Acquisition Marks Major Investment by Private Lender into Wholesale Client Growth Initiatives
RCN Capital, a leading nationwide private lender specializing in financing for real estate investors, announced the acquisition of BLN Software, the leading software provider offering a Loan Origination System and Loan Management System for the private lending industry.
By bringing BLN Software under RCN Capital’s company umbrella, the lender is looking to provide even more robust tools for its wholesale clients by investing in a state-of-the-art software platform that they can leverage to grow their businesses.
Financial Technology Insights: Carolyn Weinberg Joins BNY as Chief Solutions Innovation Officer
“Having experienced firsthand the remarkable impact of utilizing BLN Software as our Loan Origination System, we are excited to bring such a cutting-edge and dynamic software provider into the RCN Capital family,” said Jeffrey Tesch, CEO of RCN Capital. “With the addition of new resources, we look forward to offering BLN Software’s products to other Lenders and Lending and Brokers, empowering them to drive growth and success in their own businesses.”
Financial Technology Insights: Bedrock Concludes Boyco Campaign, Adds 1,000 uniBTC to Berachain
Since its inception, BLN Software has been delivering innovative software solutions for the private lending industry. Their robust platform empowers both lenders and brokers with the tools they need to streamline processes, make data-driven decisions, and achieve long-term lending success. BLN Software helps clients capture new opportunities, enhance their workflow efficiencies, and build lasting relationships. Today, leading lenders and brokers rely on BLN Software to optimize their operations and drive sustainable growth.
“This partnership marks a significant milestone for BLN Software and strengthens our ability to deliver exceptional solutions to our clients”, says BLN Software’s Managing Director, Matthew Volz. “With RCN Capital’s industry expertise, we are better positioned to expand our software offerings and continue providing the innovative tools that empower lenders and brokers in our space. Together, we will drive greater success for our clients and transform the future of real estate lending.”
Financial Technology Insights: Taiko Kicks off Taiko Takeoff Program with Avalon to Advance DeFi Growth
To share your insights with the FinTech Newsroom, please write to us at news@intentamplify.com
Source: prnewswire
