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INSIDE
How We’re Maximizing Growth and Originations PAGE 1 Acres of Diamonds’ Mission to Uplift Moms and Kids PAGE 2 Wes Myers’ Expertise is Shaping LIONSCOVE’s Success PAGE 3 Rachel’s Spiced Pumpkin Cranberry Loaf Recipe PAGE 3
... CONTINUED FROM COVER The good news is that the strategic shift to these new clients has been successful. In July and August alone, we almost matched our previous best year ever. You read that correctly, we did a year’s worth of loans in just two months. This trend is holding steady into September and we are optimistic about the prospects for the balance of the year as we bring on several new relationships and do more business with strong builders. So, what does this mean to you as an investor? Many of these loans are attractive to the secondary market, allowing us to sell those loans while keeping a percentage of the interest, thus earning interest payments on a monthly basis and effectively increasing return to investors over time. This is done while shifting the risk to whoever the loan buyer is. The more we originate, the more loans we will sell to the secondary market, creating interest strips, which will increase overall returns and reduce risk as we continue to work with high-quality borrowers. In summary, LIONSCOVE’s strategic shift toward focusing on builders engaged in infill development
within the Greater Seattle Area has yielded impressive results. By honing in on experienced builders with strong financial backgrounds, we’ve refined our lending practices and significantly boosted our origination volume. This approach has solidified our market position, strengthened investor returns, and enhanced our overall stability. Looking ahead, we remain dedicated to refining our processes and leveraging our strong builder relationships to enhance our performance further. We believe these continued efforts will accelerate our growth, delivering greater value and stability for our investors. Thank you for all of your ongoing support and trust in LIONSCOVE as we advance toward an even more prosperous future.
—Liam Leonard
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