Artificial intelligence has arrived in the private lending shop. It is screening intake, drafting loan documents, answering borrower questions at midnight, and, in a growing

In recent weeks, Geraci LLP has seen a marked increase in interest from our lender and broker clients in
consumer purpose lending. Some of it traces to tightening margins and intensifying competition on the
business purpose side, and some to growing demand from consumers themselves.

To foreclosure, or not to foreclose, that is the first question. To extinguish or not to extinguish a lease, that is
the second but more complicated question.