Yahoo Finance Legion Capital Funds $13 Million Facility for Real Estate Developer
Private Equity FinTech Lender continues accelerated growth with expanding real estate market in the United States
ORLANDO, Fla., April 19, 2022 (GLOBE NEWSWIRE) -- Legion Capital (OTCQB: LGCP) a FinTech driven specialized lender, announced the closing of a $16 million loan facility for the development of a mixed-use property in the Central Florida area. The loan facility will be for acquisition, entitlement and horizontal development of the property, which will be a master planned, mixed-use development for approximately 3,000 residential units.
“We are pleased to expand the relationship with a proven developer client through the addition of this exciting new project. Legion has demonstrated the ability to grow its relationships and reach to meet the ever-increasing demand for residential and mixed-use development in the Greater Orlando area,” stated James Byrd, Legion Chairman and Co-Founder. “We continue to look for opportunities to expand the Legion footprint throughout our home market and this project is a perfect example of that.”
About Legion Capital
Legion Capital (OTCQB: LGCP) is a FinTech enabled, publicly traded specialized business lender providing growth capital to small and medium sized companies and real estate developers. Legion provides bridge funding, acquisition finance, development, and growth capital in a highly customized and expeditious manner, addressing a large and growing segment of small business lending that is under-served by banks and institutions.
Legion Capital serves our Investors and Financial Advisors through a suite of diversified equity and debt investment products, many of which offer attractive yields, non-correlation to traditional financial markets, and defined liquidity dates. For more information, please visit www.LegionCapital.com.
Disclaimer:
Certain statements that we make in this information piece may constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions. In addition, words such as believes, expects, anticipates, intends, plans, estimates, projects, forecasts, and future or conditional verbs such as will, may, could, should, and would, as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in any Offering Documents associated with this information piece. We expressly disclaim any obligation to update any forward-looking statement in the event it later turns out to be inaccurate, whether the result of new information, future events or otherwise. Legion is a private lender, and not a member of FINRA or FDIC.
MEDIA & INVESTOR CONTACT:
Jamison Lenczyk
Investor Relations Director
407-720-4616
JamisonL@LegionCapital.com
