Synergy One Lending, Inc. announces capital increase of $ 50.0 million

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SAN DIEGO, October 18, 2021 / PRNewswire / – Synergy One Lending, Inc., based in San Diego, Calif., Announced that it has completed a $ 50 million financing of corporate tickets with a consortium of institutional investors. The company intends to accelerate its investments in the growth of its distributed and direct-to-consumer retail channels, the development of technology and partnerships, as well as in its portfolio of services.

“Our ability to access capital markets in this enabling environment provides tremendous momentum as Synergy continues to evolve and prosper,” said Steve majerus, CEO. “This strengthens our balance sheet on very attractive terms while allowing us to refine and improve our platform more quickly,” said Majerus.

Synergy One Lending has grown over 500% over the past 4 years and the company completed a management buyout led by its current management team in April 2020.

President Synergie, Aaron Nemec added, “We are touched, grateful and delighted that our recipe for empowerment, cutting edge technology and a fully transparent culture has set us apart in the industry. Nemec then added, “We have been fortunate to attract some of the best talent in the industry and we believe we can accelerate that growth with this capital increase. We will continue to provide our team and clients with the right technology at the right time to create a cohesive and memorable lending process for all the right reasons. “

In addition to expanding its presence in residential mortgages, the company is placing particular emphasis on leveraging consumer-authorized data by presenting customers with solutions for several loan products.

Brean Capital, LLC served as the Company’s exclusive financial advisor and placement agent in connection with the transaction.

Synergy One Lending is based at San diego, california, is currently licensed in 43 states and has operational hubs in Boise, ID, Denver, CO and Dallas, Texas. To learn more about Synergy One Lending, contact Steve majerus.

Contact: Aaron Nemec, [email protected]

SOURCE Synergy One loan

Related links

https://s1lending.com/


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