Chicago, IL (PRWEB) November 27, 2011
Clopton Capital is a semi 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 their three step strategy for saving distressed multi-family residential and commercial properties from the hassles and legalities of foreclosure. According to the firm, the strategy's three steps include a due diligence appraisal, procurement of a competitive short term commercial bridge loan and the simultaneous funding and repayment of the property owner's current loan. “This isn't a new strategy, but it has been incredibly successful in helping us save numerous properties that would have otherwise simply went into default,” said Jake Clopton the founder of Clopton Capital.
The firm claims that utilizing this strategy will allow the typical commercial property to borrow up to 70% of the value of the property they own and use those funds on a twelve to twenty-four month basis while paying only a nominal interest rate. In this time it is the borrower's responsibility to make the necessary improvements to the property and Clopton Capital's task to obtain new lower interest long term financing to carry the debt thereafter. “We work to get the short term debt and pending foreclosure of your back and turn them into a manageable long term financing strategy. Bridge loans aren't the best option in these scenarios, they are the only option,” said Matt Reed, an associate of Clopton Capital.
Clopton Capital is currently eager to speak to commercial property owners with distressed or financially troubled commercial property in need of immediate commercial bridge loan services.
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 bridge loans is CapitalBridgeLoans.com To join their link exchange visit CloptonCapital.com/link.
# # #