Beeline (BLNE) secures $5M warehouse line as originations rise

Rhea-AI Filing Summary

Beeline Holdings, Inc. filed an update describing a new funding facility for its mortgage business. On October 6, 2025, subsidiary Beeline Loans, Inc. entered into a warehouse facility agreement with Customers Bank that provides a $5 million warehouse line of credit. This line will be used to fund mortgage loan originations before those loans are sold.

Beeline Loans already has a separate $5 million warehouse facility with First Funding. Loans financed under these warehouse lines usually stay outstanding for three to fourteen business days before sale, and the company indicates it has been turning its warehouse line about 2.5 times per month.

The company reports strong recent growth, with loan originations rising about 30% from the first to the second quarter of 2025 and about 34% from the second to the third quarter of 2025. With expectations for interest rate cuts and an improving housing market, Beeline plans to add another warehouse banking partner and increase its warehouse capacity in October 2025 to support further growth.

Insights

Mortgage finance and capital markets analyst

Beeline doubles near-term warehouse capacity to support rapid loan growth.

Beeline Holdings has added a new $5 million warehouse line with Customers Bank alongside its existing $5 million facility with First Funding. Warehouse lines are short-term credit used to fund mortgages until they are sold, and Beeline notes loans typically remain on these lines for three to fourteen business days, with about 2.5 turns per month.

Management reports that loan originations increased about 30% from Q1 to Q2 2025 and about 34% from Q2 to Q3 2025. The new facility, plus stated plans to add another warehouse banking partner and increase capacity in October 2025, aligns with those higher volumes and anticipated industry tailwinds from possible interest rate cuts and better housing conditions.

While the filing emphasizes growth ambitions, it also highlights uncertainty. Forward-looking statements cite risks including interest rate changes, macroeconomic conditions, regulatory developments, technology performance, and the company’s ability to negotiate additional warehouse capacity on favorable terms. Actual impact on results will depend on sustaining origination growth while managing these funding and market risks.

8-K Event Classification

3 items: 1.01, 2.03, 9.01

3 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 6, 2025

BEELINE HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Nevada		001-38182		20-3937596
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

188 Valley Street, Suite 225

Providence, RI 02909

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (458) 800-9154

Securities registered pursuant to Section 12(b) of the Act:

Common Stock, $0.0001 par value		BLNE		The Nasdaq Stock Market LLC
(Title of Each Class)		(Trading Symbol)		(Name of Each Exchange on Which Registered)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (CFR §240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

On October 6, 2025, Beeline Loans, Inc. (“Beeline Loans”), a subsidiary of Beeline Holdings, Inc. (the “Company”) entered into a warehouse facility agreement with Customers Bank providing for a $5 million warehouse line of credit (the “Customers Bank Facility”). The Customers Bank Facility will be used by Beeline Loans to fund mortgage loan originations in the ordinary course of business.

Beeline Loans currently maintains a $5 million warehouse facility with First Funding. Loans funded under these facilities typically remain on the line for three to fourteen business days before being sold, at which point amounts drawn are repaid and the facilities are available for additional loan fundings. Beeline Loans has been turning its warehouse line approximately 2.5 times per month.

Beeline Loans’ loan originations increased approximately 30% from the first quarter to the second quarter of 2025, and approximately 34% from the second quarter to the third quarter of 2025. With interest rate cuts anticipated and housing market conditions improving, the Company expects continued growth in originations. The Company intends to add an additional warehouse banking partner in the near term and increase its existing warehouse capacity in October 2025 to support future growth.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

To the extent required by Item 2.03 of Form 8-K, the information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

Cautionary Note Regarding Forward-Looking Statements

This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expectations with respect to the Company’s future growth, anticipated trends in the mortgage loan industry including interest rate cuts and an improved housing market, and plans to access an additional loan from another warehouse bank in the near term. Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “seem,” “potential,” “appear,” “continue,” “future,” believe,” “estimate,” “forecast,” “project,” and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the possibility that estimates, projections and assumptions on which the forward-looking statements are based prove to be incorrect, future interest rate changes, the state of the U.S. economy and inflation, the future of U.S. tariff policy and other regulatory developments, our need for additional capital to meet future goals and milestone targets, our ability to negotiate and execute an additional warehouse line on favorable terms or at all, our ability to attract homeowners to our products and services, the demand for and success of our services, technology and collaborations, the ability of us and third parties on which we depend to comply with applicable regulatory requirements, the risk that software and technology infrastructure on which we depend fail to perform as designed or intended, and the Risk Factors contained in our Form 10-K filed April 15, 2025. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 6, 2025

	BEELINE HOLDINGS, INC.
	By:	/s/ Nicholas R. Liuzza, Jr.
		Nicholas R. Liuzza, Jr.
		Chief Executive Officer

FAQ

What new credit facility did Beeline Holdings (BLNE) announce?

Beeline reported that its subsidiary Beeline Loans, Inc. entered into a warehouse facility agreement with Customers Bank on October 6, 2025. The agreement provides a $5 million warehouse line of credit to fund mortgage loan originations until those loans are sold.

How will Beeline Loans use the new $5 million Customers Bank warehouse line?

The $5 million Customers Bank Facility will be used by Beeline Loans to fund mortgage loan originations in the ordinary course of business. Loans funded under the warehouse facilities typically remain on the line for three to fourteen business days before being sold and the amounts repaid.

What existing warehouse capacity does Beeline Loans (BLNE) already have?

Beeline Loans currently maintains a separate $5 million warehouse facility with First Funding. Together with the new Customers Bank line, this indicates access to two $5 million warehouse facilities to support mortgage loan funding.

How fast are Beeline’s mortgage loan originations growing in 2025?

The company reports that loan originations increased approximately 30% from the first quarter to the second quarter of 2025, and approximately 34% from the second quarter to the third quarter of 2025. These growth rates provide the context for expanding warehouse capacity.

Does Beeline plan to further expand its warehouse funding capacity?

Yes. The company states that, with anticipated interest rate cuts and improving housing market conditions, it intends to add an additional warehouse banking partner in the near term and increase its existing warehouse capacity in October 2025 to support future growth.

What key risks does Beeline highlight related to its growth and funding plans?

The forward-looking statements section notes several risks, including potential future interest rate changes, the state of the U.S. economy and inflation, regulatory developments, the company’s need for additional capital, its ability to negotiate an additional warehouse line on favorable terms, demand for its services, and technology and regulatory compliance risks. It also references the Risk Factors in its Form 10-K filed April 15, 2025.