The company intends to use the funds to grow its lending operations and to launch FreedomPlus, a new personalized lending platform set to debut in early 2014.
Led by Andrew Housser, co-founder and CEO, and Joseph Toms, President and Chief Investment Officer, FreedomPlus FFN works as an independent advocate to provide comprehensive financial solutions, including debt settlement, debt resolution, debt consolidation and tax resolution services for consumers struggling with debt.
Its product portfolio includes Bills.com, Freedom Debt Relief, Freedom Tax Relief, ConsolidationPlus and FreedomPlus products.
The company is an accredited member of the American Fair Credit Council, and a platinum member of the International Association of Professional Debt Arbitrators.
It has more than 600 employees.