Business
Loans4Less.com, Inc. Enters into an Investment Banking Agreement with WestPark Capital, Inc. and Seeks Bank Strategic Partner for National Mortgage Broker Origination and Brand Exposure Opportunity
Loans4Less.com, Inc. Enters into an Investment Banking Agreement with WestPark Capital, Inc. and Seeks Bank Strategic Partner for National Mortgage Broker Origination and Brand Exposure Opportunity.
About this update from Loans4less.com, Inc.
[{"type":"text","content":"\n \n Loans4Less.com, Inc. (OTC: LFLS) has entered into an investment banking \n agreement with WestPark Capital, Inc., a FINRA/SIPC member firm, to \n advise in sourcing a strategic community bank partner to launch national \n mortgage broker origination, increase brand awareness and effectively \n raise capital in stages known as a Structured Secondary Offering. John \n Reilly is heading up the WestPark Capital team that is engaged to advise \n Loans4Less® in raising capital initially via a Private Placement and \n thereafter it is anticipated Loans4Less® can raise additional capital in \n a Secondary Public Offering. Terms, conditions and timelines are to be \n determined. In the meantime, Loans4Less.com intends to become a fully \n reporting company on the OTCQB. Loans4Less® is a unique registered \n federal service mark moniker and the Loans4Less.com \n retail mortgage platform is a highly attractive brand which has \n significant upside potential for exposing mortgages and other consumer \n loans.\n \n \n About Loans4Less.com\n \n \n Loans4Less.com, Inc. (loans4less.com) \n is currently an OTC publicly traded California online mortgage loan \n originator focused on becoming a national loan origination brand \n platform for conforming residential mortgage programs and other consumer \n loans. Loans4Less.com maintains an A+ TrustLink rating with the Better \n Business Bureau; provides very competitive rates, terms & costs, daily \n rate updates, other market information; and prides itself on excellent \n and honest service. Loans4Less.com does not operate a warehouse line of \n credit, hold trust funds, lend directly or service loans and is not \n exposed to the risks and/or problems associated in the past with \n Sub-Prime or Alt \"A\" lending. Loans4Less.com relies on various wholesale \n lenders for its retail home loan programs. The main focus is to rapidly \n grow revenues via smart and cost effective advertising with a strategic \n bank broker origination partner, that effectively builds and exposes the \n Loans4Less® brand name in order to maximize shareholder value.\n \n \n About WestPark Capital, Inc.\n \n \n WestPark Capital, Inc. is a full service investment banking and \n securities brokerage firm which serves the needs of both private and \n public compa...