Calabasas, CA (PRWEB) December 08, 2015
Anchor Loans, Leading Hard Money Lender, Promotes Lora Geis to Chief Operating Officer
Anchor Loans, LP (“Anchor”), a leading direct private money lender in the nation in providing qualified developers with quick bridge financing for non-owner occupied properties (the “fix-and-flip” industry), announced today the promotion of Lora Geis to the position of Chief Operating Officer. Prior to this appointment, Geis served as Anchor’s controller, bringing to the company 15 years of accounting and financial management experience garnered in the public and private sectors of accounting and real estate finance and development.
“I am excited to work even closer with Lora, who has demonstrated tremendous management expertise. Lora has been instrumental in the company’s recent success since its association with Wafra Capital Partners and I know she will expertly assist in Anchor’s continued national expansion.” says Anchor’s President, Steve Pollack.
A results-driven financial management professional, Ms. Geis will work closely with Anchor's President in managing day-to-day operations, including oversight of the finance, loan servicing and human resource areas, as well as business expansion opportunities.
Of her appointment, Geis says, “This is a very exciting time for our company. I look forward to contributing to the growth and development of Anchor Loan’s business and I’m delighted to be promoted to Chief Operating Officer so I can continue to contribute to its future success.”
Born and Raised in Ventura County, California, Ms. Geis graduated from California State University Northridge with a degree in accounting and earned her CPA while performing audits, compilations and tax returns at a Ventura based public accounting firm.
About Anchor Loans
Anchor Loans has been profitable every year since its founding in 1998 and has shown exceptional performance for its entire history – especially through the real estate downturn and housing crisis of 2008-9. Anchor has originated more than 11,000 short-term loans totaling over $2.75 billion; this includes $477 million in originations in 2014 and a 2015 pace of $700 million. Anchor Loans’ experience, relationships and proprietary Fintech platform set it apart from other lenders in its ability to rapidly evaluate, underwrite and fund loans, typically in as few as 5-10 business days.