Loans4Less.com Inc. (LFLS) Assembling Partnerships
Post# of 13
Loans4Less.com is positioned as an online mortgage brokerage firm and has been operating as such for two decades. Based in California, the company’s core endeavor points it in the direction of becoming a national loan origination brand platform in the residential mortgage and consumer loan market.
The Loans4Less website is designed and built to originate mortgage loans at Loans4Less.com. LFLS offers competitively priced real estate brokerage services, terms and costs and daily rate updates. With a focus on being respectable and honest in its dealing with its customer base, LFLS holds customer service in the highest regard. It also is partnered with numerous wholesale lenders for assistance in its retail home loan programs.
The company has a strong retail mortgage platform and brand which it uses as a springboard for advertising mortgages and other consumer loans. The company aims to expedite revenue growth and subsequent shareholder value through cost-effective advertising with a strategic bank broker national origination partner.
Toward the end of Q1 2015, Loans4Less entered into an acquisition agreement with 321LEND, Inc., a wholly-integrated consumer lending and peer-to-peer technology platform. The platform enables LFLS to originate loans to consumers pursuing unsecured terms based on credit scores and other underwriting criteria. Following the closing of the agreement, 321LEND will become a Loans4Less subsidiary which in turn will enable the company to originate mortgages and consumer loans, build volumes and gain market share in the area of new consumer brands.
Loans4Less has been advised by WestPark Capital, an investment banking and securities brokerage firm, to seek out a strategic community bank partner to launch its national mortgage broker origination effort for the purposes of boosting brand awareness and to assist in planning and capital formation.
For more information, visit www.Loans4Less.com
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