Chicago, IL (PRWEB) March 28, 2012
Clopton Capital, a provider of business loans based in Chicago, is announcing that credit profiles of their most recent applicants for nearly all types of business loans have been better than in prior years. They believe this is largely due to improved economic conditions that have benefited the commercial lending community holistically. “There is definitely a sigh of relief that can be felt amongst us about how it has become so much easier to get the more favorable commercial mortgage rates and to have more commercial loan options than we once could,” said Jake Clopton, the founder of Clopton Capital.
The firm intends to focus their future business loan marketing efforts on this message that the commercial lending atmosphere has, in fact, gotten better in the last two years. There are numerous factors, such as unemployment and bank owned debt, they can point to that they feel corroborates this belief. “Now is neither the best nor the worst time to get a commercial loan. Business loans will likely always be available in one form or another, but due to the lack of competition in many business sectors there are many reasons why now is one of the best time to borrow. In my opinion now is the time to borrow to expand your business or commercial real estate holdings simply because there are so many other individuals who won't do so,” said Matt Reed, an associate of Clopton Capital. The firm urges any one with a commercial mortgage to take a look at their commercial mortgage programs which have interest rates as low as 3.5%.
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.