Chicago, IL (PRWEB) January 12, 2012
Clopton Capital, a Chicago based commercial real estate loan firm, is announcing their strategy for saving commercial real estate from foreclosure. The plan involves three steps and while the firm admits it can save all commercial real estate owners from losing their property, they believe it can help many.
The first step in their strategy is to prevent a foreclosure by utilizing an interest-only bridge loan. This can usually be accomplished in about seven days and allows the current commercial mortgage to be paid off immediately.
The second step is to assess the business or commercial real estate owner's creditworthiness and put together various options. These typically range from SBA loans, commercial mortgages, or in some cases some other form of commercial financing. Once the best option is found the loan is acquired at a time when the already existing bridge loan carries a payment that is typically far lower than the commercial mortgage which was previously on the property.
The third step is to acquire funding from the new long term loan and use it to pay off the current bridge loan. This is intended to create a long term an affordable plan for the business or commercial real estate owner that makes it feasible for them to have a lower monthly commercial real estate loan payment and very possibly at a rate as low as 4% interest.
Clopton Capital intends to publicize and market this plan heavily throughout 2012 in an effort to save commercial properties from imminent foreclosures in a manner they believe will be both mutually beneficial and extremely helpful to the American economy as a whole.
Commercial real estate owners and business owners who are seeking business loans or commercial real estate loans should contact Clopton Capital at 866.647.1650. The firm can be reached during normal business hours central time.
For more information on Clopton Capital's business loan services visit CloptonCapital.com/businessloans.html. To join their financial link exchange visit CloptonCapital.com/link.