LOS GATOS, California, December 15, 2021 / PRNewswire / – Home Run Financing today announced the addition of two new hires to its leadership team. Rob Pile, Director of Revenue, and Rich fenske, CFO joined HRF’s management team after a long career in home improvement loans and renewable energy finance. Stack has nearly 20 years of experience in finance, sales and business development, most notably with Aqua Finance, Inc., which was a leader in the home improvement finance industry. Fenske has over 25 years of business experience, including as Managing Director of CXO Strategies and as CFO at DynaSolar EPCM. Both join the team as the company’s new product, Home Run Loans, gains rapid success, approaching $ 50 million in funding less than six months after launch.
“We are delighted to add new expertise to our team as our new unsecured loan product, Home Run Loans, is enjoying tremendous success,” said Robert Gilles, CEO of Home Run Financing. “This is the perfect time for our business as we expand our business to other complementary consumer loan products and new sales territories. “
Home Run Financing has been offering Property Assessed Clean Energy (PACE) financing since 2014 and last year launched an unsecured loan product, Home Run Loans. The company has built an extensive network of subcontractors in the states where it operates, including California, Missouri, Kansas, and Florida.
Rob Pile comes to the Aqua Finance team, where he has worked with home improvement contractors and dealers to provide consumer finance solutions. Previously, as Vice President of Sales and Engineering at JARP Industries, Stack managed the sales and customer service functions in a highly tactile, customer-centric environment.
“I am committed to fostering positive relationships with our funding partners, subcontractors and customers,” said Stack, “and I am particularly interested in ensuring that the performance of the new offering’s loan portfolio HRF’s is solid from the start as well as offering contractors ease of use with all of our financing products. Home Run Financing is the only consumer finance company that offers both PACE loans and unsecured loans and I am proud to join this team.
the new CFO of Home Run Financing, Rich fenske, specializes in solving complex business problems, most recently as Managing Director of CXO Strategies. As DynaSolar’s CFO, he co-led his team in the successful installation $ 1 billion renewable energy assets (solar and wind) for a clean energy infrastructure fund.
“I am excited about the future of Home Run Funding,” said Fenske, “and look forward to implementing best practices for the next phase of business growth”.
“Recent polls show that homeowners across the country continue to invest heavily in home improvement projects and that entrepreneurs continue to take advantage of opportunities for expansion and job growth,” added Giles. “Home Run Financing’s PACE and unsecured financing options help these homeowners and entrepreneurs achieve their goals. “
SOURCE Home Run Funding