For Immediate Release:
June 26, 2017
LendingOne Closes Series A Funding, Investors Include Ron Suber, Richard Vague, Sidney Brown and Michael Heller
Boca Raton, FL: LendingOne, one of the nation’s fastest growing online lenders for real estate investors, announced today it closed a Series A financing round. Investors include Ron Suber, a prominent fintech investor and President of Prosper Marketplace, Richard Vague, co-founder and former CEO of two credit card companies, First USA and Juniper Financial, Sidney Brown, CEO of NFI Industries and former Chairman of Sun National Bank, Michael Heller, CEO of Cozen O’Conner, a national full-service law firm, along with LendingOne founder and CEO, Bill Green.
“We’ve formed a fantastic group of investors to help launch LendingOne to the next level,” Bill Green said in a statement. “With this investment, LendingOne can continue our rapid growth while further investing in our proprietary technology, geographic expansion and new product development.”
LendingOne is a direct private lender that specializes in real estate investment loans for non-owner-occupied fix-and-flip and residential rental properties. Through its user-friendly online application, LendingOne has streamlined the overall lending process and made it quicker and simpler for investors seeking to finance their next real estate investments.
Contact: Jaime Arouh
Vice President of Capital Markets