Foundation Finance is a leading point-of-sale financing provider
in the home improvement industry, with nearly $4 billion in lifetime originations
ROTHSCHILD, Wis., June 24,
2024 /PRNewswire-PRWeb/ -- Foundation Finance Company
(Foundation) today announced the appointment of Michael Garrity to the Foundation Board of
Directors.
"Michael's deep experience in home
improvement financing will be invaluable to Foundation as we grow
our business and pursue our mission to serve our
contractors."
"We are pleased to welcome Michael
Garrity to the Foundation Board," said Chief Executive
Officer Alex Mladek. "Michael's deep
experience in home improvement financing will be invaluable to
Foundation as we grow our business and pursue our mission to serve
our contractors."
Garrity is the founder, executive chair and former CEO of
Financeit, an industry leader in the point-of-sale financing
industry in Canada. Prior to
co-founding Financeit, Garrity was the founder and CEO of
CommunityLend, Canada's first
peer-to-peer lending service. Garrity is active in supporting other
entrepreneurs through his involvement on the Canadian Council of
Innovators and Canadian Lenders Association.
About Foundation Finance Company
Foundation was founded in 2012 and specializes in point-of-sale
home improvement financing programs across the credit spectrum.
Foundation operates in all 50 states and serves more than 12,000
home improvement contractors and hundreds of thousands of
homeowners nationwide. Foundation has been owned by InterVest
Capital Partners since September of 2022. For more information,
visit foundationfinance.com
About InterVest Capital Partners
InterVest Capital Partners ("InterVest"), a New York-based investment management firm,
manages or advises funds and accounts that specialize in specialty
finance and real estate investments. InterVest has significant
experience investing in non-bank lending, leasing and specialty
rental businesses as well as real estate and real estate debt, and
its team has been operating in these areas since 1999. For more
information, visit intervest.com
Media Contact
Andrea McCullion, Foundation
Finance Company, 1 8552410024, amccullion@foundationfinance.com,
foundationfinance.com
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SOURCE Foundation Finance Company