Chicago, IL (PRWEB) November 17, 2011
Clopton Capital is a business 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.
Clopton Capital has recently started a small balance mortgage plan for lending small amounts of money that most banks and lenders simply will not. The particulars of this product our specified in one of Clopton Capital's websites, CommercialMortgageSource.com. The tentative minimum amount to lend under this recently launched product is still $25,000 and the maximum is $400,000. Clopton Capital thinks this solution has the potential to aid thousands of applicants who were declined commercial loans from local banks who see no profit in lending less than $1,000,000 to an individual applicant. In most scenarios these mortgages can be placed without broker points too. “I really feel the demand for these loan products will be massive, we're entering a perfect storm where businesses won't be able to get credit, especially if they are borrowing amounts that aren't worth an underwriter's time”, said Jake Clopton, the founder of Clopton Capital.
Clopton Capital's future plans involve expanding their line of semi truck lending and insurance services and creating greater conduits for lending commercial mortgage backed security loans. They intend to use the funds generated from short sales cycle products to fund the promotion of long cycle products such as SBA loans.
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 working capital products. Their website dedicated to commercial mortgage is CommercialMortgageSource.com.