Fundation’s business grew exponentially since it closed its joint venture with Garrison Investment Group in November 2013, which provided Fundation with a deep pool of permanent capital to fund its operations and originations. Fundation’s current growth trajectory puts it on track to reach their goal of originating more than $100 million in its second full year of operations.
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.