Daily News: May 2, 2014

Commercial Finance Veteran Launches Yelton Capital Network

Commercial lending industry veteran Barry Yelton announced the formation of Yelton Capital Network. “We wanted to leverage almost forty years of experience and literally thousands of financial connections all across the country to bring to the financial marketplace a new and more efficient resource for capital placement,” said Yelton.

The Network will provide access to capital including unitranche funding, equipment loans, asset-based loans, real estate loans, healthcare finance and factoring. “We are open to projects of all types and sizes though we expect that they will naturally fall into the lower to middle market business spectrum,” said Yelton. “There still remains a substantial amount of inefficiency in the markets for commercial financing. We intend to utilize technology and our enormous network of funding sources to bring greater efficiency to the process and make it easier for business owners, managers, and CFO’s to find the most appropriate type of capital for their companies.”

Yelton’s experience includes national and regional sales and marketing roles for a number of major financial organizations. He added, “The capital markets are undergoing constant change. At present it is a borrower’s market, but that may not be true in a year. We are creating a flexible resource that will continue to grow and evolve along with the financial markets.”

The Network will also offer loan structuring and advisory services.