Michael Southard, Managing Director of Elvisridge Capital, has announced the completion of a senior secured financing program for FlashHouse. FlashHouse provides homeowners with instant access to liquidity in the sale of their homes, offering a simple and seamless real estate experience.
“The purpose of this senior secured financing program is to help FlashHouse continue to grow in the Ohio marketplace,” Southard explained. “We find their business model to be a promising one that fills an important niche in the real estate industry.”
Homeowners can request a cash offer on their home by visiting FlashHouse.com and answering a few questions about the features of their property. The FlashHouse team of real estate professionals uses proprietary technology to provide the homeowner with a fair and accurate offer within 24 hours. Homeowners are under no obligation to accept the offer and can cancel at any time before closing. Those who accept the offer benefit from a streamlined digital-first experience, concierge-style customer service, flexible closing dates, and fast payment once the real estate transaction is complete.
“The team at Elvisridge has been wonderful to work with,” said FlashHouse Co-Founder and CEO Stephen London. “They are great partners for growing companies, and we look forward to continued collaboration.”
Elvisridge Capital is a private investment firm focused on purchasing entrepreneurial businesses in the sportfishing and landscape product industries. In addition, the company provides senior secured debt and mezzanine financing as growth capital to businesses in the Midwest and Southeastern United states.
Elvisridge Capital seeks established, privately held, middle- to late-stage businesses based in the United States. We invest in situations where our experience and resources can help generate significant profitability improvement and revenue growth. To begin a conversation, contact us at email@example.com.