Fundation Group, an online lender, obtained a $100 million asset-backed credit facility from Goldman Sachs. Fundation will use this credit facility to accelerate its growth by increasing its capacity to extend credit to small businesses across the U.S. through its various strategic partnerships.

Fundation enables its bank partners to leverage Fundation’s platform to offer an online lending capability to their customers, drive cost efficiencies and serve more customers.

Fundation also develops strategic partnerships, delivering capital to small businesses through integrations that serve the small business market in various forms. In the past year, Fundation has announced strategic partnerships with Regions Bank, Alliance Partners and the Minority Business Development Agency, a division of the U.S. Department of Commerce.

Fundation, majority-owned by Garrison Investment Group, retains the vast majority of loans that it originates on its balance sheet.