Chicago, IL (PRWEB) April 11, 2012
Clopton Capital, a commercial mortgage broker based in Chicago, is announcing the continued existence of commercial mortgage rates as low as 3.5%. They had announced access to such rates months ago and had not been confident of if they would continue to exist for the remainder of the year. Due to numerous factors they are now stating that they are in fact confident that these commercial mortgage rates are here to stay for quite a while longer. “It is hard to believe that commercial mortgages would ever become this competitive or that money would be lent at such slim margins and it is even harder to believe how consistently these rates have maintained their competitive nature. Although credit within the commercial loan community is still relatively tight compared to what it was in 2005, the cost of borrowing is so incredibly low that those with great credit have few if any excuses not to borrow working capital under these circumstances”, said Jake Clopton, the founder of Clopton Capital.
The firm intends to make commercial mortgages a stronger part of their ongoing business model in the future due largely to the overall competitive commercial mortgage rates that they feel are helping the United States economy recover by giving commercial real estate owners more incentive to invest in renovating what are distressed properties. “Home loans may have been a significant cause of the recession, but commercial loans will likely be the greatest cure to the working capital problems that ail America”, said Matt Reed, an associate of Clopton Capital.
Clopton Capital can be reached at 866.647.1650. 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.