Business News in Brief


— A group of local businessmen with backgrounds in banking, real estate and property management have formed a new direct private lending firm called Capital Funding Advisors LLC.
The principals in Capital Funding Advisors are Jim Simon, Irlan Neas, Mark McElhinney, Mike Sherrill, Steve Dawes and Jim Swiggart.
The company is designed for flexibility in offering loans -- it does not have a loan committee. The targeted customer base comprises hard to place loans and/or short-term real estate secured loans.
Typical loans might also include construction loans to borrowers unable or unwilling to meet institutional criteria.
In-house loans range from $50,000 to $3 million. Larger loans may be funded through other investor capital or bank warehousing lines of credit.
The company can be reached at 879-8765.

Comcast opens downtown office
steamboat springs
Officials of Comcast Cable Television will be on hand to show off their new offices at 625 S. Lincoln Ave. at noon Thursday. Comcast is in the midst of upgrading its systems in Steamboat Springs to allow it to begin offering broadband services.
Construction manager Brad Dorcas said the tentative date for the arrival of broadband service is in September.

Chamber combines meal, networking
steamboat springs
The Steamboat Springs Chamber Resort Association is working to build a series of breakfast networking meetings intended to aid members' efforts to promote their goods and services to other Chamber members.
The next networking session will be held at the Chamber office, next to the Kum and Go and in front of the miniature golf course at 7:15 a.m. Friday.
Participants are asked to arrive prepared to introduce themselves and their companies. They'll be asked to describe what a good business lead would be for their business. Coffee, juice and breakfast pastries will be served.


Use the comment form below to begin a discussion about this content.

Requires free registration

Posting comments requires a free account and verification.