Chicago, IL (PRWEB) September 08, 2011
Clopton Capital is a provider of commercial loans 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.
In the past Clopton Capital has cited concerns regarding numerous applicants of their SemiTruckSource.com site being declined due to bad credit, but the same applicants often had adequate amounts of capital to purchase semi truck via programs with larger down payments. Through Clopton Capital's new relationship with a lender who doesn't have specific credit guidelines many are acquiring commercial truck financing who would not have been able to before. “There are some really bizarre credit situations out there. People with significant amounts of capital yet they have a home foreclosure on their record. They are worth lending to but only if they can put a substantial amount of that capital up to purchase a semi truck”, said Jake Clopton, the founder of Clopton Capital.
Clopton Capital's future plans involve marketing themselves for semi truck fleet financing and increasing their ability to lend to even more credit unworthy applicants. “The next big business plan for us is to finance entire fleets of trucks for major clients. Obviously the margins will be lower, but the potential will be massive”, said Matt Reed, an associate of Clopton Capital. Clopton Capital believes that even though many of their applicants are considered high-risk borrowers, that they're likely better off with their own semi truck than without.
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 related products. Their website specifically for semi truck financing is SemiTruckSource.com and also eSemiTruckFinancing.com which is merely a nearly identical sister site.