Altamonte Springs, Fla. – 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 Horizon Food Company, DBA, Horizon Food Brokers recently for $606,500 in total project costs.
Horizon Food Company, who began operations in 1999, is a Manufacturer broker who represents 35 different food, disposables, paper and janitorial manufacturers. They sell to a wide variety National Distribution companies such as Sysco, US Foodservice, Cheney Brothers, Gordon Foods, Flowers Foods, XpedX as well as local and regional restaurants, including Hooters, Millers Ale House, Margaritaville, Kerrs Wing House, Gator’s Dockside, Orlando Magic, Walt Disney World and Columbia.
“This loan allows us to expand our facilities and enhance our operations, and we’re excited about what it will do for our business,” said owner, John Brauner. “We’ll be able to provide better service than we ever thought possible to our valued customers, and we expect to continue our growth and increase the profitability of Horizon Food Company. Many thanks to Mercantile Capital Corporation for helping us with this.”
The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Horizon Food Company, have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers, like John Brauner, 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 www.TheSmartChoiceLoan.com and www.504Blog.com.
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