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Commercial Lending
What makes Gelt Financial different, and why do our customers love
us?
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At Gelt Financial we listen to you and understand your needs.
We specialize in commercial mortgages and financing to investors. |
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As a non-bank lender, we can usually put together a deal in
a matter of days, not weeks. You also benefit by talking directly
to us, the decision makers, so we can gain an insight into your
business, which an impersonal bank can’t do. |
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As direct lenders since 1989, we are able to both approve
your commercial loan and then work with you during term of its
financing to help your business grow. |
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The Gelt Difference is that we don’t sell our loans;
we make our decisions based on common sense, not on secondary
market guidelines. |
Our Commercial Products include:
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Financing from $25,000 to $250,000 and higher |
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Term loans or Lines of Credit |
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Not FICO score driven but commons sense driven |
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Loans for self-employed --no income qualification loans |
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Blanket loans instead of cash down payments |
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LTVs based on value, not on sales price |
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Loans for corporations, LLCs and partnerships |
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Seller Seconds |
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Gifts of Equity |
Our Services include:
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Common sense underwriting with credit problems understood |
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Quick underwriting approvals and closings |
Doing business with us is E-Z
Gelt wants to finance any deal that makes sense and fits within our
flexible guidelines.
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Loan Amounts: $25,000-425,000 |
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Property Values: $50,000 minimum |
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Credit Quality: While we don’t base
our loans on our borrowers’ credit scores, you must demonstrate
a credit history that convinces us that you’ll pay us
back. |
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Down Payment/LTV: Gelt will lend you up to
75% of the appraised value of your property. Our buyers do not
necessarily need to put any of their own money into the transaction. |
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Terms: Typical terms are a 3-year balloon
with a 15-year amortization. |
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Rates: Typical interest rates are as low
as 8.375 %. |
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