Industry News

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

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

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Do politics affect home improvement spending?

According to a HomeAdvisor report, despite the current political anxiety with the presidential administration, homeowners state that it does not affect their willingness to spend on home improvement projects.  Home Advisor’s Chief Economist said, “Home improvement activity is showing resilience in the face of political shifts. While there is a sharp divide in how homeowners

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Looking for a way to stand out? Get NARI Accredited.

If you’re looking for a way to stand out from the crowd of competitors, becoming an accredited home improvement business might be a worthwhile investment. The National Association of the Remodeling Industry (NARI) has opened a new accreditation program for businesses. Previously, their accreditation protocol only applied to individual remodelers. This program will recognize businesses

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Your Clients Want More From Their Windows in 2017

For most homeowners, windows are a necessary component in home design. In the past, they have been more of an afterthought than a feature. Windows have evolved into a prominent visual and functional portion of a home’s design. Below are some trends that customers are looking for today to improve the functionality and aesthetics in

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The Kitchen is Real Estate’s Most Valuable Room

Americans are spending more time in the kitchen – cooking, eating and socializing – than ever before. According to realtor.com, “the kitchen has become the most valuable room in real estate.” Below is some interesting information realtor.com put together based on their data: A trophy kitchen sells your home better than anything else. The kitchen

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Understanding Millennial Kitchen and Bath Buyers

According to new research from the National Kitchen and Bath Association, millennials (ages 18-37) outspend other age groups when remodeling their kitchens or bathrooms.  They are typically spending about 18% more on a kitchen remodel and 42% more on a bathroom remodel.  The research compared the behavior and attitudes of millennials to other generations when

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What to Look and Listen for in the Rapidly Changing Remodeling Industry

The remodeling industry has always been an important indicator of the country’s overall economic well-being.  As a result of the market rapidly changing, it’s critical to keep your eyes and ears open for hints as to what’s going to happen next.  Here are a few things to watch and listen for: Changing client demographics Remodelers

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Note: Use of the terms "Loan," "Lender" and "Borrower" is for ease of reference only. Financings are in the form of retail installment contracts ("RIC").

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