Littlebanc Advisors and Affiliate LB Merchant Lead $3.2 Million Investment in PSM Holdings, Inc., a Full-Correspondent Mortgage Lender DELRAY BEACH, FL -- (Marketwired) -- 04/03/14 -- Littlebanc Advisors, LLC and affiliate LB Merchant, LLC are pleased to announce the completion of a $3.2 million investment in PSM Holdings, Inc. (OTCQB: PSMH) in the form of Series C and Series D Convertible Preferred Stock. Littlebanc acted as the sole placement agent for both the Series C and Series D shares. In the offering Littlebanc married firms and individuals, leading the investment with $1.8 million of their own investor's capital via LB Merchant's second investment in the company, and bringing together two other institutional investors to fill the remaining $1.4 million of the offering. PSM Holdings Chairman Jeff Smith commented on the deal, saying, "In the last few quarters we have completed a total upgrade of our internal systems and delegated platform, this funding was the final piece necessary for us to execute our plans." About PSM Holdings, Inc. PSM Holdings, through its wholly owned subsidiary, Prime Source Mortgage, Inc. (PSMI), provides mortgage brokerage and banking services across the United States. For more information visit http://www.psmholdings.com. About LB Merchant, LLC LB Merchant, LLC, an affiliate of Littlebanc Advisors, LLC, is a merchant bank that invests in small, high-quality growth companies. LB Merchant invests its own capital along with capital from select Limited Partners and takes an active approach with its portfolio companies to assist them in realizing their potential. For more information, visit www.lbmerchant.com. If you're interested in working with Littlebanc Merchant as an accredited investor or entrepreneur, please contact us at 561-922-3700 to speak with one of our Managing Directors or email us at email@example.com. About Littlebanc Advisors, LLC Littlebanc Advisors, LLC specializes in raising small tranches of capital for growth companies. Littlebanc Advisors acts as agent and advisor in traditional investment banking transactions that it conducts on behalf of its clients. As potential banking clients and merchant investments, they target compelling companies with proven business models that are on the cusp of brea kout revenue and profitably but require growth capital to get them there. These earlier stage companies are typically passed over by both traditional investment banking and private equity. By focusing on this underserved yet larger market, Littlebanc unearths a greater number of less competitive opportunities with higher potential returns. For more information, visit www.littlebanc.com. Recent Transactions http://www.littlebanc.com/recent-transactions Littlebanc Advisors LLC, securities offered through Wilmington Capital Securities LLC, Member FINRA/MSRB/SIPC Littlebanc Advisors 561-922-3700 firstname.lastname@example.org
Littlebanc Advisors and Affiliate LB Merchant Lead $3.2 Million Investment in PSM Holdings, Inc., a Full-Correspondent Mortgage
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