AdThese changes to our semi truck financing products are good shift. We are focusing on providing our services to people who are more financially stable and this makes us more attractive to the dealerships we forward the approved loan applicants to
Chicago, IL (PRWEB) October 28, 2011
Clopton Capital is a commercial truck financing provider and is located in Chicago, IL. They primarily focus on commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and owner operator 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 is announcing that they are no longer to be considered an “easy credit provider”. They will now focus almost entirely on applicants who have adequate to excellent credit ranking's since this allows them more options for the caliber of truck that can be financed. The decision to do this was based largely on what they considered an unacceptable number of declined applications throughout 2011.
Clopton Capital is claiming that their current commercial truck financing programs will now be more convenient as the firm is now integrated with a network of dealerships who will be referred pre-qualified loan applicants of Clopton Capital. “We have formed a strategic partnership with one of the largest semi truck dealers in America. They are very excited to start meeting pre-qualified candidates that are sent to them directly from us”, said Matt Reed, an associate of Clopton Capital.
The commercial truck financing services of Clopton Capital will now also require larger down payments than before. Previously the firm advertised that commercial truck financing could be obtained for only $500 down, now most all applicants will be expected to furnish several thousand dollars as a down payment. “These changes to our semi truck financing products are good shift. We are focusing on providing our services to people who are more financially stable and this makes us more attractive to the dealerships we forward the approved loan applicants to”, said Jake Clopton, the founder of Clopton Capital. The firm states that with the larger down payments comes better warranties and newer trucks with fewer miles.
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 loans. Their website dedicated entirely to commercial truck financing is SemiTruckSource.com.