Foundation Finance Company Secures $200 Million Credit Facility

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 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.”

Read the release here.

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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