Foundation Finance Company LLC, a provider of home improvement financing to contractors nationwide, 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.
“We are excited to have Goldman Sachs’ support and partnership," said Chief Financial Officer Alex Mladek. "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.”