GELT FINANCIAL BLOG

This Is Exactly How Debtor-in-Possession Financing Works

Debtor-in-possession financing, commonly referred to as DIP financing, is a type of financing central to companies in bankruptcy, specifically those who have filed for Chapter 11 bankruptcy protection within the United States. You may have heard the term DIP

By |2019-05-13T14:10:23-04:00May 13th, 2019|0 Comments

Why Non-Bank Commercial Lenders Are in Such Hot Demand

There’s something about non-bank commercial lenders that’s got everyone jumping for joy in the financial world, but what gives—why are these lenders in such hot demand🔥 as opposed to traditional lenders? It seems like new sports facilities, energy projects, entertainment

By |2019-05-06T10:24:00-04:00May 6th, 2019|0 Comments

Brooklyn, New York Cash out Refinance, No Income verification, Out of country borrower, partial recourse

Cash out Refinance, No Income verification, Out of country borrower, partial recourse, Property had city violations on it that need to be corrected.  They tried their bank and when their bank said no, we said yes and closed the mortgage.

By |2019-03-17T21:54:06-04:00March 17th, 2019|0 Comments

Rehab Refinance investment property in Baltimore Maryland

Rehab Refinance investment property in Baltimore Maryland, several investors owned the property and ran short of capital to fix up the property and complete the job, Gelt financial we provided them with the funds to complete the rehabilitation project. Gelt

By |2019-03-14T15:59:19-04:00November 16th, 2018|0 Comments