Mercury Capital Corporation.New York-based Mercury Capital Corporation, a short-term mortgage lending company, has recently made a two-year, $620,000 first mortgage loan on a parking facility located on Atlantic Avenue The following streets in the United States are named Atlantic Avenue:
"This transaction was an opportunistic opportunistic /op·por·tu·nis·tic/ (op?er-tldbomacn-is´tik) 1. denoting a microorganism which does not ordinarily cause disease but becomes pathogenic under certain circumstances. 2. type deal," said Daniel. "The buyer was. currently leasing and operating the business at this location and, our loan enabled him to consummate an extremely complex purchase from the seller, a feuding estate in litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . Due to an expiring contract, the purchaser needed a lender with the ability to close the deal in a very tight time-frame." Mercury Capital Corporation, founded in 1989, offers borrowers an immediate financing alternative for short-term needs. Gap/Bridge financing, discounted mortgage buy backs, unpaid tax remittances
Remittances are transfers of money by foreign workers to their home countries. , foreclosure foreclosure Legal proceeding by which a borrower's rights to a mortgaged property may be extinguished if the borrower fails to live up to the obligations agreed to in the loan contract. workouts, bankruptcy resolutions and short fuse opportunity financing are all examples of transactions which can be closed extremely quickly. Mercury Capital lends on properties nationwide and offers loan amounts ranging from $300,000 to $10 million. |
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