FCC Finance

What FCC Finance does

FCC Finance, LLC is a privately held, Texas-based specialty consumer lender founded in 1995 (with one source referencing 1997) that originates and services sub-prime home improvement loans across more than 40 U.S. states. The company distributes exclusively through an approved network of home improvement contractors and dealers (roofing, windows, kitchen, bath, flooring) who submit customer credit applications on behalf of borrowers. Its core product is a secured consumer installment loan ranging from $3,000 to $40,000 with terms of 36 to 144 months; revenue is generated primarily through interest charged on these loans, with APRs varying by credit tier and a $99 prepaid finance charge on extended loans. FCC's value proposition is "second-look" lending to credit-challenged (B-D tier) borrowers whom traditional lenders decline, enabling contractors to convert leads they have already paid to acquire. Differentiators include same-day decisioning, e-document/e-signature execution, direct underwriter access for contractors, and a Merchant Portal (portal.fccfinance.com) for application submission alongside a Customer Payment Portal (myfccaccount.com) and mobile app for servicing.

The company's technology stack centers on a loan origination and servicing platform delivered through a 2022 Services Agreement with LendFoundry, providing fintech-grade origination speed and scalability to the dealer network. Underwriting, document generation, and approval processes are executed through electronic workflows that route loan documents to contractors or customers for e-signature, with funds released to contractors upon verified project completion. The operating model is licensed and regulated: FCC holds NMLS #120321 and individual state lender licenses across the majority of U.S. states, enabling multi-state consumer lending under each jurisdiction's applicable rate caps and disclosure regimes.

FCC Finance completed its first securitization transaction, FCCHIT 2026-HI1, in March 2026, with U.S. Bank Trust Company serving as Indenture Trustee — a defining capital markets milestone that diversifies funding beyond warehouse or balance-sheet sources. The company is privately held with no disclosed institutional investors or outside equity; ownership transferred internally in February 2022 from founder James D. Borschow to Angela C. Wilkin, a 25-year veteran who serves as President/CEO. Headcount is reported in the 11–50 range, and the company has no disclosed revenue figures.

Name

FCC Finance

Legal name

FCC Finance, LLC

Website

https://fccfinance.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

FCC Finance, LLC is a privately held, Texas-based specialty lender that originates and services sub-prime home improvement loans ($3,000–$40,000, up to 144 months) for credit-challenged borrowers across 40+ U.S. states, distributed through an approved contractor/dealer network with same-day approvals and e-signature workflows.

Ownership category

akta.pro rank

Product category

Consumer Lending — Home Improvement Finance

NAICS

Consumer Lending (522291), Nondepository Credit Intermediation (5222)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Home Improvement Personal Loans (Unsecured Installment) (FSAKAAAE)

akta.pro secondary industry

Subprime Installment Loans (Non-Prime Personal Loans) (FSAKAOAA)

Keywords

• Sub-prime home improvement loans
• Second-look consumer lending
• Contractor financing programs
• Credit-challenged borrower loans
• Home improvement lending platform

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Home Improvement Loan Interest: FCC Finance originates and services sub-prime home improvement loans. Revenue is generated through interest charged on loans, with APRs varying based on creditworthiness. Loan amounts range from $3,000 to $40,000 with terms up to 144 months. A $99 prepaid finance charge is applied to extended loans.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

FCC Finance originates and services sub-prime home improvement loans ranging from $3,000 to $40,000 with terms up to 144 months, specializing in second-look lending for credit-challenged (B, C, D credit tier) borrowers. Loans are distributed exclusively through an approved network of home improvement contractors and dealers across more than 40 U.S. states, with same-day credit decisions, electronic documents, and e-signature workflows.

Product overview

FCC Finance offers a unified home improvement lending platform centered on sub-prime loans for contractors and homeowners. The core product is home improvement loans ($3,000-$40,000, up to 144 months), supported by a Merchant Portal for contractor loan applications and a Customer Payment Portal (myfccaccount.com) with an accompanying mobile app for account management and payments.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Improvement Loans Sub-prime home improvement loans ranging from $3,000 to $40,000 with terms up to 144 months, targeting credit-challenged customers (B, C, and D credit tiers) and offered through approved home improvement contractors. APR varies by creditworthiness, with a $99 prepaid finance charge on extended loans.
• Merchant Portal Online portal (portal.fccfinance.com) for approved home improvement contractors and dealers to submit customer credit applications, work orders, and project details to receive same-day financing decisions from FCC Finance.
• Customer Payment Portal Online portal (myfccaccount.com) for borrowers to make loan payments, view real-time account information, payment history, statements, payoff amounts, and message customer support.
• FCC Finance Mobile App Mobile application available on the Apple App Store and Google Play Store that allows customers to manage their FCC Finance loan accounts and make payments on the go.

Quantifiable outcome

• Same-day loan decisions for contractor-submitted applications
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• LendFoundrycoreTechnology or Integration · 24 February 2022FCC entered into a Services Agreement with LendFoundry under Angela Wilkin's leadership, enabling fintech loan origination while offering speed and scalability to FCC's contractor network. The partnership was designed to leverage FCC's home improvement lending experience into an expandable lending platform for fast and efficient in-home approvals.
• Berenson LLPminorImplementation/ SI/ Consulting Partner · 24 February 2022Berenson LLP served as legal advisor to FCC Finance LLC on the internal company sale transaction from founder James D. Borschow to Angela C. Wilkin.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Service Finance Holdings: Provider of home-improvement and other consumer installment loans distributed through contractor and dealer networks. Closely mirrors FCC's product, channel, and target borrower profile.
• Hearth: Fintech home-improvement financing platform that connects contractors with consumer loan products, including subprime options. Directly comparable digital-native competitor to FCC's contractor channel.
• EnerBank USA: Specialty home-improvement installment lender owned by CMS Energy, originating through contractor dealer networks across the U.S. Highly comparable to FCC's B2B2C subprime home-improvement model.
• Upgrade: Digital consumer lender offering personal installment loans that can be used for home improvements. Targets near-prime and some subprime borrowers, overlapping FCC's segment with an online-first model.
• Avant: Online consumer lender focused on non-prime borrowers offering personal installment loans. Comparable to FCC on credit profile and installment product structure, though without the contractor channel.

Broad incumbents

• Marcus by Goldman Sachs: Goldman Sachs' direct-to-consumer personal loan business, including home-improvement lending. Adjacent incumbent competitor with prime-skewed underwriting versus FCC's subprime focus.
• Synchrony Financial: Large public consumer-finance company with a major home-improvement card/loan franchise via Synchrony Home and partnerships with home-improvement retailers. Operates in the same end market at significantly greater scale.
• LightStream (Truist): Online unsecured personal-loan division of Truist, including home-improvement use cases. Overlaps with FCC on home-improvement financing but serves a higher credit tier.
• GreenSky (Goldman Sachs): Point-of-sale home-improvement lending platform originally independent, now owned by Goldman Sachs Bank USA. Competes with FCC for contractor-sourced home-improvement loan volume.

Emerging players

• LendingPoint: Fintech lender offering personal installment loans to near- and subprime consumers, including home-improvement use cases. Partial overlap with FCC's borrower profile and product.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/FCCFinance
• LinkedInlinkedin.com/company/fcc-finance-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FCC Finance