Reliance Global Group Reduces Debt by 50%, Cutting Annual Debt Service by Over $1.8 Million
Strengthened financial position and scalable tech platform pave the way for accelerated growth and margin expansionLAKEWOOD, NJ, July 10, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance,” “we,” “us,” “our” or the “Company”) today announced that it has repaid approximately $5.55 million, or approximately 50% of its long term debt, a strategic action that reduces its leverage, strengthens its balance sheet, and enhances financial flexibility. The repayments were funded through p ...