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Within Commercial Lending
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Capitol Heights, MD Worth Nearly $6.7 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 3AM, LLC dba Country Inn and Suites recently... - October 05, 2011 - Mercantile Capital Corporation
Mercantile Capital Corporation Announces Lowest Rate in History for Small Business Administration's 504 Loan Program
Mercantile Capital Corporation today announced a new milestone for the Small Business Administration's 504 Loan Program - a record low interest rate of 4.62 percent for a 20-year fixed rate loan. Business owners, who are looking for capital to invest in their businesses, have an opportunity to borrow money at never before seen rates. - September 26, 2011 - Mercantile Capital Corporation
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Orlando, FL for $352,200
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 Doc Watts Electric, Inc. recently for $352,200... - September 24, 2011 - Mercantile Capital Corporation
Mercantile Capital Corporation Hires Four New Associates
Mercantile Capital Corporation, a wholly-owned subsidiary of Old Florida National Bank, that ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) loans for small business owners who want to acquire or develop their own facilities, recently hired four new... - September 22, 2011 - Mercantile Capital Corporation
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Sanford, FL Worth Over $11.2 Million
Mercantile Capital Corporation, one of the nation’s leading providers of U.S. SBA 504 loans closed a commercial loan for Showtime Investments, Inc. dba Sanford Auto Dealers Exchange (SADE) recently for $11,235,000 in total project costs. - September 21, 2011 - Mercantile Capital Corporation
Mercantile Capital Corporation Announces Lowest Rate in History for Small Business Administration’s 504 Loan Program
Mercantile Capital Corporation, a wholly-owned subsidiary of Old Florida National Bank, today announced that the 20-year effective interest rate for the U.S. Small Business Administration (SBA) 504 Loan Program has fallen to a new all-time low of 4.69 percent. - September 17, 2011 - Mercantile Capital Corporation
Mercantile Capital Corporation Closes on Nine Commercial Loans in August to Finance Projects Valued at Over $21.6 Million
Mercantile Capital Corporation, in Altamonte Springs, a wholly-owned subsidiary of Old Florida National Bank, reports it closed nine commercial loans in August to finance projects valued at more than $21.6 million in Florida, Texas, California, Georgia and Maryland. Chris Hurn, chief executive... - September 15, 2011 - Mercantile Capital Corporation
National Association of Premier Lenders Announces the NAPL Fall 2011 Conference
The NAPL Fall 2011 Conference will be dedicated to discussing the most important issues facing the 504 loan program industry in today’s economy, and will specifically focus on servicing, recovery, liquidation and legislative efforts. - September 02, 2011 - Mercantile Capital Corporation
Mercantile Capital Corporation Closes $11.2 Million Commercial Loan, Largest in Company History
Mercantile Capital Corporation, in Altamonte Springs, recently closed the largest single commercial loan in the company’s eight year history to finance improvements valued at more than $11.2 million at the Sanford Auto Dealers Exchange, located on Martin Luther King Blvd. in Sanford. Geof... - August 25, 2011 - Mercantile Capital Corporation
Chesswood Announces Results for Q2 2011
Portfolio Growth and Low Delinquencies Continue to Generate Strong Results. - August 19, 2011 - Pawnee Leasing Corporation
Mercantile Capital Corporation Closes 24 Loans During First Half of 2011 to Finance Projects Valued at More Than $69.1 Million
Mercantile Capital Corporation, one of the nation’s largest providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, reported it closed 24 commercial loans from Jan. 1 through June 30 to finance projects... - August 04, 2011 - Mercantile Capital Corporation
Impending SBA 7(A) Loan Cap Doesn’t Affect Mercantile Capital SBA 504 Loans
U.S. Small Business Administration funds for small business owners who want to acquire or develop their own facilities under the U.S. Small Business Administration (SBA) 504 loan program aren’t in danger of drying up anytime soon, says one of the nation’s leading providers of SBA 504 loans. - July 29, 2011 - Mercantile Capital Corporation
Jonathan Hill Joins Gibraltar Private Bank & Trust as Investment Strategy Specialist
