NEW YORK, May 31, 2016 /PRNewswire/ -- Fundation (the "Company"), one of the nation's leading digitally enabled small business lenders and financing solutions providers, today announced that it was named the "best alternative lender for working capital loans" by Business News Daily for the second year in a row. Business News Daily, a leading small business publication, resource and advisor for small business owners at all stages of their entrepreneurial journey, researched and reviewed the practices of dozens of alternative small business lenders and interviewed small business owners before it named Fundation as its first choice.
In addition to praising Fundation's simple loan terms and impressive customer service, the publication cited the ingenuity of the Company's proprietary application software, which speeds the application process by automatically capturing additional information from credit, public-record and government database sources. Based on this data, Fundation can provide a preliminary decision within minutes. A Fundation loan specialist will then work directly with preliminarily-approved business owners to gather any other necessary specific financial data. The Company's specialists serve as personal advocates on a business' behalf and take the time to put context around the financial information they gather to tell a small business' full story in order to gain loan approval. According to Business News Daily's research, this type of personal attention is a differentiator when compared against many of the other lenders examined.
Sam Graziano, CEO of Fundation, said, "We are invested in driving the success of small business owners and, together with our banking partners and other partner relationships through which we work, are committed to taking the time to truly understand what makes sense for their organizations, financial goals, and capital needs – both immediate and long-term. Fundation takes a more personal interest in the process because we commit our own capital, hold the loans on our balance sheet, and manage the loan servicing – and we are pleased to be recognized by Business News Daily for the differentiated service we provide. Our unique capabilities allow us to provide real-time, interactive feedback and make us an ideal partner for banking and other organizations seeking to offer their small business customers innovative and convenient financing solutions."
Read the full Business News Daily article here.
Fundation is one of the nation's leading digitally enabled small business lenders and financing solutions provider. Fundation partners with a broad array of financial and nonfinancial institutions that serve the small business market in a variety of capacities to offer value-added credit solutions. Fundation builds customized product offerings and delivery methods to meet the needs of each unique partner and the credit needs of its small commercial customers. Visit http://www.fundation.com for more information.
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