Business

Blanket Mortgage closed on 3 retail properties in foreclosure

Gelt Financial, LLC recently closed a blanket mortgage on three retail properties in foreclosure, thought a series of bank mergers the latest bank put this paying loan in default after first cutting off their line of credit. Almost putting this family owned multi location business out of business and caused major problems to them and a lot of sleepless nights. We structured a discount on the existing bank debt and refinanced it into a sable mortgage loan as part [...]

Cash Out Refinance for Owner of Liquor Store to expand

We are pleased to help another small business owner and provide them with a cash our refinance mortgage on a liquor store they owned in Dearborn, Michigan, they came to us wanting to purchase the adjoining the next door property and expand their business. We provided them with a 30 year amortization  cash out refinance mortgage.  We love helping investors and business owners and supply them with the capital they need when others are saying no, we say yes.