Gibraltar Private Bank & Trust today announced that Jonathan Hill has been hired as an investment strategy specialist. He will be based in the bank’s Coral Gables headquarters and will work within Gibraltar’s wealth management division. - July 28, 2011 - Gibraltar Private Bank & Trust
Gibraltar Private Bank & Trust Hires Randall Vitale as Senior Vice President, Broward County Market Executive
Gibraltar Private Bank & Trust today announced that it has hired Randall Vitale as Senior Vice President, market executive for Broward County. Established in 1994, Gibraltar Private is an integrated private banking and wealth management company dedicated to enhancing the wealth and well-being of its clients and their families. - July 21, 2011 - Gibraltar Private Bank & Trust
Guarantor Loans Online Expand Loan Product Range
Guarantor Loans Online is delighted to announce the release of a new guarantor loan product which raises the maximum loan amount from £3000 to £5000. The product is set to offer consumers with bad credit more options as the entire market returns to lending. Supporting the new product... - July 07, 2011 - Guarantor Loans Online
Chesswood Closes Purchase of Case Funding
Expands Presence in Specialty Finance Market. - June 25, 2011 - Pawnee Leasing Corporation
Chesswood Announces Results for Q1 2011
Income before Taxes and Fair Value Adjustments Increases by 37%. - June 11, 2011 - Pawnee Leasing Corporation
Mercantile Capital Corporation Closes on Loans in May to Finance Commercial Real Estate Projects Valued at More Than $11.6 Million
Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, closed on loans to finance commercial real estate projects valued at more than $11.6 million in May. Geof Longstaff, chairman of Mercantile Capital Corporation, said the firm's largest single loan financed the... - June 11, 2011 - Mercantile Capital Corporation
Chesswood Group Limited to Enter the Litigation Finance Industry
Case Funding to Join Chesswood’s Specialty Finance Portfolio. - June 04, 2011 - Pawnee Leasing Corporation
Mercantile Capital Corporation Best First Quarter Ever is Lead-in to Projected Major Loans in May
Mercantile Capital Corporation, which earlier reported its best first quarter ever in 2011 with 15 commercial property loans to finance projects that total more than $54.8 million — a 44.6 percent increase over the same period in 2010 — projects record or near record transactions... - May 20, 2011 - Mercantile Capital Corporation
Cadence Infrastructure Offering St. Petersburg, Florida a Sum of $100 Million to Solve Its Funding Issue
Cadence Infrastructure puts up an offering of $100 million to the City of St. Petersburg, Florida to solve its funding issue. Cadence Infrastructure's ability to offer Governmental Agencies these lump sum payments could be a solution to some much needed debt relief and financial stability. - May 13, 2011 - Cadence Infrastructure
Chesswood Group Limited Announces Record Results for Fiscal 2010
Chesswood announced today results for the Fund, for its year-ended December 31, 2010. - April 23, 2011 - Pawnee Leasing Corporation
Mercantile Capital Corporation Logs Best Quarter Ever for Commercial Property Loans
Mercantile Capital Corporation, closed on its best first quarter ever as of March 31, closing on 15 commercial property loans during the 90 day period to finance projects that total more than $54.8 million. - April 14, 2011 - Mercantile Capital Corporation
Mercantile Capital Corporation Now Offers SBA 504 Financing to Refinance Commercial Mortgages
Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, now offers an opportunity for select commercial property owners to refinance their property, for the first time ever at below-market, long-term, fixed interest rates using U.S. Small Business Administration... - March 17, 2011 - Mercantile Capital Corporation
Mercantile Capital Corporation Eyes Major First Quarter Growth
Mercantile Capital Corporation, a wholly-owned subsidiary of Old Florida National Bank, projects record growth in the first quarter of 2011. "We closed seven commercial loans to finance projects in January for $15.2 million," said Chris Hurn, chief executive officer of Mercantile Capital... - March 10, 2011 - Mercantile Capital Corporation
Mercantile Capital Corporation Forms Partnership with San Diego and Atlanta Firms
Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, has formed partnerships with firms in San Diego and Atlanta to provide funding for SBA 504 loans eligible for the SBA’s new First Mortgage Pool (FMP) Program. Geof Longstaff, chairman of Mercantile... - March 03, 2011 - Mercantile Capital Corporation
Interactive Financial Marketing Group Launches Mobile Version of Carloan.com
