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ALBANY, NY, May 29, 2012 — /PRNewswire/ — Kris Roglieri, founder of Prime Commercial Lending and Commercial Capital Training Group announces that he has purchased an interest in Durham Commercial Credit Corporation.#xA0; The Rochester based factoring company has been in business since 2005 and Roglieri has been brought in to help grow the company.

I am excited to be partnering with Durham Commercial Credit Corporation, which has an outstanding record of helping businesses both small and large, grow, said Kris Roglieri, founder of Prime Commercial Lending and Commercial Capital Training Group.#xA0; I look forward to being part of the team to grow this company and in doing so we will help countless companies succeed and hire additional staff.

Durham Commercial Credit Corporation provides a wide-range of commercial financing including purchase order financing, account receivable financing and factoring among others.#xA0; Since 2005, the company has provided financial backing to countless businesses in Central New York as well as nationally and internationally.#xA0;

Roglieri brings nearly 20 years of entrepreneurial expertise to Durham Commercial Credit Corporation, having founded two companies: Prime Commercial Lending and Commercial Capital Training Group.#xA0;

Prime Commercial Lending is a New York based commercial finance lender working to provide its clients lending of all types, including real-estate loans, equipment leasing, sale leasebacks, medical financing, business acquisition financing, and more.#xA0; Commercial Capital Training Group is a one-of-a-kind program, which provides the tools necessary to allow entrepreneurs to successfully own and operate their own full service commercial finance company.#xA0;

As banks continue to tighten capital for small businesses, independent commercial lending institutions continue to provide opportunities for business growth and the entrepreneurial spirit, added Roglieri.#xA0; #xA0;

Contact: Eric Wohlleber #x2013; (518) 694-3034

SOURCE Prime Commercial Lending

After receiving several requests for resort construction and acquisition loans throughout the Caribbean and Central America, CLD has partnered with international and domestic funds to bring its clients various hospitality financing options, including construction, mini perm, bridge, and traditional loans.

Atlanta, Georgia (PRWEB) May 30, 2012

With the collapse of many of the banks in Puerto Rico, the Caribbean, and Central America, real estate investors and developers have been seeking alternative financing options in the United States in order to get their resorts and hotel loans financed. Recognizing this need, Commercial Loan Direct a business division of CLD Capital out of Atlanta, GA, has partnered with both international and domestic funds in order to meet its clients’ various hospitality financing needs.

Under this new program, CLD Capital is now able to provide funding for hoteliers in need of debt, equity, or a combination of both. It is also able to provide for various products ranging from ground-up construction to traditional loan products, including everything in between (ie bridge loans, mezz debt, preferred equity, and mini perms). Offering some of the most competitive rates in the industry and both recourse and non-recourse options, CLD Capital hopes to become a major player in the Caribbean resort market over the coming months.

For these programs, CLD requires that the project’s sponsor(s) be financially strong, have relevant experience, have a full business plan and clear exit strategy (and if relevant, construction cost analysis and draw schedule) and be able to put in 20-35% equity into the project. If additional equity is necessary, CLD can also arrange for equity investments in strong projects.

Commercial Loan Direct (CLD) a division of CLD Capital is a wholesale commercial lender and apartment mortgage banker originating for its own portfolio. In addition to offering its own financial programs, CLD has partnered with institutional investors, Fannie Mae, Freddie Mac, FHA, SBA, USDA, life insurance companies, banks and real estate investment trusts to bring you a wider selection of additional lending vehicles. With a focus on commercial loans over $1 million, a diversified mix of financing products, a state of the art online commercial lending platform, and a staff of experienced professionals, CLD provides a cost-efficient solution for apartment lending and commercial property financing.

View CLDs Commercial Loan Rates as of today

For the original version on PRWeb visit: http://www.prweb.com/releases/prwebhotel-finance/hospitality-resort-loans/prweb9555961.htm