Eastside Distilling Secures $5M Warehouse Facility Agreement
Eastside Distilling (BLNE) has secured a $5 million warehouse facility agreement with Customers Bank to support mortgage loan originations, following a significant rise in loan activity. The company plans to expand its warehouse capacity and add a banking partner amid expectations of interest rate cuts. Analyst ratings for BLNE stock are mixed, with a Hold rating and a $2.00 price target, reflecting challenges in profitability and cash flow, despite some positive corporate developments.
Eastside Distilling ( (BLNE) ) has issued an update.
On October 6, 2025, Beeline Loans, Inc., a subsidiary of Beeline Holdings, Inc., entered into a $5 million warehouse facility agreement with Customers Bank to fund mortgage loan originations. This move comes as Beeline Loans has seen a significant increase in loan originations, with a 30% rise from Q1 to Q2 and a 34% rise from Q2 to Q3 in 2025. The company plans to expand its warehouse capacity and add another banking partner to support future growth, amid expectations of interest rate cuts and an improved housing market.
The most recent analyst rating on (BLNE) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Eastside Distilling stock, see the BLNE Stock Forecast page.
Spark’s Take on BLNE Stock
According to Spark, TipRanks’ AI Analyst, BLNE is a Neutral.
Beeline Holdings’ overall stock score reflects a challenging financial performance, with significant issues in profitability and cash flow. However, positive corporate events and an optimistic earnings call sentiment provide some support. Technical analysis and valuation remain neutral to negative, highlighting the need for improved financial health and operational efficiency.
To see Spark’s full report on BLNE stock, click here.
More about Eastside Distilling
Average Trading Volume: 2,391,019
Technical Sentiment Signal: Sell
Current Market Cap: $72.09M
Learn more about BLNE stock on TipRanks’ Stock Analysis page.
