Lindell's latest: Bridge banking

Carl Lindell Jr. has been successful in prior decades selling new cars and developing real estate. Now he's trying a new avenue, one that he maintains does what most banks won't.

Late last year he established Lindell Capital, a bridge-loan enterprise that has financed just more than $6 million so far. Recipients of the loans include resort owners, land buyers and high net worth individuals needing quick access to extra cash, he says.

“They deserve to get a loan,” Lindell tells Coffee Talk, adding that commercial banks still appear unwilling to lend even as economic conditions show signs of improvement. “The doors are open and things are happening again.”