About 18 months ago we received a referral from a workout attorney, he had a client who owned a multi-location small business. Their current lender a local bank had put them in default and they stopped accepting payments from them. We looked at it quickly and issued an approval. It took about 6 months for the bank to agree but they agreed to take less then was owed and we closed the loan. The borrower could not go to [...]
Miami, Florida, closing on free standing school building used as a Collage, No income verification, Self-employed, $1,225,00.00 Cash out First mortgage e are fast and flexible, deal directly with the decision makers, When your bank says No, We say Yes. 561-221-0900 or www.Geltfinancial.com Gelt offers financing to real estate investors and commercial property owners with programs that include no income verification mortgages, Bank turn downs and credit problems welcomed, bridge mortgages, foreclosure buy out mortgages, foreign national programs, Contact us online at [...]
This borrower’s seller financed mortgage came due on his commercial condo space. Gelt Financial, LLC was able to assist the borrower in refinancing his commercial property from which he runs his family owned machine shop business. We assisted the borrower in obtaining a fixed fully amortized loan with no income verification. When your bank says No, we say Yes, Gelt offers non-bank financing to real estate investors and commercial property owners with programs that include no income verification loans, no [...]
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 [...]
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.