Business Loan Improvements Proposed by Clopton Capital in New Year

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Clopton Capital wants to propose and develop numerous improvements to the commercial lending industry on a holistic level.

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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 wants to propose and develop numerous improvements to the commercial lending industry on a holistic level. For one, they believe an industry standard form should be drafted for the use of field underwriting within the commercial lending industry. They believe this would would make underwriting commercial loan risk more turn key and more simplistic to understand. Second, the firm believes an electronic referral network with legal binding referral commissions should be established to make it easier for one commercial lending entity to refer business to another and to be sure they will be compensated.

The firm does not believe it is feasible for them to establish and implement these ideas on their own but would like to network with other firms to create them. “We obviously aren't ready, willing, or able to do this on our own, but we would love to network with other commercial lenders who believe this industry could operate more smoothly with a little bit of organization,” said Matt Reed, an associate of Clopton Capital.

“We need more solidarity in this industry which will benefit all of us in the end. Currently there are solid protocols for how to process and underwrite business and it's increasing the transactional cost for all of us,” said Jake Clopton, the founder 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 business loans. Their website dedicated entirely to semi truck financing is SemiTruckSource.com.

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Eric Smith

Jake Clopton
Clopton Capital
866.647.1650
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