Nada Announces $150M Strategic Capital Partnership with Medalist Partners to Scale Home Equity Agreement Originations

DALLAS--(BUSINESS WIRE)--Nada Holdings, Inc. (“Nada”), a financial technology company helping homeowners access and manage home equity across every stage of homeownership through its innovative home equity agreement product, announced today that it entered into a $150 million forward flow purchase agreement with Medalist Partners (“Medalist”), a New York-based investment management firm specializing in structured credit and asset-based private credit.

Under the agreement, Nada will sell up to $150 million of Nada’s Home Equity Agreements (HEAs) to Medalist. This strategic partnership provides Nada with institutional capital to expand the national growth of its HEA product and broaden access for homeowners seeking non-debt equity solutions.

“This program represents an important milestone for Nada and for the broader home equity investment market,” said John Green, Founder and COO of Nada. “Partnering with Medalist allows us to scale with institutional discipline while continuing to deliver a differentiated, non-debt solution for homeowners. The structure provides durable capital to support long-term growth.”

With U.S. homeowners holding more than $35 trillion in home equity, and many households facing higher borrowing costs and reduced affordability, HEAs offer an alternative way for homeowners to access liquidity without taking on additional monthly debt, while aligning long-term outcomes between homeowners and investors.

Medalist’s investment reflects growing institutional interest in HEAs as an emerging residential asset class, offering exposure to residential real estate with structural protections and alignment between homeowners and investors. Greg Richter, CEO of Medalist Partners, said: “We’re excited to support Nada in expanding its presence as a leader in the growing home equity agreement space. We look forward to working with Nada to bring these much needed alternative financing solutions to homeowners through this partnership.”

About Nada

Nada is a financial technology company providing homeowners access to their home equity through innovative financial products and an integrated homeowner finance platform. Its flagship Home Equity Agreement (HEA) offers homeowners a debt-free way to unlock their equity, and the company is currently available across 14 states, with additional markets coming soon.

Backed by leading investors including LiveOak Ventures, Interlock Partners, and Nomura Strategic Ventures, Nada’s mission is to create products that deliver flexibility, financial freedom, and long-term value for homeowners.

Learn more at www.nada.co and www.homeshares.co.

About Medalist Partners

Medalist Partners is an alternative investment management firm specializing in securitized credit and asset-based private credit. Medalist’s clients include a broad range of institutional and retail investors. Headquartered in New York, Medalist is led by partners Greg Richter, Michael Ardisson, Jim Buccola, and John Slonieski. Having previously led Credit Suisse’s global specialty finance and securitized credit business, the team has extensive experience in asset finance, structured products, securitization, investment banking, and credit underwriting. For more information, visit www.medalistpartnersfunds.com.