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Gerber Finance Closes $11MM Line of Credit Under New Gerber+ Division

January 19, 2021, 08:17 AM
Filed Under: Real Estate


Gerber Finance provided an $11 million line of credit to a prominent Brooklyn-based real estate holding company. This is the second deal under Gerber Finance’s new Gerber+ division that services businesses seeking funding ranging from $10 to $25 million.??

The real estate holding company selected Gerber Finance for its fast and flexible structure and hands-on partner approach. The company will be leveraging the funding to take advantage of new opportunities. The deal closed within two weeks of its inception.?

“We are tremendously excited that Gerber+ is quickly expanding its offering to new businesses in all industries," said Jennifer Palmer, chief executive officer, Gerber Finance. "We recently launched Gerber+, so closing this deal is a huge step in the right direction for our organization. There has been an increasing need for this service in the market, and we’re proud to be working alongside these fast-growing companies as a trusted financing partner.”?

Gerber+ is a new division of Gerber Finance focused on larger deals, allowing the company to appeal to new clients, and grow with existing clients. Gerber+ clients benefit from the company’s ability to offer quick turnaround times – including closing and making accommodations quickly – along with personalized, white-glove service.?


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