Blend narrows loss in 2023, projects confidence in achieving profitability this year
Housing Wire
MARCH 14, 2024
During the fourth quarter, Blend prepaid $85 million of its term loan balance and amended the maturity date to provide for a one-year extension to 2027, provided we meet certain conditions,” said Amir Jafari, Blend’s head of finance and administration. 31, 2023, Blend had cash, cash equivalents and marketable securities totaling $144.2
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