Gelt approves a “DIP” Debtor in Possession for company in Chapter 11 Bankruptcy

Gelt Financial, LLC approved a “DIP” Debtor in Possession first mortgage on a health care facility in New England. Over the years Gelt has developed a specialty in helping owners of the business and real estate thought challenging times. According

By |2020-08-29T05:48:43-04:00July 9th, 2017|Comments Off on Gelt approves a “DIP” Debtor in Possession for company in Chapter 11 Bankruptcy

Gelt Financial buys Multi Family Debt in Chapter 11 Bankruptcy

Gelt Financial, LLC is pleased to announce that is has purchased the debt of two Multi Family mortgages that are in Chapter 11 Bankruptcy.  According to Jack Miller, Gelt’s president, “we have been purchasing opportunistic debt since 1990 when our

By |2019-09-08T23:50:08-04:00December 13th, 2016|Comments Off on Gelt Financial buys Multi Family Debt in Chapter 11 Bankruptcy

Accounts Receivable Financing Approved for Company in Bankruptcy

We are pleased to have secured asset-based financing for a telecommunications and IT company in Chapter 11 Bankruptcy providing them with an accounts receivable line of credit. Prior to contacting us the company was languishing in the bankruptcy process when

By |2021-06-17T16:58:41-04:00August 18th, 2016|Comments Off on Accounts Receivable Financing Approved for Company in Bankruptcy

Portfolio in House Non Bankable Commercial and Real Estate Investment Financing

Loan amounts $50,000,00 and above Commercial Properties or Investment Real Estate Commonsense Underwriting- Deal with decision-makers Customized terms to meet the borrower’s needs (we can be flexible) Purchase, refinance, storied loans, discount note payoff’s, bankruptcy buyouts, a debtor in possession,

By |2020-08-29T06:46:42-04:00January 25th, 2016|Comments Off on Portfolio in House Non Bankable Commercial and Real Estate Investment Financing