Gelt Financial, LLC Provides Financing to 99-Unit Phoenix Co-Op Association for Capital Improvements

By |2 min read|Published On: November 22nd, 2024|

For Immediate Release

Gelt Financial, LLC, a leading nationwide private non-bank lender, has provided a $500,000 loan to a 99-Unit Co-Op in Phoenix, Arizona, enabling them to replace every air conditioning unit on the property. After the association had been turned down by several banks, they hired a mortgage broker who brought them to Gelt Financial, and they quickly approved the loan.

“At Gelt Financial, we understand the unique challenges faced by community associations and provide associations with the financing they need when banks will not”, said H. Jack Miller, CEO of Gelt Financial.

Gelt Financial specializes in providing financing solutions to associations that either prefer not to use traditional banking channels or have been unable to secure funding through conventional means. Their streamlined process and flexible lending criteria make them an ideal partner for associations who are facing time-sensitive, capital improvement necessities.

“Our ability to provide quick approvals and closings allows us to step in when traditional banks cannot, ensuring that communities like this Phoenix co-op can maintain and improve their property without delays.”

This successful financing in Phoenix underscores Gelt Financial’s motto: “When your bank says No, we say YES!” The company’s commitment to understanding unique situations has made them a trusted resource for community associations across the nation.

For more information about Gelt Financial’s services for homeowners’ associations, condominium associations, co-ops and more, please visit www.GeltFinancial.com or call their phone number at 561-221-0900.

About Gelt Financial, LLC:

Gelt Financial, LLC is a nationwide, private non-bank lender with over 35 years of experience in providing innovative financing solutions. Specializing in commercial and investment real estate lending, Gelt Financial offers a range of services including bridge loans, hard money loans, and community association financing. With a focus on fast approvals and closings, Gelt Financial has become a go-to resource for borrowers seeking alternatives to traditional bank financing.

Contact: Jack Miller, CEO

Gelt Financial, LLC
Phone: 561-221-0900
Email: info@geltfinancial.com
Website: www.geltfinancial.com

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