Synergy One Lending, Inc.
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Synergy One Lending, Inc. - overview
Established
2013
Location
San Diego, CA, US
Primary Industry
Financial Services
About
Synergy One Lending, Inc. is a financial services firm specializing in mortgage lending solutions, dedicated to facilitating home ownership through innovative lending products and personalized service. Founded in 2013, Synergy One Lending, Inc. , based in San Diego, US, focuses on delivering mortgage lending solutions.
The company has undergone strategic pivots to enhance its offerings since inception. Steve Majerus leads the company as CEO, steering it through two completed funding deals, with the latest being a GROWTH round in June 2018, raising USD 5. 20 mn from Strandview Capital, which totalled the amount raised to USD 5. 20 mn.
Synergy One Lending, Inc. specializes in mortgage lending solutions, offering a variety of loan products designed to support individuals and families in their journey to home ownership. The firm caters to a diverse clientele, including first-time homebuyers and seasoned real estate investors, providing tailored mortgage options to meet specific financial needs. Their products include fixed-rate mortgages, adjustable-rate mortgages, and refinancing options, which are designed to simplify the borrowing process and enhance customer experience.
The company's revenue is driven by its mortgage lending services, in which clients pay interest on their loan amounts. Revenue is generated through various loan products, with pricing structures reflecting the type of mortgage and associated terms. This model ensures that Synergy One Lending, Inc. remains competitive in the lending market, serving a wide range of clients from first-time homebuyers to experienced investors.
Looking ahead, Synergy One Lending, Inc. plans to introduce new mortgage products aimed at enhancing accessibility for diverse customer segments. The company is strategically targeting expansion into markets across the southeastern regions of the US, with specific plans to enter those areas by the end of 2023. The recent funding of USD 5.
20 mn will support these initiatives, focusing on product development and regional marketing efforts to capture a broader audience.
Primary Industry
Financial Services
Sub Industries
Consulting Services, Mortgage Banking, Consumer Finance
Website
www.s1lending.com
Verticals
Mobile Apps
Total Amount Raised
Subscriber access only
Synergy One Lending, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Synergy One Lending, Inc. | - | ||||||||
| Growth | Completed | Synergy One Lending, Inc. | - |
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