- Technology firm and online lender will develop programs to help automotive repair shops grow sales, expand operations -
San Jose, CA – Kukui Corporation, a developer of marketing software solutions for the automotive repair industry, has formed a partnership with Fundation Group LLC, a direct online commercial lender. Kukui and Fundation will join forces to develop programs that will combine both their services, allowing shop owners to gain valuable marketing insight to increase sales and access to capital for expansion.
Kukui’s success platform provides detailed data on how much business a shop owner’s marketing channels are generating. The company’s product suite also includes smart web pages that are optimized to boost sales conversion rates, a simple-to-use Content Management System that is integrated with a shop’s Point-of-Sale system, and customer retention tools such as email service reminders.
Those tools allow shop owners to more effectively market their businesses and increase sales to the point where some need to expand to keep pace with the growth.
“This could mean adding technicians, a new lift, or even a shop management upgrade,” said Kukui President and CEO Todd Westerlund. “We know shops often need financial assistance to cover these types of expenses, so we searched the nation for a funding company that has strict morals and a great culture that matches Kukui’s. We found that Fundation was the best fit.”
Fundation offers its business owners a simple, efficient and transparent borrowing experience. Credit-worthy borrowers can receive fixed-rate term loans of up to $500,000 through a simple process that takes 10 minutes to apply online and as little as three days to be funded. Fundation’s product was specifically designed to serve as an alternative to scarcely available bank loans and high-rate, short duration working capital products available through other non-bank lenders.
Working together, Kukui and Fundation will be able to offer unique promotional packages that will provide shop owners with a one-stop shop – giving repair centers access to vital marketing and financial support.
"Fundation looks to partner with companies that have a positive impact on the financial performance and overall growth of the businesses they work with. Kukui perfectly embodies that principle. The shops that utilize their software platform are primed to excel,” said Doug Gordon, Fundation’s Co-Founder and Head of Business Development. “Adding our financing product to Kukui’s offerings will further support the growth and stability of these businesses by enabling them to capitalize on the many opportunities that come their way.
Fundation owns and operates a highly advanced and proprietary technology and operational platform designed to meet the financing needs of the small balance commercial loan market. Fundation seeks to finance established commercial borrowers across the United States. The company was founded in 2011.For more information about Fundation, visit www.fundation.com