Garrison Investment Group Backs Fundation

Fundation will substantially increase its lending program to small businesses nationwide

Garrison Investment Group, along with minority partners Solel Investment Group LLC and The Leo Group, LLC, have announced the execution a joint venture agreement with Fundation, Inc., a New York City-based small balance commercial loan (SBCL) platform. This large, undisclosed amount of funding provided by this transaction will enable Fundation to substantially increase its capacity to deploy loans to the small business market and permit Fundation to continue to develop its market-leading credit and risk management technology and customer experience…

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About 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.

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