FCC Finance, LLC
Announces Internal Sale of Company
Long-Time Vice President Angela Wilkin
Dallas, Texas, Release: February 24, 2022.
For Immediate Release
FCC Finance LLC, a private sales finance company dedicated to the origination and servicing of consumer credit receivables in the home improvement and remodeling industries, today announced the completion of a definitive agreement to transfer ownership from the original founder, James D. Borschow to the Company’s long time Executive Vice President, Angela C. Wilkin.
Angela joined FCC Finance in 1997 and rose through the ranks over the last two decades to her most recent role as Executive Vice President. She’s an innovative leader that initiated and developed the Loan Servicing unit and is responsible for the company’s most recent branding refresh. Angela has also cultivated many strategic partnerships over the years and has been leading FCC’s technology growth initiatives and expansion opportunities.
Under Angela’s management FCC entered into a Services Agreement with LendFoundry, which will enable fintech loan origination while offering speed and scalability to FCC’s contractor network. Angela said, “This partnership will enable FCC to leverage our extensive home improvement lending experience into an easily expandable lending platform. The result will be fast and efficient in-home approvals for our contractors for all credit tiers. We remain committed to delivering the broad product offering and value-added customer support that our contractor partners and consumer end-users have come to expect from us.”
James Borschow, founder and past-President, said, “After having worked with Angela and her team over the past 25 years to build out and expand the FCC business, I am pleased that Angela will carry on our mission and recognize FCC’s future potential.”
Berenson LLP served as legal advisor to FCC Finance LLC on the transaction.
About FCC Finance, LLC:
FCC Finance has been supplying contractors and consumers with a wide variety of innovative finance products for over 25 years.