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Beeline Holdings (NASDAQ: BLNE) Raises $6.5M, Slashes Debt to Strengthen Financial Position

Beeline Holdings (NASDAQ: BLNE) Raises $6.5M, Slashes Debt to Strengthen Financial Position

Globe and Mail14 hours ago
Beeline Holdings (NASDAQ: BLNE), a fast-growing digital mortgage platform, announced it raised $6.5 million in late June through its ATM and equity line of credit programs. The company also reduced debt by $5.3 million in the first half of 2025, cutting third-party obligations to $2.3 million. Beeline ended Q2 with over $6 million in cash and approximately $40 million in shareholders' equity as of March 31. CEO Nick Liuzza called the moves a 'defining moment' as the company positions itself for growth amid anticipated rate cuts and rising momentum in its SaaS division, Beeline Labs.
To view the full press release, visit https://ibn.fm/JhvpI
About Beeline Financial Holdings, Inc.
Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions.
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