Smartphone users can now apply for auto loans on flagship financing site - March 02, 2011 - Interactive Financial Marketing Group
BNP Overseas Investment Company to Refinance Three Office Buildings and Hotel in Moscow, Russia
BNP Overseas Investment Company, (BNP-OIC) has been engaged to syndicate a loan to refinance three Class 'A' Office Buildings and one Hotel for $220,500,000. The properties are located in the Central Administrative District in the city of Moscow, Russia. The syndication has a blended interest rate... - February 27, 2011 - BNP Overseas Investment Company
Lendio Closes $6 Million Round of Funding Led by Highway 12 Ventures and GSA Venture Partners
Series A financing fuels public launch of online service that helps small businesses secure loans - February 19, 2011 - Lendio
Mercantile Capital Corporation Names Three New Executives
Mercantile Capital Corp. in Altamonte Springs appointed three new executives recently. Christopher Hurn, chief executive officer at Mercantile Capital Corporation, said he appointed Derek J. Housh as Loan Officer, who will focus on healthcare lending. Housh earned his B.A. Degree in Economics... - February 12, 2011 - Mercantile Capital Corporation
Mercantile Capital Corporation Reports Seven Commercial Loans in January, Up More Than 31 Percent Over Last January
Mercantile Capital Corporation, a wholly-owned subsidiary of Old Florida National Bank, reported it closed on seven commercial loans to finance projects that total $15.2 million in January. - February 11, 2011 - Mercantile Capital Corporation
Mercantile Capital Corp. Launches SBA 504 Interim Loans Website -- SBA504InterimLender.com
Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, which specializes in U.S. Small Business Administration 504 loans that assist small business owners acquiring or developing their own facilities, has announced the launch of a new website dedicated exclusively... - January 28, 2011 - Mercantile Capital Corporation
Mr. Gilles Herard, President of Capital Corp Merchant Banking, Creates $350 Million Fund to Finance Movie Projects
A $350 million movie fund, the brainchild of Mr. Gilles Herard, President of Capital Corp Merchant Banking, will be put in place in 2011. It has been two years in the making and was created specifically to help fund strong movie projects that have not been able to find funding due to the worldwide financial crisis, wherein banks have virtually closed their doors to movie funding. - January 20, 2011 - Capital Corp Merchant Banking
Mr. Gilles Herard Jr., President of Capital Corp Merchant Banking, Creates a Fund for Manufacturing Projects in Canada
Capital Corp Merchant Banking’s President Mr. Gilles Herard is proud to announce that as of 2011 he is putting together a fund for projects in the manufacturing sector of Canada, with special attention to the Quebec province. - January 19, 2011 - Capital Corp Merchant Banking
Mercantile Capital Corporation Ends Best Year Ever with Commercial Property Loans That Total More Than $140 Million
Mercantile Capital Corporation, the wholly-owned subsidiary of Old Florida National Bank that specializes in U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, reported its best year ever in 2010. - January 13, 2011 - Mercantile Capital Corporation
Pawnee Leasing Parent Company Chesswood Income Fund Converts to a Corporation
Pawnee Leasing Parent Company Chesswood Group Limited is pleased to confirm the closing of the previously announced conversion of the trust structure of Chesswood Income Fund. - January 06, 2011 - Pawnee Leasing Corporation
First American Equipment Finance Presented with Community Leadership Award
First American Equipment Finance was presented with the Youth Services Quality Council Community Leadership Award at the YSQC’s annual meeting held on December 10, 2010 for its contributions to the Charles Settlement House. The Community Leadership Award recognizes an organization whose... - December 30, 2010 - First American Equipment Finance
Capital Corp Merchant Banking Signs $10 Million Funding Agreement with Caniin Suriname NV
Capital Corp Merchant Banking signs $10M funding agreement for parboiled rice manufacture. Parboiled rice fetches a premium price compared to cargo and white rice due to its attraction to the upper and middle-income brackets. - December 24, 2010 - Capital Corp Merchant Banking
Capital Corp Signs $15.4 M Funding Deal for Safari Lodge in Zambia, Africa
Capital Corp Merchant Banking is pleased to announce that it has signed on for a $15.4 M project with Zambian corporation Playland Limited to create the Cresta Mukuni Safari Lodge Victoria Falls. The aim of the project is to build an internationally recognized 4-star Safari Lodge with modern... - December 24, 2010 - Capital Corp Merchant Banking
