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What is the purpose of this offering?

Josh avatar
Written by Josh
Updated over 4 months ago

The Groundfloor LendCo Anchor Note is designed to anchor Groundfloor LendCo’s balance sheet with $10 million in cash. That capital will help us:

  • Power retail and institutional sales

  • Support bond issuances over the next two years

  • Provide working capital for ongoing capital markets activities (e.g., securitization and forward flow)

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