Visio Financial Services Closes $40 Million Debt Financing to Expand Its Loan Portfolio

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Summary

Visio Financial Services, or VFS, the country’s leader in sub-$100K residential investor loans, today announced that it has closed $40 million in institutional debt capital to further accelerate the company’s explosive growth. “This additional funding is a vote of confidence in our vision of providing fast, simple loans to residential investors,” said Jeff Ball, CEO of VFS. “Our asset-based lending model enables us to originate, close and fund a loan in as little as 72 hours, which is of incredible value to the thousands of investors across the country.” “There is a growing need for affordable homes in our country,” continued Ball. We are changing that by offering loans that rely exclusively on the value of the home.” The debt facilities were provided by multiple institutional lenders and were facilitated in part by Grenadier Capital. About Visio Financial Services Based in Austin, Texas, Visio Financial Services provides investor financing for purchase or refinancing of any sub-$100K home in 37 states across the U.S. VFS focuses exclusively on the home, providing residential investors the fastest, simplest process with loans ideally suited to their needs.

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Amount $40.0M Total raised
Date October 30, 2013 Announcement date
Investors - Lead investors
Company http://www.visiolending.com Funded company

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