The more banks and financial institutions turn their back on gas station financing, the more valuable we become
Chicago, IL (PRWEB) April 06, 2012
Clopton Capital has been contracted as a correspondent investment bank for what they claim is one of the most aggressive gas station portfolio lending programs that is available in the commercial lending world. They have the capacity to structure the financing for portfolios with a global DSCR of 1.3 or better at 75% loan to value and up to the amount of $150 million. “If you are looking to refinance your portfolio of gas stations or convenience stores and have a low loan-to-value, Clopton Capital has the ability to cash you out up to 75% LTV of the appraised value”, said Matt Reed an associate of Clopton Capital.
The firm recently assisted a borrower that had a low amount leverage and needed some working capital for down payments to expand his portfolio. According to Clopton Capital, that borrower now has the capital to put 25% down on at least three new gas stations because of what Matt Reed of Clopton Capital structured for him. Clopton Capital reduced his interest rate from 6.5% to 4.75%, and they also gave him $3,500,000 in working capital with 75% leverage. “Lots of banks and lending institutions are dropping their gas station lending programs and it is leaving borrowers in the dust when they need to refinance, we aren't. The more banks and financial institutions turn their back on gas station financing, the more valuable we become”, said Matt Reed.
Any businesses who would like to find more competitive gas station financing options or are looking to purchase a portfolio of gas stations, are encouraged to call Matt Reed, their gas station financing specialist, at 224-523-7831. Matt Reed guarantees there are no fees to simply seek financing through them.