Will provide additional resources to accelerate growth
BOCA RATON, Fla. — Service Finance Co. (SFC), a service provider that originates, underwrites, and services financing for the purchase of HVAC, solar, insulation, and more, announced that it has closed a significant minority equity investment from Flexpoint Ford LLC, a private equity firm. SFC said the partnership will provide it with additional resources to accelerate growth. The firm will continue to operate as an independent company under its current management team and president, Mark Berch.
As a nationally licensed sales finance company and third-party servicer authorized to conduct business in all 50 states and the District of Columbia, SFC has developed a technology-enabled platform that allows contractors to offer financing solutions to consumers as part of their in-home sales process. Over its 10 year history, SFC said it has developed industry partnerships that enable it to offer qualified borrowers a broad-based set of financing products through its expanding national network of contractors.