ALISO VIEJO, Calif.--(BUSINESS WIRE)--PCMA, the pioneer and category leader in Non-Bank Private Client Lending, announced 2019 fourth quarter results and is accelerating growth in 2020. Direct Channel Private Client Originations (NQM) in the 4th quarter reached $98,068,295.00, an increase of 54% over 3rd quarter results. 12-month aggregate loan volume for 2019 reached $254,532,455.00 with projected loan volume for 2020 to exceed $500MM.
“The growth and opportunity in our credit segment is mind blowing, and we are eager to further our market share and leadership position in high capacity lending,” said John Lynch, CEO and founder of PCMA. “PCMA delivered another strong quarter of growth and profitability of not only 50% quarter over quarter which is staggering growth, but we also expanded margins and increased liquidity in the capital markets.”
In the fourth quarter PCMA continued to expand its leadership in the private client category by launching a multi-state television campaign targeting mass affluent and high net worth footprints, our founder joined the Non-Agency Lending Counsel as an executive member to help shape policy and investor support for the industry, and PCMA made additional strategic human capital acquisitions to increase operational capacity in preparation of 2020 growth projections.
“PCMA Private Client Lending performance in the fourth quarter once again demonstrates the incredible marketplace opportunity in the Non-Bank Private Client credit markets,” said Lynch.
Origination metrics and credit performance continues to defy industry norms quarter to quarter. PCMA transactional data proves that high capacity lending meets the credit performance and CPR targets of our top tier capital partners with loan amounts in the seven-digits, FICO scores in excess of 740 and average loan to values sub 65%. PCMA is positioned well to further its growth projections and leadership in private client lending.
“I could not be prouder of our team and our ability to continue to execute at this level and into the next phase of our growth. However, make no mistake, we are just getting started. I recognize our accomplishments, but I see a bigger outcome for our firm and this new credit category, and I cannot wait to unlock the future potential of PCMA,” said Lynch.
PCMA is the leading non-bank private client lending organization serving the needs of their mass affluent and high net worth clientele. PCMA offers qualified individuals and institutions bespoke lending solutions across all major residential asset classes. PCMA is a diversified financial enterprise offering private client solutions through a direct and indirect to consumer business model. PCMA strives to build trusting and enduring relationships by putting clients and professional partners at the center of all they do. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.us.com.