2000 Articles
MEDIA
RELEASE
Alliance
Financing Group Inc.
(TSX-V:AFG)
Website: www.yourfinancesource.com
Shares issued and outstanding: 10,245,652
Alliance
Financing Group Inc. Reaches Agricultural Businesses with AgDealer.com
TORONTO, ON -
(September 18, 2000) - Alliance Financing Group Inc. (AFG), provider of
e-finance solutions for small businesses, announced today a strategic alliance
with The Ag Dealer Ltd., a leading business-to-business Web portal for the
agriculture industry.
lliance will provide
Internet-based financing fulfillment through their private-label solution for
The Ag Dealer (www.agdealer.com).
Alliance's established private-label leasing and financing link offers online
financing through its website
www.yourfinancesource.com.
"The Web-based
marketplace today demands that companies like Alliance respond instantly to the
needs of small business," says Bernard Shimkovitz, CEO of Alliance Financing
Group. "Our service ensures that The Ag Dealer's member-dealers and customers
will benefit from a business service of this type, allowing fast, easy access
to their equipment financing."
The Ag Dealer offers
333 farm equipment dealerships, linked through the company's website, the
opportunity to fulfill online financing approval within 30 minutes. Mr.
Shimkovitz adds, "Our alliance with The Ag Dealer allows us to expand our
private label and provide the customer the advantage of a time-efficient online
solution."
Alliance's
private-label leasing tool supplies The Ag Dealer's clients with a seamless
custom-designed Web link to AFG's server. The server automatically maintains
the private-label screen that appears within The Ag Dealer's and/or
dealerships' hosted website. It utilizes a financing quotation engine that will
provide the potential equipment buyer with real-time, online financing quotes
and allow them to submit a secure credit application and obtain credit approval
in 30 minutes or less.
"The relationship
with agdealer.com creates a win-win solution," says Mr. Shimkovitz. "This
supports our aggressive growth plan."
About The Ag Dealer
The Ag Dealer Ltd. is a leading Internet Technologies Company serving the
agricultural B2B vertical. The publishing division, produces 5 editions, of a
full colour farm equipment magazine, currently distributed to 200,000 farms.
The magazine drives traffic to the B2B marketplace agdealer.com for
agricultural equipment. Their vertical offering includes as well, continuous
auctions for 333 farm equipment dealerships across Canada. Their technology
division specializes in agricultural B2B sites, web-based publishing, and links
to equipment manufacturers and distributors. The Ag Dealer's search engine
allows customers to sort their selections by dealer, make, model type, or
price.
About Alliance Financing Group Inc.
Alliance Financing Group Inc.'s core business is arranging lease-based
financing for small- and medium-sized organizations that require capital for
machinery and equipment. AFG is building its position as a leader in the
asset-based finance business in Canada and the US, by expanding into the
business-to-business e-finance market. AFG is a one-stop financing shop,
delivering comprehensive online business financing fulfillment solutions. For
more information, please visit
www.yourfinancesource.com.
-30-
For further information regarding
this press release, please contact:
Bernard Shimkovitz
Chief Executive Officer
Alliance Financing Group Inc.
Tel: 905-660-3660 x225,
877-660-3660
Fax: 905-660-3078
bernie@alliancefinancing.com
|
W. Daniel Mothersill
Managing Partner
Ciris International Inc.
Tel: 416-368-8770
Fax: 416-368-5122
danm@cirisint.com
|
The Canadian Dealing Network has
neither approved nor disapproved the contents of this press release.
2000 Articles
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