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Financial Management Services, Inc. (“FMSI”) is a leading provider of financial and business services to companies associated with the building trades.
FMSI was founded in 1973 by a small group of wholesalers that saw a need for financing products for their contractor customers outside of traditional bank product offerings. Installment loans and floor-plan financing were the only products offered until the mid-1990’s. At that time ProPower, a private label credit card, was developed to assist wholesalers’ cash flow by replacing a segment of their house accounts with a revolving business account.
Since 1973, FMSI has assisted companies with products such as private label credit cards, consumer job financing, installment loans, credit management services, investment and treasury management tools and marketing strategies designed to enhance cash flow, increase sales and maximize bottom-line profits. With a history of strong financial performance and controllership, FMSI continues to provide innovative and diverse business solutions for its clients.
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