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Premier Mortgage and Lending Broker

  • 224
Specifications
EBITDA369,000
Revenue1,237,000
Client CodeVEN513
EBITDA Range 250K-500K
Revenue Range 1M-5M
Sector Financial
Region Southeast-US
Deal Structure Open
Headquarters-
Description

 

A mortgage lender and broker specializing in conventional, FHA, VA, Harp 2.0, reverse and commercial mortgages.

Key aspects:
· Operating for over 11 years, with excellent market recognition, reputation, and strong client relationships
· Strong reputation in the mortgage community with recurring borrowers that promote the business through word-of-mouth
· Long relationships with many of the top financial lending institutions in the US
· Increased revenue by 30% in the last two years
· Top sales team talent in the area
· Offers wide range of loan services

Opportunities:
· Expand sales team to gain access to more opportunities
· Increase new originators and loan officers, to drive the company sale

· Expand operations in surrounding states
· Build upon the company’s client base by implementing an advertising program
· Ability to increase licensing and lending capabilities with additional capital, increasing overall margins

Headquartered:
· Southeast United States

Real estate:
· The company operates from an owner affiliated 3,500 sq. ft. facility.

Shareholder/owner objectives:
· The owner is looking for an equity partner with the expertise in mortgage lending that can help grow the current business.

Year
2017
Internal
$’000
2016
Internal
$’000
2015
Internal
$’000
Turnover 1,237 1,134 943
Gross Profit 1,237 1,134 943
Adj. EBITDA* 369 262 222

* Profit before interest, tax, depreciation and amortization (non-cash items)