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MEDIA RELEASE

Alliance Financing Group Inc.
(TSX-V:AFG)
Website: www.yourfinancesource.com
Shares issued and outstanding: 10,245,652

Alliance Financing To Offer On-line Financing Solutions To CNLA’s 3000 Canadian Members

TORONTO, ON – (October 05, 2000) Bernard Shimkovitz, CEO of Alliance Financing Group Inc., (AFGI) an established and profitable provider of e-financing for small- to medium-sized businesses, announced a strategic alliance today with the Canadian Nursery Landscape Association (CNLA), a vertical business-to-business web portal for professional growers, retailers, landscapers, and suppliers.

CNLA is a national body linking eight provincial member associations that represent 3,000 member-professionals across Canada. AFGI’s unique on-line financing is available on CNLA’s vertical communities, to provide landscape and nursery professionals with efficient on-line financing of nursery and landscaping equipment.

“We are thrilled to partner with an organization like CNLA,” said Mr. Shimkovitz. “They have a proven track record and a long history of working to improve the quality and integrity of the businesses they represent. With the high capital needs of their members, the CNLA has recognized the need for professional on-line financing and has acted to extend it to their members.”

Alliance provides Internet-based financing fulfillment as a private-label asp reached by a seamless link to a secure sub-area of Alliance’s website, www.yourfinancesource.com. A financing quotation engine provides the potential buyer with real-time, on-line financing quotes, allowing them to submit a secure credit application and obtain credit approval in 30 minutes or less. Alliance’s server maintains the website for the client.

“We are reaching out to associations and membership groups like CNLA, so they can assist their member-based businesses in access to the financing products and services that they need to grow their businesses,” continued Mr. Shimkovitz. “We can offer an exciting, quick and effective solution so our partners can offer a necessary service to their members.”

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About Canadian Nursery Landscape Association
Canadian Nursery Landscape Association is a national body linking together eight provincial member associations in the landscape and nursery field. The association’s beginning dates back to 1922 with the formation of the Eastern Canada Nurseryman’s Association with members mainly from Quebec and Ontario.

Gradual expansion of the nursery industry over the years resulted in the formation of seven regional associations in 1964, each represented on the board of the CNLA. In 1972, the National Board of Directors established a permanent head office for its association in Ottawa. Today CNLA‘s purpose is to act as a government lobbyist, to help its membership function more effectively, to be of greater service to the gardening public, and to assist and promote the beautification of Canada through the joys and benefits of gardening.

About Alliance Financing Group Inc.
Alliance Financing Group Inc.’s core business is arranging asset-based financing for small-and medium-sized organizations that require capital for machinery and equipment. AFGI is building its position as a leader in the asset-based finance business in Canada by expanding into the business-to-business e-finance market. AFGI has become Canada’s one-stop, on-line financing shop, delivering comprehensive web-based business financing fulfilment solutions. For more information, please visit www.yourfinancesource.com.

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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 Venture Exchange has neither approved nor disapproved the contents of this press release.

2000 Articles