Steve Champlin Email & Phone Number

South Bend, Indiana, United States

Select Capital was started in response to a need in the midwest market. When BANKS are unable to assist and when EQUITY is not desired or available, PRIVATE CREDIT is often time the best solution. Private Credit is defined as a lender that is not a bank. These lenders have no depository services or branches... they just write loans.Our company provides Private Credit to businesses and developers when the traditional bank market can not underwrite. This industry has grown from $1 Trillion in 2020 to $1.5 Trillion in 2024. Morgan Stanley predicts PRIVATE CREDIT markets in the USA will grow to $2.8 million in 2028. It is here to stay and Select Capital is pioneering this innovative financing option in the MIdwest.For business owners and developers, the are advantages of private credit to business owners are: short time to close, higher leverage, flexible terms.Private Credit does things NOW that banks used to provide THEN like: Asset Based Borrowing Bases, Bridge Loans, Unsecured Lines of Credit, Loans on Land, Hotels and Offices.Select Capital was created to bring additional capital into the State of Indiana to help fuel the business renaissance that we are experiencing as of 2024. This year, we have been able to generate term sheets of over $100 million dollars’ worth of PRIVATE funding including:$56.5 million Bridge Loan - Indiana Multifamily• $15.3 million Assisted Living Facility• $5.7 million Bridge Loan - Indiana Hotel• $4.0 million Asset Based Line of Credit – Contractor• $4.5 million Asset Based Line of Credit – Manufacturer• $270,000 business acquisition loan – Indiana Business• $700,000 equipment “cashout” loan- Michigan BusinessWe believe that the Midwest and Indiana, in particular, is positioned to be the economic engine for the US for the next 100 years due to it's location, natural resources, PEOPLE and CULTURE.Please contact us to learn more.

South Bend, Indiana

Thermolite LLC provided an engineered solution for challenging window openings in existing building that required significant SECURITY and ENERGY upgrades. I am very proud of the work we have completed with most all of the Federal Agencies over the past 10 years. Extensive work with ESCOS and energy performance contractors.The company was based in South Bend Indiana; occupied a small manufacturing space and had a product line that showed promise when I was hired by founding ownership to take to the next level of creating a sustainable business with a reputation for doing great work for the government. During the first year, the company was transformed from a small shop to a managed assembly and fabrication facility through the addition of critical equipment, organized processes and getting the right production people on the team. Our company was able to engineer new products; like Retrowal.com; that retrofits large curtainwall structures without removing the windows saving 95% of replacement cost. We were able to complete several projects in Manhattan that totaled over 20,000 windows in a few years.We were also able to design High Pressure Blast Windows - Issued patent 08863440- an installed this product in dozens of federal buildings with great success for on time delivery. We became the goto brand for window retrofits (Thermolite Windows) and we were able to work with agencies direct rather than going through General Contractors or 8A companies. Some of the agencies include FBI, GSA, WHITE HOUSE, CONGRESS, FEDERAL RESERVE, DOD, DEPARTMENT OF INTERIOR.With the addition of our new products, we were able to grow the business and had operating profit margins well above industry standard and sold the business to a strategic buyer in the glass industry which was ownerships goal from the beginning.From 2011, I was very pleased to raise the wages and benefits of the production staff to pay them what was commensurate to our profitability.

Mergers & AcquisitionsCorporate DevelopmentCapital Raises

Nappanee

Owner / operator of metal stamping, fabrication and industrial coating company located in Northern Indiana.The company employed sometimes up to 100 people and had 160,000 square feet of space with large mechanical presses up to 450 tons. We specialized in ceramic coating on steel and deep draw of steel.We were 100% contract manufacturing when we began and changed into a business that prduced our own products with our own brand. This improved profit margins greatly and secured business for the future.We began by creating tooling for a steel lavatory that was shaped like a cast china product that was much heavier and expensive. This was received very well by the RV / MH industry and we are able to pick up new distributors for this and increase our sales. We later designed and built several other sinks for the camper market that did very well.Inventor of the RVQ - the worlds first gas grill that integrated into the side of the RV and used the onboard propane gas. Simple right? The first year we sold 35,000 units.Inventor of the Hummer Grill: Using the success of the RVQ as a launching pad- I decided to get into the tailgating market with an automotive themed grill. Since grills are self-consuming and not built to last a long while- I wanted to have grill line an market the new features and colors like they do with cars. It was a natural fit and PEP BOYS purchased several containers om their first order. When approached by a strategic buyer out of Canada to buy the business, I was the majority owner and decided that the time was right just before 2008 to do so. The building was retained and was sold off later to another group.

Mba

Ms, Systems Engineering

Bs, Physics And Astronomy