We were very pleased and excited to provide first mortgage purchase money financing to a hard working businessman who managed the business and got the opportunity to purchase it, using our financing. The gas station, C-Store also had a self service car wash attached to it and was located in Memphis, Tennessee. While banks would not do this deal, Gelt welcomed the opportunity.
Gelt focuses on the collateral, and cash flow to repay the loan and is not as hyper focused on some of the things that banks are, allowing us to provide financing when banks don’t.
Gelt loves to empower business people and real estate investors, by allowing them to use our capital to build a business or make a real estate investment. We make the American dream into a reality for so many hard working people.
As part of its robust national growth strategy, Gelt Financial plans to continue to lend to business and real estate investors when banks are not.
To learn more about Gelt Financial’s lending capabilities and the advantages it offers to commercial real estate owners and investors across the U.S., please visit www.Geltfinancial.com.
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender. We closed more than 10,000 loans totaling over $1 billion since 1989. Gelt focuses on providing debt to non-bank borrowers on all types of commercial real estate, including but not limited to multifamily, office, retail, warehouse, industrial, self-storage, and mixed-use.