Los Angeles, CA – According to filings with the U.S. Securities and Exchange Commission, Lendistry is raising $85,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Everett Sands played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Lendistry
Lendistry (lendistry.com) is a minority-led and technology-enabled small business and commercial real estate lender, providing responsible financing to small business owners and their underserved communities. Lendistry is a Community Development Financial Institution (CDFI), a member of the Federal Home Loan Bank of San Francisco, and is headquartered in a Los Angeles Opportunity Zone. During the COVID-19 pandemic, Lendistry provided Paycheck Protection Program (PPP) loans to small businesses in all 50 states and was selected by the states of California, Pennsylvania and New York to administer their small business relief programs, which distributed grants to businesses that lost significant revenues during the pandemic. Lendistry and its nonprofit partner organization, The Center by Lendistry, are dedicated to providing economic opportunities and progressive growth for underserved urban and rural small business borrowers and their communities.

To learn more about Lendistry, visit http://lendistry.com/

Contact:
Everett Sands, Chief Executive Officer
888-594-7270
https://www.linkedin.com/in/everettksands/

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