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Frank Bromley founded Eclipse Capital Group in 1997 as a commercial real estate finance firm. The company achieved rapid growth as it added business lines of credit, equipment lending, and other forms of corporate financing to its portfolio. Bromley and his team quickly developed an extensive lender base - a financing network including thousands of lenders throughout the United States, Canada, and Europe. The firm has also proved itself adept, as circumstances dictated, at effectively and efficiently restructuring debt and finding appropriate refinancing partners for its clients.
Now, as most community and regional banks still are healing from the economic shocks of the great recession, and nursing their slowlyreviving portfolios, Eclipse continues to cultivate its still-growing, worldwide lender base. CEO Bromley once again has his experienced and growing firm well-positioned in today's stilltenuous climate to help banks and bankers attend to their most urgent needs, maintain their most critical relationships, and bolster their profits.
Bankers' Profit Partners. Though the Michigan economy has been showing recent signs of life, enhanced capital requirements, and strict lending and other regulatory standards, have left most local lenders with narrow lending windows and more stringent borrowing parameters. Eclipse communicates regularly with market lenders, so it understands that many banks remain wary of commercial and non-owner occupied real estate financing. The professionals at Eclipse know how often lenders are asked to make loans they'd like to pursue, but cannot. While some might be able to accommodate certain portions of a client's business but not others, when it turns down the new credit request, customers all too often consider the naysaying bank an enemy. They not only seek another lender, but they also take the rest of their business with them when they find a new opportunity.
Partnering with Eclipse is the best way for any bank to avoid the many difficulties that can follow from having to say "no" to a client. A bank may be able to finance one component of a series of opportunities - the line of credit or the owner-occupied real estate credit, for instance, but not the equipment loan or the plant refinancing. If Eclipse handles the troublesome portions, the bank can keep the rest...