NEW YORK, NY/ACCESSWIRE/August 8, 2022/ Focus Financial Partners Inc. (NASDAQ:FOCS) (“Focus”), a leading partnership of independent fiduciary wealth management firms, today announced that its subsidiary, Focus Treasury and Credit Solutions, LLC (“FTCS”), has associated with Community Capital Technology Inc. (“Community Capital”) to offer the FTCS Loan Marketplace (the “Marketplace”) exclusively to Focus partner companies and their advisors. The marketplace will provide advisors with an efficient way to connect their clients with a range of banks and other lenders to find credit solutions. The marketplace will be available through the FTCS Credit Portal and will provide access to Community Capital’s exclusive online lending marketplace through its digital platform.

FTCS facilitates access to cash management and lending alternatives for personal, business and non-profit needs, by equipping advisers at Focus partner companies with private bank credit tools. Community Capital offers a national network of more than 1,200 banks, credit unions, insurance companies, credit funds and other financial institutions, which will greatly expand FTCS’ access to credit providers. The Marketplace will improve the ability of advisors to help their high net worth and ultra high net worth clients meet their tailored credit needs. It will also promote competitive prices and terms for the general borrowing needs of their customers.

“We are delighted that FTCS is partnering with a fintech company that understands the unique needs of our partner firm’s customers and shares our vision for facilitating customers’ efficient access to credit,” said Rudy Adolf, Founder, CEO and President of Focus. “Community Capital’s large and diverse network of financial institutions will enable FCTS to significantly increase its loan sourcing capabilities, providing enhanced access, scale advantages and pricing power to meet a wide range customer credit needs across our partnership. This new relationship is another demonstration of how we are extending the value-added services we provide to our partners, enabling them to enhance the value they can deliver to their customers.”

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CEO and Founder of Community Capital, Garrett Smith, added, “We are incredibly excited by the opportunity to work with the innovative and forward-thinking team at FTCS to deliver what we believe to be a technology and service solution. that define the market. Our company’s mission is to improve efficiency, liquidity and access to lending markets. Our partnership with FTCS not only provides a differentiating service offering for Focus partner companies, but also provides our existing network with ‘financial institutions and originators front-line access to a powerful new growth engine.’

About Focus Financial Partners Inc.

Focus Financial Partners Inc. is a leading partnership of independent wealth management trust companies. Focus provides access to best practices, resources and continuity planning for its partner companies that provide individuals, families, employers and institutions with comprehensive wealth management services. Focus partner companies maintain their operational independence, while benefiting from the synergies, scale, economy and best practices offered by Focus to achieve their business objectives. For more information on Focus, please visit focusfinancialpartners.com.

About Community Capital Technology Inc.

Community Capital is a digital platform for optimizing the management of credit portfolios. Community Capital’s Loan Transaction Marketplace offers regional banks, community banks, CUSOs, credit unions and other non-bank originators or credit investors a simpler, more profitable and transparent way to buy, to sell, obtain and/or participate in loans. Member firms are able to efficiently source relevant opportunities or partners, actively manage balance sheet risk and generate returns, resulting in greater access to capital for their customers and communities. For more information, please visit communityct.com.

Caution Regarding Forward-Looking Statements

This release contains certain forward-looking statements that reflect Focus’s current beliefs regarding certain current and future events. These forward-looking statements are and will be subject to numerous risks, uncertainties and factors relating to Focus’s operations and business environment, including the impact of the conflict in Ukraine, which may cause future events to differ materially from these forward-looking statements. . or anything implied therein. All forward-looking statements contained in this press release are based on information available to Focus as of the date of this press release. Focus does not undertake to publicly update or revise its forward-looking statements, even if experience or future changes clearly indicate that the statements expressed or implied therein will not be materialized. Additional information about risk factors that could affect Focus can be found in Focus’ filings with the Securities and Exchange Commission.

Investor and media contacts

FOCUS ON FINANCIAL PARTNERS

tina madon
Senior Vice President
Head of Investor Relations & Corporate Communication
Focus Financial Partners
Such. : +1-646-813-2909
[email protected]

charlie aretia
vice president
Investor Relations and Corporate Communications
Focus Financial Partners
Such. : +1-646-560-3999
[email protected]

TECHNOLOGICAL COMMUNITY CAPITAL
Rulonna Neilson
Tel: +1 (646) 306-9744
Email: [email protected]

THE SOURCE: Focus Financial Partners Inc.

See the source version on accesswire.com:
https://www.accesswire.com/711161/Focus-Treasury-and-Credit-Solutions-Partners-with-Community-Capital-Technology-to-Offer-Online-Loan-Marketplace-Through-an-Innovative-Digital- Platform