Foundation Finance Company LLC Secures $200 Million Credit Facility from Goldman Sachs

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Foundation Finance Company LLC, a leading provider of home improvement financing to contractors nationwide, today announced that it has obtained a $200 million asset-backed credit facility from Goldman Sachs Group Inc. Foundation Finance will use this credit facility to grow its capacity to provide financing through various strategic partnerships across the United States.

Foundation Finance Company Logo

Foundation Finance Company Logo

We are excited to have Goldman Sachs’ support and partnership. It is a reflection of our commitment to sound business practices and it reinforces our position as a market leader in the home improvement financing space.

Foundation Finance Company LLC, a leading provider of home improvement financing to contractors nationwide, today announced that it has obtained a $200 million asset-backed credit facility from Goldman Sachs Group Inc. Foundation Finance will use this credit facility to grow its capacity to provide financing through various strategic partnerships across the United States.

Chief Financial Officer Alex Mladek said, “We are excited to have Goldman Sachs’ support and partnership. It is a reflection of our commitment to sound business practices and it reinforces our position as a market leader in the home improvement financing space.”

About Foundation Finance Company

Foundation Finance Company is majority owned by Garrison Investment Group, a credit investment firm. The company specializes in unsecured home improvement financing programs including revolving lines of credit, installment loans and promotional financing. Foundation Finance offers lending programs across the credit spectrum that have helped more than 70,000 customers improve their homes. For more information, visit foundationfinance.com

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CONTACT:
Andrea McCullion, Sr. VP – Sales and Marketing
Foundation Finance Company
Phone: 855-241-0024
Fax: 715-847-4429
Email: amccullion(at)foundationfinance.com
http://www.foundationfinance.com

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Andrea McCullion
amccullion@foundationfinance.com
+1 (715) 847-4424
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