Capital Corp Merchant Banking President and CEO, Mr Gilles Herard, Jr Engineers $20M Funding Agreement with Petrostar
Mr Gilles Herard, Jr, President and CEO of Capital Corp Merchant Banking personally engineered the funding structure for Petrostar's $20 million project, which consists of exploring and developing the company's Bakken oil property in Canada. The funding agreement Mr Herard designed is based on debenture. Mr Herard is a seasoned merchant banker and has been in the banking industry for 38 years. - December 24, 2010 - Capital Corp Merchant Banking
Mercantile Capital Corp. Reports 2010 Shaping Up as Best Year in the Company's History
Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, which specializes in U.S. Small Business Administration 504 loans that assist small business owners acquiring or developing their own facilities, is having the best year in the company's eight year... - December 09, 2010 - Mercantile Capital Corporation
Ruben Recio Brings 30 Years of Corporate Finance Expertise to Novus Commercial Finance
Novus Commercial Finance today announced that Ruben Recio has been named Senior Vice President. Ruben will lead business development as well as client consulting programs for the company. - December 04, 2010 - Novus Commercial Finance
Mercantile Capital Corp. Reports Six Commercial Loans in October Valued at More than $20.3 Million
Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, reported it closed six commercial loans in Florida, California and Connecticut in October valued at more than $20.3 million. Christopher Hurn, chief executive officer of Mercantile Capital Corp., said the... - November 17, 2010 - Mercantile Capital Corporation
EPC Commercial Capital Group, LLC is Pleased to Announce Its Affiliation with Service Financial, LLC – an Inc. 500 Company
New Company Increases Ability for Individual Investors to Take Control of Their Retirement Accounts, Eliminate Investment Fees, and Reduce Tax Burdens. This is all accomplished by setting up a Self Directed IRA. Read on to find out how. - October 19, 2010 - EPC Commercial Capital Group, LLC
Advance My Sales Launches AdvancePlus+ Credit Improvement Merchant Cash Advance
Advance My Sales, a Newport Beach, California-based Merchant Cash Advance and Business Funding Company, has officially launched AdvancePlus+ Credit Improvement for business owners seeking a Merchant Cash Advance. President, Eric Shasha, said “This is a great service that not only helps... - October 14, 2010 - Advance My Sales
Old Florida National Bank Completes Merger with Mercantile Capital Corporation
Old Florida National Bank (Old Florida), headquartered in downtown Orlando, and Mercantile Capital Corporation (Mercantile), based in Altamonte Springs, announced they have closed on their merger agreement three months ahead of schedule. Earlier the two companies announced their intention to merge... - October 10, 2010 - Mercantile Capital Corporation
Chesswood Income Fund Announces Renewal and Expansion of Pawnee Leasing Corporation's Bank Credit Facility
Pawnee Leasing Corporation renewed and expanded its credit facility, for a term of three years. - September 29, 2010 - Pawnee Leasing Corporation
Mercantile Capital Corporation Projects Closing Loans for a Record $140 Million in Total Project Costs in 2010
Mercantile Capital Corporation, the seven-year-old Altamonte Springs firm that specializes in U.S. Small Business Administration (SBA) 504 loans for small businesses, expects to finance a total of more than $140 million in total projects in 2010. Christopher Hurn, chief executive officer of... - September 26, 2010 - Mercantile Capital Corporation
Old Florida National Bank and Mercantile Capital Corporation Announce Merger Agreement
Old Florida National Bank and Mercantile Capital Corporation have entered into a merger agreement. Old Florida National Bank (Old Florida), headquartered in downtown Orlando, expects the merger to be finalized in the late fourth quarter or early first quarter of 2011. Randy Burden, chairman of Old... - August 27, 2010 - Mercantile Capital Corporation
Mercantile Capital Corporation Finances U.S. Small Business Development Projects That Total More Than $500 Million
As U.S. Senators debate a House bill that would provide up to $30 billion in loan guarantees to American small businesses, a Florida-based lender that specializes in funding small business expansion and development projects is toasting a major benchmark: More than a half-billion dollars in loans... - August 18, 2010 - Mercantile Capital Corporation