Loans4Less.com Inc., an online mortgage brokerage firm, has been operating primarily in California for more than two decades. The company’s primary aim is to become a national loan origination brand platform for compliant residential mortgage programs and other consumer loans.
From its base, Loans4Less originates mortgage loans to the public via its website: Loans4Less.com. The company offers real estate brokerage services with very competitive rates, terms and costs, daily rate updates and other market information, and prides itself on honest and excellent service. It also counts on several wholesale lenders for its retail home loan programs.
The company’s retail mortgage platform is an attractive brand which has great potential for advertising mortgages and other consumer loans. This is one of the reasons why the company’s main focus is to quickly grow its revenues via smart and cost-effective advertising with a strategic bank broker national origination partner that will effectively build and expose the Loans4Less brand name in order to maximize shareholder value.
Most recently, in March 2015, Loans4Less entered into an acquisition agreement with 321LEND, Inc., a wholly-integrated consumer lending and peer-to-peer technology platform that can originate loans in volume to consumers seeking unsecured terms based on credit scores and other underwriting criteria. The Loans4Less-321LEND transaction is subject to closing conditions but, once complete, 321LEND will become a Loans4Less subsidiary, and the combined company will be able to originate mortgages and consumer loans, to build volumes, to swiftly gain market share and to uncover deeply attractive new consumer brands.
WestPark Capital, an investment banking and securities brokerage firm serving the needs of private and public companies as well as individual and institutional investors worldwide, is advising Loans4Less in finding a strategic community bank partner to launch its national mortgage broker origination efforts, to increase brand awareness and to assist in capital formation and planning.
For more information, visit www.Loans4Less.com
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