New Commercial loan Request Accepted By Clopton Capital
New Commercial loan Request Accepted By Clopton Capital
Chicago, Illinois (PRWEB) August 01, 2011
A new commercial loan request has been submitted and accepted by Clopton Capital and is in the process of underwriting and initial approval by the company. Clopton accepted the commercial loan on the basis that it has a high probability of being funded and that it met initial underwriting guidelines set forth by funding resources of the company. Clopton is planning on moving forward with the loan and meeting the needs of the borrower.
The borrower recently approached Clopton Capital in order to acquire the space that the borrowing company currently occupies. Because the company is planning on acquiring the entire building and the purchasing company occupies less than 50% of the available floor space an SBA loan was not appropriate for this project. Because of this, the borrowing company will need to have a commercial real estate loan arranged by Clopton Capital from a portfolio lending institution that is willing to take on the risk of an investment property multi-use building.
Clopton Capital will entertain and consult on any commercial loans brought to the company, but it is not to be held culpable for any outcome of a consultation. Clopton is a commercial real estate loan arrangement company that provides commercial loan nationwide. For more information please contact the company.
Http://cloptoncapital.com
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