What is PS Financial Services?
PS Financial Services, operating through its subsidiary PS Mortgage Lending, occupies a critical niche in the financial services sector by providing tailored mortgage solutions, with a specific emphasis on reverse mortgages for senior citizens. The firm distinguishes itself by converting home equity into accessible cash flow, a service that requires high levels of regulatory compliance and client-centric advisory. By employing certified reverse mortgage professionals, the company mitigates the inherent complexities of the lending process, ensuring that seniors and their families receive transparent, competitive, and personalized financial guidance. Their operational model is designed to bridge the gap between traditional banking and the specific liquidity needs of an aging demographic, establishing the firm as a reliable partner in long-term financial planning.
How much funding has PS Financial Services raised?
PS Financial Services has raised a total of $300K across 2 funding rounds:
Debt
$150K
Debt
$150K
Debt (2020): $150K with participation from PPP
Debt (2024): $150K led by Tandem Bank
Key Investors in PS Financial Services
Tandem Bank
A digital-first banking institution focused on providing innovative financial solutions and capital support to growing enterprises.
PPP
Public-Private Partnership
What's next for PS Financial Services?
With the successful closure of this late-stage debt financing, PS Financial Services is expected to prioritize the scaling of its digital infrastructure and the expansion of its advisory team. The strategic deployment of this capital will likely focus on enhancing the customer acquisition funnel for remote clients, thereby reducing reliance on local Florida-based operations. As the firm matures, the focus will shift toward optimizing its loan portfolio performance and potentially diversifying its product offerings to include broader wealth management services for its existing client base. This growth trajectory suggests a move toward institutionalizing its lending practices to capture a larger share of the national reverse mortgage market.
See full PS Financial Services company page
