Chicago, Illinois (PRWEB) April 24, 2012
Clopton Capital, a Chicago based secondary market commercial lender, is has added a nationwide gas station portfolio loan option to their petroleum marketing and c-store lending options. The advent of the program comes from stronger banking relationships and loosening credit markets. “We are constantly striving to offer the most competitive and innovative loan option to our borrowers,” says Jake Clopton. The company hopes to finance a myriad of portfolio’s this year due to a lack of this type of lending options in the market.
Due to the national basis of the program, borrowers that were constrained by unsophisticated credit markets in their regions will be able to access capital once unavailable to them. There are gas stations and c-stores located in every corner of the country, however very often, the local banking relationships are nervous to get involved in environmentally risky properties or simply do not have the lending capacity to service large loans. Clopton Capital’s program is for loan amounts of $10 million and above with theoretically no ceiling. Because of the institutional backing of the credit facility, there are unlimited funds available and large portfolio operators and jobbers are encouraged to apply.
The best way to learn about the programs offered by Clopton Capital is to contact a loan officer by visiting the website or calling the direct number.