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Columbia Business Monthly

Lima One Capital Announces Expansion That Will Bring 300 Jobs to Area

Jun 15, 2023 10:02AM ● By Donna Walker

Lima One Capital, the lender for real estate investors, announced plans to expand its U.S. headquarters in Greenville County, South Carolina. The company’s $51.4 million investment will create approximately 300 jobs in the market.

Founded by U.S. Marines in 2010, Lima One Capital has funded over $7 billion in loans for real estate investors who are building, improving, and stabilizing neighborhoods across the nation. The company’s core products include bridge loans, rental property and portfolio loans, new construction loans, and multifamily bridge lending.

“Lima One Capital is thrilled to be an anchor tenant within the state-of-the-art County Square development in downtown Greenville,” said Lima One Capital President and Chief Executive Officer Jeff Tennyson. “This significant milestone highlights our continued commitment to the growth and prosperity of Greenville. This beautiful office space will provide our team with an amazing work environment that aligns with our award-winning culture and will serve as a catalyst to our continued national expansion and success.”

Utilizing industry-leading technology, Lima One Capital relies on in-house underwriting, construction management and servicing teams to deliver unparalleled customer service to the real estate investors it serves.

“Greenville has been an extraordinary corporate headquarters city for Lima One since our inception, and we are excited to deepen our commitment here.  The continued support we’ve received from the city, Greenville County and state reaffirm our resolve to create opportunities for local talent and meaningfully contribute to the economic growth of the region,” Tennyson added.

“Greenville County has proven to be the right location for Lima One Capital to grow its headquarters operations. This investment is a win for the state, and we are always pleased for existing industry to grow within South Carolina,” said Gov. Henry McMaster.

Lima One said it has seen how, by actively participating in downtown Greenville’s vibrant and growing landscape, it can further solidify its position as a national leader in its industry and create lasting value for its clients, associates and community. As a national mortgage lender, the company explored several other markets before committing to keep its headquarters in Greenville.

Lima One said that Greenville’s access to skilled employees and the quality of life it provides are compelling traits that support its growth and company culture.

“Lima One Capital’s decision to expand in Greenville County is evidence that South Carolina’s business environment supports the ongoing success of corporate headquarters,” added Secretary of Commerce Harry M. Lightsey III. “We congratulate the company and look forward to the opportunities these approximately 300 new jobs represent.”

Lima One products include new construction loans for ground-up construction, in-fill, specs, and model homes; 13-month bridge loans for investors who are buying, renovating, and selling properties; rental property and portfolio loans for purchasing or refinancing residential rental properties; and multifamily lending for the purchase, rehab, refinance, or hold of 5+ unit multifamily properties.