... - May 05, 2012 - Mercantile Capital Corporation
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Olympia, WA Worth Over $3.4 Million
Mercantile Capital Corporation, one of the nation’s leading providers of U.S. Small Business Administration 504 loans for small business owners, closed a loan for Chandra Holdings, Inc. dba Quality Inn recently for $3,450,000. - May 03, 2012 - Mercantile Capital Corporation
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Madras, Oregon Worth $3,455,247
Mercantile Capital Corporation, one of the nation’s leading providers of U.S. SBA 504 loans for small business owners who want to acquire their own facilities, closed a commercial loan for Madras Cinema 5, LLC recently for $3,455,247. - April 28, 2012 - Mercantile Capital Corporation
Paragon Commercial Bank Contributes Almost $40,000 to Raleigh and Charlotte Communities in 2011
Donations Include Funding for Special Olympics of Mecklenburg County and First Tee of the Triangle - April 25, 2012 - Paragon Bank
Commercial Real Estate Financing Up in California
California commercial real estate financing using a popular government-guaranteed loan program jumped 43 percent for the first quarter of 2012 compared to the same 3-month period a year ago, according to CDC Small Business Finance, one of the nation’s largest small business lenders. CDC... - April 21, 2012 - CDC Small Business Finance
Mercantile Capital Corporation Provides Financing for Restaurant in Norcross, GA Worth $850,000
Mercantile Capital Corporation, a leading national provider of U.S. SBA 504 loans for small business owners who want to acquire or refinance their own facilities, recently closed a loan for J.R.’s Log House, Inc. for $850,000. - April 21, 2012 - Mercantile Capital Corporation
Mercantile Capital Corporation Launches Free iPhone App: SmartChoice® Commercial Loan Calculator
Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans for small business owners, recently launched the SmartChoice® Loan Calculator iPhone application, available free online at the iPhone Apps Store. - April 19, 2012 - Mercantile Capital Corporation
Paragon Commercial Bank to Donate $5,000 to Wake Education Partnership
Local Bank Contributes to Education Nonprofit Focused on Increasing Student Performance - April 19, 2012 - Paragon Bank
Mercantile Capital Provides Loan for Purchase of Holiday Inn Express in Bothell, WA Worth Over $6 Million
Mercantile Capital Corporation, a leading national provider of U.S. SBA 504 loans for small business owners who want to acquire or develop their own facilities, recently closed a commercial loan for Holiday Inn Express, for $6,078,000. - April 14, 2012 - Mercantile Capital Corporation
Paragon Commercial Bank Names Andy Scott Senior Vice President and Client Development Officer
14-Year Banking Industry Veteran Responsible for Treasury Management, Business Development - April 14, 2012 - Paragon Bank
Hana Financial Names Bryan Hitchcock as National Production Manager
Hana Financial Inc. has named Bryan Hitchcock as National Production Manager for its growing home mortgage division. With two decades of sales management and mortgage lending experience, Hitchcock is responsible for overseeing and developing Hana's home mortgage call centers. - April 13, 2012 - Hana Financial, Inc.
Mercantile Capital Corporation Ends Record Quarter with $81.9 Million Financed
Mercantile Capital Corporation, which specializes in U.S. Small Business Administration 504 loans to small business owners, reports its first quarter loan volume was the highest in the company’s 9-year history: 24 loans for $81.9 million in total project costs. - April 12, 2012 - Mercantile Capital Corporation
Mercantile Capital Corporation Provides Financing for Preschool in Naperville, IL for Over $1.1 Million
Mercantile Capital Corporation, a leading provider of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire, develop or refinance their own facilities, closed a commercial loan for Just For Kids Preschool, LLC recently for $1,180,000 in total project costs. - April 07, 2012 - Mercantile Capital Corporation
Paragon Commercial Bank Hosts Wake Education Partnership Leadership Council’s Semi-Annual Meeting
Paragon President and CEO Bob Hatley Serves as 2012 Leadership Council Chair - April 06, 2012 - Paragon Bank
Mercantile Capital Corporation Provides Commercial Real Estate Loan in South El Monte, CA Worth $659,000
Mercantile Capital Corporation, which launched nine years ago, ranks as one of the nation’s leading providers of U.S. SBA 504 loans for small business owners who want to acquire or refinance their own facilities, closed a loan for Ramirez All Electric recently for $659,000 in total project costs. - April 05, 2012 - Mercantile Capital Corporation