Chicago, IL (PRWEB) January 09, 2012
Clopton Capital announced months ago that they intended to expand their gas station financing capabilities despite the numerous difficulties that exist within the gas station industry. They stated they would do this by obtaining a direct conduit for providing commercial mortgages and SBA loans.
According to Clopton Capital, finding financing for a gas station has been considered by many in the commercial lending sector to be difficult and thanks to new issues in the European debt market and growing liabilities in petroleum related industries, it will be getting even harder. “I can't think of one reason why acquiring a gas station loan will get easier anytime soon, but I can think of many reasons that the gas station industry is still a great business to enter”, said Jake Clopton, the founder of Clopton Capital. The firm believes that gas stations won't become less compatible with America's energy policy over the next ten years and that current gas station owners should be expanding.
Clopton Capital has now allocated additional SBA and commercial mortgage conduit resources towards the financing of gas stations in the coming year as part of their belief in this industries continued viability. “We have put our money where our mouth is. If we didn't believe that these loans were worth writing we certainly wouldn't be marketing gas station financing”, said Matt Reed, an associate of Clopton Capital. The firm currently markets their gas station specific services through their domain GasStationLoanSource.com. The firm states in some cases interest rates can be as low as 4%.
Those interested in learning more about gas station financing are urged to contact Clopton Capital at 866.647.1650 or at their website CloptonCapital.com.
For more information on Clopton Capital's gas station financing services, visit GasStationLoanSource.com. To join their financial link exchange visit CloptonCapital.com/link.