The platform’s recent activity highlights a significant pivot toward credit unions, which accounted for over one-third of all closed deals in the second quarter. This trend is driven by smaller institutions aggressively expanding their commercial portfolios. Monroe Community Credit Union, which joined the network earlier this year, reported accelerated closing times and reduced friction in deal sourcing, citing the platform's ability to connect them directly with qualified borrowers.
Beyond credit unions, the company continues to facilitate complex transactions involving national players. A notable example includes a $10.2 million loan for a special use property funded by Bank of America Merrill Lynch. Despite the underwriting challenges inherent in multi-borrower structures, the platform’s matching engine identified an appropriate lender immediately, bypassing the delays typical of manual deal placement.


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