The 504 Blog

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Mortgage and Lending - Mercantile Capital Corporation
I regularly comment on things of interest to my target audience of business owners and entrepreneurs. Typically, you'll find the most current information on SBA loan programs, economic and entrepreneurial ideas and discussion, and much, much more.
RECENT BLOG POSTS
As you may have read in my last blog post, MCC had a very successful 2010. We have some great people working for us, and they really outdid themselves last year. But we also have our Clients and Referral Partners to thank for our success. I’d really like to thank you face to face, so watch the vi...
01/18/2011
Calling 2010 the “Best Year Ever” might sound a little strange, since we’re still dealing with the aftereffects of the “Great Recession.” But it’s true: this past year was the best year yet for Mercantile Capital Corporation, and this is very good news for the rest of our economy (I’ll explain wh...
01/05/2011
  I read an email the other day from one of my favorite economists, Brian Wesbury. I like him because he’s usually a contrarian, voicing opinions very different from most others, and he’s generally an optimist like me (though we seem to have almost gone “out of fashion” these past few years). I’v...
12/21/2010
I wrote a blog post for commercialdeals.com/blog that was posted last night. They had asked for my take on the mid-term elections, and I thought you might find this interesting. There were five top issues for small businesses in this year’s mid-term election, and these same things should be caref...
11/04/2010
The “big day” is tomorrow — don’t forget to vote! If you still haven’t watched or shared THE CRISIS ON MAIN STREET video yet, please do so right away. I can’t emphasize enough how important this message is, and I want as many people as possible to see it before voting tomorrow. If you have watche...
11/01/2010
I’ve written and narrated a video called THE CRISIS ON MAIN STREET: How Washington Continues to Ignore Small Businesses that I hope will give Small Businesses and Entrepreneurs a common voice and common purpose as we get ready to cast our votes in the mid-term elections. When the American Recover...
10/22/2010
On Monday, September 27th, President Obama signed into law the bill known as HR 5297, or the Small Business Jobs and Credit Act. I’ve been reading a lot of commentaries about what is and isn’t included in this new law, and there is still some ambiguity about parts of this legislation. I’ve read t...
09/28/2010
I’ve been keeping my eyes and ears open for news about HR 5297 now that Congress is back in session, and have received word that the bill made it through cloture today.  The cloture vote passed 61 to 37. This means there’s less than 30 hours left to finish debating it before the final bill is vot...
09/14/2010
In early August I announced that the 20-year, fixed interest rate for SBA 504 loans (aka SmartChoice Commercial Loans) had fallen below 5.00% for only the second time in history. Well, I’ve got even better news this month . . . The 20-year, fixed interest rate on all SBA 504 loan projects has now...
09/09/2010
As you may already know, I host a monthly Small Business Success Strategies® TeleSeminar where I give forward-thinking business people like you access to today's best-selling and leading business authors, consultants, marketing gurus and other successful Entrepreneurs. I'm very excited that Sally...
08/18/2010
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