Beeline Holdings (NASDAQ: BLNE), a fast-growing digital mortgage platform transforming the homeownership process, expanded its warehouse lending capacity from $5 million to $25 million to accelerate revenue growth and loan origination volume. The Company’s existing $5 million line with First Funding increased to $15 million, with new $5 million facilities added from Customers Bank and Northpointe Bank. With warehouse lines turning about three times per month, Beeline can now originate up to $75 million in monthly loans amid rising demand ahead of anticipated interest rate cuts.
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About Beeline
Beeline Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans-whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. We believe everyone’s an investor seeking greater financial freedom. That’s why we’re leveling the playing field with the fastest, simplest loans ever, helping you reach your financial happy place.
NOTE TO INVESTORS: The latest news and updates relating to BLNE are available in the company’s newsroom at https://cnw.fm/BLNE
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