United Companies Financial Corp., Baton Rouge, La., said it has signed a letter of intent to acquire Empire Funding Corp.

Empire, an Austin, Tex., home improvement lender, originated $256 million of loans in the year ended Sept. 30.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.