Fountainhead Commercial Capital

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Fountainhead Commercial Capital - overview

Established

2015

Location

Orlando, FL, US

Primary Industry

Financial Services

About

Fountainhead Commercial Capital specializes in non-bank financing solutions for small to midsize businesses in the United States, offering SBA loan programs and conventional financing tailored to diverse business needs. Fountainhead Commercial Capital provides tailored financing solutions primarily through SBA 7(a) and SBA 504 loan programs. Founded in 2015 and headquartered in Orlando, US, the company has successfully closed one deal as of May 4, 2016. The latest funding round was a Series A, raising USD 23.


00 mn from investors including 20 Gates Management and Magnetar Capital. The company was co-founded by Chris Hurn, Donald Griffith, and Jetro Suni, with Chris Hurn serving as the CEO. Fountainhead Commercial Capital focuses on providing non-bank financing solutions designed to meet the needs of small to midsize businesses across the United States. Their offerings include the SBA 7(a) and SBA 504 loan programs and conventional loans, facilitating various business initiatives such as acquisitions, refinancing, working capital, equipment purchase, and owner-occupied commercial real estate ownership.


The company serves a broad range of industries, providing customized financial solutions that promote growth nationwide. Fountainhead generates revenue through the origination and servicing of its loan products, including SBA 7(a) and SBA 504 loans as well as conventional loans. By directly engaging with small business owners, the company offers expedited loan approval decisions within 24 hours, thus streamlining the application process. The revenue model is driven by loan origination fees and interest payments, which are aligned with the individual agreements established with clients, ensuring a mutual growth trajectory.


Fountainhead Commercial Capital intends to leverage its recent funding of USD 23. 00 mn raised in May 2016 to enhance its product offerings and expand into new geographic markets. The company is working on designing new financing products, although specific release dates have not been disclosed. They are planning to extend their reach into additional regions within the United States to serve more small to midsize businesses, supporting their growth objectives.


Current Investors

Magnetar Capital, 20 Gates Management

Primary Industry

Financial Services

Sub Industries

Investment Banking, Mortgage Banking

Website

www.fountainheadcc.com

Verticals

FinTech

Company Stage

Series A

Total Amount Raised

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