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RCN Capital completes acquisition of BLN Software to enhance software solutions for private lending industry

PRIVATEFeb 04, 2025

Acquiring Company

RCN Capital

Acquired Company

BLN Software

South WindsorSouth WindsorFinancial ServicesFinanceLendingReal Estate

Description

RCN Capital, a leading nationwide private lender specializing in financing for real estate investors, has acquired BLN Software, the leading software provider offering a Loan Origination System and Loan Management System for the private lending industry. This acquisition marks a major investment by RCN Capital into wholesale client growth initiatives and aims to provide even more robust tools for its wholesale clients by investing in a state-of-the-art software platform that they can leverage to grow their businesses.

Quick answer

RCN Capital is acquiring BLN Software, announced February 4, 2025. RCN Capital is based in South Windsor, Connecticut, United States.

How much did RCN Capital pay for BLN Software?
The deal value was not disclosed.
What does RCN Capital do?
RCN Capital is the leading nationwide wholesale lender that provides residential investment loans for the purchase or refinance of non-owner-occupied single-family & multi-family properties.
Where are RCN Capital and BLN Software based?
RCN Capital is based in South Windsor, Connecticut, United States. BLN Software is based in South Windsor, Connecticut, United States.
Who are the decision-makers at RCN Capital?
Fundz holds 2 contacts at RCN Capital. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

RCN Capital

Location

South Windsor, Connecticut, United States

About

RCN Capital is the leading nationwide wholesale lender that provides residential investment loans for the purchase or refinance of non-owner-occupied single-family & multi-family properties. RCN specializes in providing wholesale partners with financing options for ground-up construction projects, fix & flips, and rental properties for their real estate investor clients. RCN lends to both new and experienced real estate professionals throughout the country.

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Frequently asked

Who acquired BLN Software?

BLN Software was acquired by RCN Capital, based in South Windsor. The deal was reported on February 4, 2025. RCN Capital is the leading nationwide wholesale lender that provides residential investment loans for the purchase or refinance of non-owner-occupied single-family & multi-family properties. RCN Capital is privately held and operates in Financial Services.

When did RCN Capital acquire BLN Software?

RCN Capital's acquisition of BLN Software was reported on February 4, 2025. RCN Capital, a leading nationwide private lender specializing in financing for real estate investors, has acquired BLN Software, the leading software provider offering a Loan Origination System and Loan Management System for the private lending industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does BLN Software do?

BLN Software is the leading software provider for the private lending industry, offering a cloud-based solution that centralizes and organizes deal scenarios from direct investors, mortgage brokers, and private lenders. It is privately held, operating in Real Estate, and is based in South Windsor.

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