Chicago, IL (PRWEB) March 19, 2012
Clopton Capital, a commercial bridge loan provider based in Chicago, is stressing the importance of interest-only lending for the purchase of rescuing owners from toxic commercial real estate loans and other issues stemming from a lack of working capital. The firm believes that both business owners and commercial real estate loan holders that are having difficulties paying their business loans off can benefit from utilizing an interest-only commercial bridge loan to pay off their current commercial real estate loan and then within the two year term of the bridge loan acquire a new and more competitive commercial real estate loan which will allow them to have more working capital for the decades to come. “In many cases, business owners don't have a lot of time left on their business loans and refinancing can benefit them greatly. Although, if they are having financial difficulties, refinancing might be difficult in itself and this can put them in a catch 22. Therefore a bridge loan which is approved with far less restriction than a commercial real estate loan can help bridge the gap between eligibility for the two types of business loans. Two years is a quite a long time to find a better more long term solution”, said Jake Clopton, the founder of Clopton Capital.
Clopton Capital's future plans involve finding faster ways to source clients who in dire need of immediate capital and outside of short term working capital issues have solid financial credentials.
Any business owners of commercial real estate holders interested in obtaining working capital or some form of a business loan our encouraged to contact the firm at 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.