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Beeline Eliminates $7 Million in Debt, Positioned for Cash Flow Positive Operations by Q1 2026
Sentiment:Positive (65)
Summary
(NASDAQ:BLNE) PROVIDENCE, Rhode Island, Sept. 04, 2025 (GLOBE NEWSWIRE) -- via IBN – Beeline Holdings, Inc. (Nasdaq: BLNE) (“Beeline” or the “Company”), the fast-growing digital mortgage platform redefining the path to homeownership, today announced that it has successfully paid down all of its outstanding debt. This excludes the Company’s warehouse lines, which are used exclusively to fund mortgage transactions that generate revenue for Beeline. These loans are typically held for approximately 20 business days before being sold, with proceeds replenishing the warehouse lines.
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Read Full ArticleArticle published on September 4, 2025 by globenewswire