Most farmers who are financially stable and successful seem to have the proper outlets in place already for getting farm financing, the one's who can not get financing from institutions other than us aren't usually worth patronizing.
Chicago, IL (PRWEB) October 23, 2011
Clopton Capital is a commercial loan provider that is located in Chicago, IL. They primarily focus on commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and semi truck financing. The founder of Clopton Capital is Jake Clopton and this press release is part of Clopton Capital's consistent effort to remain involved with the public, namely their future clients. Clopton Capital can be contacted at CloptonCapital.com.
Clopton Capital has decided to cease marketing farm loans and likely cease providing farm financing in the future. They say this decision comes from frustration over the lack of quality applicants that have submitted their information through their website FarmLoansToday.com. “Most farmers who are financially stable and successful seem to have the proper outlets in place already for getting farm financing, the one's who can not get financing from institutions other than us aren't usually worth patronizing. It is a shame because it is such a necessary service to America”, said Jake Clopton, the founder of Clopton Capital.
The decision made by the firm is not to never provide a farm loan, but simply to not solicit this type of commercial loan or market it online at all. Currently Clopton Capital is converting their website FarmLoansToday.com into a website used to promote their other services. “In the future nearly all requests for any type of financing will be routed through SBA loan channels. Solutions built specifically for farm financing are simply not going to work for our needs or the needs of our clients anymore”, said Matt Reed, an associate of Clopton Capital.
Clopton Capital's future plans involve adopting various new financial services including some personal financial services. This would include fixed annuities for consumers and merchant cash advances for businesses.
Clopton Capital can be contacted at their website CloptonCapital.com or at 866.647.1650 during regular business hours central time. Their website contains more specific information about their commercial loan products.