M&A Deal Summary

Loans4less.Com Acquires 321Lend

On March 31, 2015, Loans4less.Com acquired financial services company 321Lend

Acquisition Highlights
  • This is Loans4less.Com’s 1st transaction in the Financial Services sector.
  • This is Loans4less.Com’s 1st transaction in the United States.
  • This is Loans4less.Com’s 1st transaction in California.

M&A Deal Summary

Date 2015-03-31
Target 321Lend
Sector Financial Services
Buyer(s) Loans4less.Com
Deal Type Add-on Acquisition

Target

321Lend

San Francisco, California, United States
321Lend, Inc. is a fully integrated developed proprietary 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.

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Buyer(S) 1

Buyer

Loans4less.Com

Redondo Beach, California, United States

Category Company
Founded 1993
Sector Financial Services
Employees3
DESCRIPTION

Loans4less.Com, Inc. is an online mortgage loan originator focused on becoming a national loan origination brand platform for conforming residential mortgage programs and other consumer loans.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1