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Fundation Secures $120 Million Credit Facility from SunTrust Bank

SunTrust Banks, Inc (STI)  More Company Research Source: Business Wire
Last suntrust banks, inc earnings: 10/19 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.suntrust.com/overview/default.aspx
PDF Additional Credit Facility Provides Funding to Support Acceleration of Company’s Growth NEW YORK--(BUSINESS WIRE)-- Fundation, a leading digitally-enabled lender and credit solutions provider, today announced that it has secured a $120 million asset backed credit facility from SunTrust Bank. Waterfall Asset Management was included in the facility as a Class B lender. This additional credit facility further enhances Fundation’s capacity to extend credit to small businesses across the United States. Sam Graziano, CEO of Fundation said, “Garnering the support of one of the leading super regional banks engaged in asset backed finance is another milestone for our Company. As we continue to bolster the size and quality of our capital base, we can become an even stronger ally to our strategic partners and their small business clientele.” Fundation focuses on delivering credit to small businesses [Read more]

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