To Our Valued Customers,

For over 131 years, Modell has proudly served New Yorkers, offering trusted support for short-term cash needs. Today, we announce, with heartfelt gratitude and sadness, that Modell Collateral Loans Inc. will be closing its doors permanently.

While this marks the end of an era for Modell, we are pleased to share that our branches in Bay Ridge, Brooklyn, and 47th Street, Manhattan, will continue to serve you as part of GEM Financial Services. Rest assured, all active loans remain secure and unchanged.

The Modell family extends its deepest thanks for the privilege of supporting New Yorkers through life’s challenges. Your trust in us has meant the world.

For more information about GEM Financial Services, please click the button below.

Thank you for being part of our journey.

Sincerely,
The Modell Family