You have to believe that someone who has spent two or even four years at war in a desert is more durable to the harsh realities of owning a business
Chicago, IL (PRWEB) November 12, 2011
Clopton Capital is an SBA loan 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.
The Small Business Administration has recently stated, “With thousands of service men and women returning from wars in Iraq and Afghanistan, the U.S. Small Business Administration is welcoming them home with programs and initiatives to help them start, grow and expand their businesses”. Clopton Capital is pleased to see that the Small Business Administration is using their power to help returning veterans establish their own businesses. This year has been marked as one of the largest for funding 504 and 7a SBA loans specifically for veterans. This year so far the Small Business Administration has funded $1.5 billions worth of these loans. “The idea of helping people start businesses as opposed to simply handing out unemployment-like benefits is a welcome change in how our country deals with the issue of jobless veterans”, said Matt Reed, an associate of Clopton Capital.
Clopton Capital claims there are numerous benefits to lending to veteran owned businesses. One is that these businesses are preferred for receiving government contracts and therefore often get a leg up over non-veteran owned businesses. The firm also states that another benefit to lending to veterans lies in the simply in the fact that someone with military training is
more likely to succeed in operating a business than a mere college graduate. “You have to believe that someone who has spent two or even four years at war in a desert is more durable to the harsh realities of owning a business than someone who hasn't”, said Jake Clopton, the founder of Clopton Capital.
Clopton Capital intends to create specific web pages to promote SBA loans directly and specifically to veterans. They believe this will be advantageous since the Small Business Administration has more capability to loan to veterans than those who are not.
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 SBA loans is SBABusinessLoanSource.com.