(PRWEB) February 16, 2012
Clopton Capital, a commercial mortgage firm based in Chicago, has recently decided to lower their closing fees on their flagship commercial mortgage product. They view this as significant since the product was already being approved on borrowers at rates sometimes as low as 3.5%. They feel that lower the transactional costs on commercial mortgages will put them at a competitive advantage as compared to many banks also marketing similar products through traditional means. The firm has decreased their commercial mortgage refinancing fees by 50% which they believe will drive more prospects to their firm. “It's clearly going to make doing business less lucrative on the front end, but we are hoping it pays off in the long term. Not only are we hoping but we are confident enough to forego half of what is typically charged on the belief that it will be mutually beneficial”, said Jake Clopton, the founder of Clopton Capital.
The firm's future plans involve maintaining their new more competitive transactional fees in relation to commercial mortgages. They also intend to offer more free resources to attract prospects into researching their services. “We are attempting to adopt more of a freemium business model where we give lots of free information in exchange for a greater payoff in the long run”, said Matt Reed an associate with Clopton Capital. The firm currently maintains roughly one dozen websites, all of which give some free information on commercial financing and intends to expand this in the future.
Any businesses or commercial real estate owners who are seeking business loans are urged to contact Clopton Capital at 866.647.1650 or via their website CloptonCapital.com.
For more information about Clopton Capital’s business loan services visit their website dedicated to them at CloptonCapital.com. To join their financial link exchange visit CloptonCapital.com/link.