Former Maryland Bank Executives Form Democracy Capital

Boutique Lender to be headquartered In Bethesda, MD

Feb 17, 2016, 07:00 ET from Democracy Capital

BETHESDA, Md., Feb. 17, 2016 /PRNewswire/ -- James Plack, former CEO of American Bank, and J.R. Schuble, the bank's former chairman, today announced that they had formed Democracy Capital Corporation (DCC), a boutique specialty lender that will specialize in all types of small-balance commercial loans including niche real estate loans, bridge loans and loans to professional athletes.

Headquartered in Bethesda, MD, Democracy Capital Corporation's loans will typically range from $50,000 to $10,000,000. Its clients will be professional athletes, business owners and commercial real estate experts in need of transitional financing. Clients may have previously been turned down for a traditional bank loan because of the uniqueness of the collateral, the type of loan, or due to the need for quick funding.

Democracy Capital will also provide long-term financing when bank financing is not available.

Plack said that Democracy Capital Corporation will provide its clients with rapid responses and the ability to see beyond spreadsheets. "DCC has already shown that it will move very quickly when a client needs a quick decision," he said. "We fully understand that business opportunities often can't wait for multiple committees to meet and endless discussions to take place."

Schuble said that Democracy Capital would also consider loans and collateral that more old-style lenders would reject out-of-hand. "DCC will look at the quality of the opportunities and the businesses that are presenting them," he said. "We won't be limited by outmoded concepts and rulebooks."

About Democracy Capital
Democracy Capital Corporation (DCC) is a boutique specialty lender with extensive experience in all types of small balance commercial loans including niche real estate loans, bridge loans and business loans. Loans typically range from $50,000 to $10 million

DCC's clients are business owners, commercial real estate experts and professional athletes in need of transitional financing. These clients may have previously been turned down for a bank loan because of their credit history or the uniqueness of the collateral or loan request. Democracy Capital also provides long-term financing when traditional bank financing is not available. 


SOURCE Democracy Capital