2001 Articles
MEDIA RELEASE
(TSX-V:AFG)
Alliance
Financing Group Announces A Marketing
Arrangement with Sun Life Financial Trust
Toronto, September 20,
2001
Alliance Financing
Group Inc. (CDNX:YFG), providers of financing solutions for
small-to-medium-sized enterprises (SMEs) announced today the signing of
reciprocal marketing agreements with Sun Life Financial Trust Inc. a member of
the Sun Life Financial group of companies, that will allow both organizations
to market each other's products.
Under these
arrangements, Alliance Financing Group will offer Sun Life Financial Trust's
personal lines of credit, as well as high interest personal savings accounts,
primarily to business owners, while Sun Life Financial Trust will introduce
selected Alliance Financing Group products to their distribution partners to
meet the financing needs of their business customers.
Alliance Financing
Group's core strategy is the provision of a basket of essential financing and
financial products to its SME customers, through five distinct distribution
channels: equipment/machinery vendors, Internet Verticals, Internet Portals,
Independent Sales Organizations, and finally, direct to the end-user. Alliance
Financing Group acts as an aggregator of the financing products of a multitude
of best-of-breed partners including Lessors, Commercial Finance Companies and
Banks in Canada, the United States, and (on a limited basis) selected other
countries.
Bernie Shimkovitz, CEO
of Alliance Financing Group states: "Our business model allows us to offer an
extremely diverse selection of the best financing products and solutions in the
marketplace today. Moreover, the diversity of our underwriting sources allows
us to maintain one of the highest approval ratios possible".
Mr. Shimkovitz
continues, "Sun Life Financial Trust offers excellent personal line of credit
products, as well as one of the best high-interest savings accounts available
to Canadians. It is important to us to be able to offer these superior products
to our customers. In addition, having Sun Life Financial Trust introduce some
of our products to their distribution partners, will lead to additional
penetration into the Canadian SME marketplace for Alliance Financing Group".
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About Alliance
Financing Group Inc.
Established in 1989, Alliance Financing Group is proving itself as a leader in
providing leasing and financing solutions for all types of businesses in both
the traditional bricks and mortar marketplace, and since early 2000, the
Internet marketplace. Alliance Financing Group is a "one-stop financing shop",
acting as an aggregator of the products and services of top lease-financing
companies, commercial finance institutions and banks, and delivering these
products and solutions to the end-user customer. Employing a "high-tech,
human-touch" philosophy, Alliance Financing Group has migrated its B-to-B
financing solutions to the Internet via its primary Internet offering,
YourFinanceSource.com and through its proprietary private labeled technology
for online vendors, Internet verticals and portals. Using this technology,
Alliance Financing Group is able to deliver a comprehensive suite of end-to-end
financing fulfillment solutions, coupled with live online assistance for the
end-user.
For more information
about Alliance Financing Group Inc. please visit:
www.YourFinanceSource.com ,or contact:
Bernard
Shimkovitz
Chief Executive Officer
Alliance Financing Group Inc.
Tel: 905-660-3660 x225, Toll Free: 877-660-3660
Fax: 905-660-3078
Email: bernie@alliancefinancing.com
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The Canadian Venture
Exchange has not reviewed and does not accept responsibility for the adequacy
or accuracy of this press release.
2001 Articles
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