Clopton Capital is Seeking Relationship with Residential Bridge Loan Providers
Chicago, Illinois (PRWEB) August 21, 2011
Clopton Capital is a commercial financing firm that is located in Chicago, IL. They primarily focus on commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and semi truck financing. The founder of Clopton Capital is Jake Clopton and this press release is part of Clopton Capital?s consistent effort to remain involved with the public, namely their future clients. Clopton Capital can be contacted at CloptonCapital.com.
Clopton Capital currently receives phone calls and submissions through the internet on a regular basis for residential bridge loans as a result of being on the first page of Google for the keywords ?bridge loan?, ?bridge loans? and ?bridge financing?. Residential bridge loans are simply short term, often interest-only loans that are issued on a twelve to twenty-four basis for the purpose of carrying a homeowners home mortgage debt while that homeowner sources refinancing. Clopton Capital does not carry such products since they are a commercial lending operation and is not entirely interested in becoming a residential loan provider. For this reason Clopton Capital is seeking a profitable relationship with a trusted home bridge loan provider that maintains an excellent reputation within the industry.
?At present I am basically throwing these prospects back into the market. They call and ask about getting a bridge loan on their home and I simply don?t have any products for such a scenario due to the exclusively commercial nature of our business?, said Jake Clopton of the experience he is having with not being able to offer homeowners what they are looking for.
Clopton Capital intends to create a specific section on their website, CapitalBridgeLoans.com, to address residential bridge loan products. It will be clearly stated that the bridge loans are not a product of Clopton Capital but our endorsed by them.
Clopton Capital can be contacted at 866.647.1650 or at their website CloptonCapital.com.
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