Chicago, IL (PRWEB) November 10, 2011
Clopton Capital is a provider of semi truck financing 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's new semi truck financing program is said to have a larger capital capital base. This means their capacity for how much they can lend in aggregate to their sum of clients at any given time will be greater. ”Having a larger capital base means the barrier of entry in us growing larger will diminish and we should be able to handle a seemingly infinite number of financing requests”, said Jake Clopton, the founder of Clopton Capital.
The new program, while not necessarily as easy to get approved for, does have better rates. The better are largely due to the fact that this program is meant for the more financially stable and experienced trucker as opposed to prior programs which were built on low down payments and a much easier approval process.
Approval under the new program is expected to be significantly faster than before. Normally it takes weeks to get approved for financing through SemiTruckSource.com, Clopton Capital's semi truck financing division, they are now declaring it should take more than between mere days to one week.
Approval is reported instantaneously to a dealer in Clopon Capital's semi truck financing network where the financed buyer will be able to purchase their truck being pre-approved. “This means that the financed customer can be directed to a dealership where he or she will already have a line of credit to purchase the semi truck of their choice”, explained Matt Reed, an associate of Clopton Capital.
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. Their website dedicated to semi truck financing is SemiTruckSource.com.