New York, NY – October 14, 2015 – Wolters Kluwer’s CT Corporation, a leading provider of business formation and legal compliance services, announced today a partnership with Fundation Group LLC, a New York City-based online commercial lender.
CT and Fundation customers will appreciate the connection between the companies, as each offers vital services for small businesses throughout the business lifecycle. “Like CT Corporation, Fundation provides critical services for small, growing businesses,” said Fundation Chief Executive Officer, Sam Graziano. “Businesses owners need everything from incorporation and guidance for growing their company, to financing for immediate and long term capital needs.”
CT supports businesses of all sizes, providing incorporation and registered agent services to startups, as well as business licensing and other compliance services to businesses in growth mode. Fundation is an online direct lender providing the equivalent of bank loans – conventional, fixed rate term loans of up to $500,000 and terms up to 4 years. Offering the product features of a bank loan, with the speed and efficiency of a technology company, Fundation provides customers with a simple borrowing experience with application to funding in as little as three business days. Fundation lends nationally to a broad range of small businesses, including healthcare providers, professional services firms, technical services and engineering firms, manufacturers, bars and restaurants, hospitality providers, and personal services companies like child day care and auto repair firms.
“Expanding a business and seeking capital go hand in hand,” said Jennifer Friedman, CMO of the small business segment of CT Corporation. “CT’s goal is to partner with our customers – bringing them the latest information to help them keep their businesses healthy and compliant throughout their entire business lifecycle. That’s why it’s great that we can share information on Fundation as one funding option many customers could want to pursue.”
The partnership will allow customers of CT and Bizfilings (also a Wolters Kluwer brand), to more easily and efficiently acquire information on Fundation. Interested customers may complete the loan application process with Fundation directly, to pursue the necessary funding for business opportunities such as expanding service offerings, making capital improvements, opening new locations, managing cash flow, and refinancing higher-cost debt. More information can be found on: https://ct.wolterskluwer.com/fundation and www.bizfilings.com/fundation
Fundation combines the benefits of a bank loan with the ease and efficiency of an online lender. We offer conventional loans with competitive rates to businesses with varying credit profiles. Our technology allows us to deliver capital in as few as 3 business days through streamlining the collection and evaluation of customer information and conducting the majority of the lending process electronically. As a direct lender, we use our own capital to originate and hold the loans we make, so that we can focus on building relationships with our customers. Our dedicated customer relationship model enables us to understand each unique borrower’s business. This level of service, coupled with our best-in-class products, is why many of our customers come back to us repeatedly for more capital.