Creative Capital for Retail Business Relocation
Service:
Loan Strategy
Client:
Bridge Loan
Funded:
14 Days
Date:
“GlassBox Lending and Peter Steigleder saved my deal with fast, reliable funding.”
Mike N.
Owner Retail
The Challenge
Bank Declined Financing With Two Weeks Left to Close
The client urgently needed capital to complete an escrow closing, the bank denied the loan because their business tax returns were not filed. With only 14 days remaining, the deal was at risk of collapsing and the retailer needed a lender capable of moving quickly without relying on traditional documentation.
Our Approach
Delivering a Fast, Asset‑Based Lending Solution
1. Underwrote the Deal Without Tax Returns
Assessed the real estate collateral instead of income documentation.
Cleared credit and asset verification within hours.
2. Eliminated the Need for a Full Appraisal
Leveraged in‑house real estate expertise to determine property value.
Saved days of processing time and accelerated underwriting.
3. Identified and Resolved a Title Access Issue
Discovered the property lacked a recorded easement for rear‑lot access.
Coordinated with title to secure insurance providing legal access rights.
4. Approved the Loan in 48 Hours
Completed access rights, cleared title, and funded the loan in two weeks.
Ensured the buyer closed escrow on time despite the bank’s denial.
Video Presentation
The Best-Dressed Lender says…
The Results
Bridge Financing That Saved a Time‑Sensitive Escrow
Delivered $840,000 in funding against a $1.4 million purchase.
Completed underwriting without an appraisal by leveraging in‑house valuation expertise.
Cleared title complications, including obtaining insurance to cover rear‑lot access.
Structured a 24‑month bridge loan tailored for operational breathing room.
Allowed the borrower to close within the tight two‑week deadline.
Testimonial
“I can’t thank GlassBox Lending enough. When my bank denied me because of missing tax returns, I thought the entire purchase was over. Peter Steigleder — honestly, the Best Dressed Lender I’ve ever met — took the time to understand my situation and moved with urgency.
Their team approved my loan in 48 hours and solved issues I didn’t even know existed. GlassBox Lending truly saved my deal.”
Mike N.
Owner Retail
