2000 Articles

MEDIA RELEASE

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

Alliance Financing Tool Now Available On SherpaOnline's 15 B2B Exchanges

Toronto, ON-October 26, 2000 - Bernard Shimkovitz, CEO of Alliance Financing Group, providers of e-finance solutions for small-to medium-sized enterprises (SMEs), announced today a strategic partnership with www.SherpaOnline.com, a B2B portal for commercial interchange.

SherpaOnline.com (B2BSherpa) is an open-source virtual network encompassing more than 15 business exchanges. The B2B vertical connects SMEs on a continuous basis through auctions, classifieds, and requests for quotes (RFQs).

"While presenting its product array to its members, SherpaOnline realized that the members needed access to financing both to make their purchases and to fuel the growth of their businesses," Mr. Shimkovitz said. "Alliance's forte is its diverse network of financing underwriting sources. We can offer the best financing options and programs in the marketplace."

Alliance's "white-label" solution offers a financing web page that melds seamlessly with B2BSherpa's site. With Alliance's proprietary software, business owners can apply for real-time, online financing quotes and receive approval in minutes. Alliance's financing engine submits secure credit applications for the potential buyer.

"By implementing our e-financing solution, we give B2BSherpa's customer base the tools they need to grow their businesses," Mr. Shimkovitz added. "At Alliance we are accustomed to providing a multitude of financing options, ranging from small equipment to large machinery across many industries. Throughout the process our specialist team is available to assist the customer with any question or concern that may come up. At Alliance our motto is always high-tech with a human touch, something our customers appreciate."

About SherpaOnline.com
SherpaOnline.com is an open-source virtual network of more than 15 business exchanges. The service brings buyers and sellers together through auctions, RFQs, and classifieds and is one of the first B2B sites to offer a 100 percent guarantee on member transaction fees. B2BSherpa allows SMEs to save time and money on everyday transactions. In addition, it provides one of the industry's largest aggregations of general news sources, key vertical market sources, and regional/national content drawn from online and offline partners.

About Alliance Financing Group Inc.
Alliance Financing Group's core business is arranging asset-based financing for SMEs, especially those that require capital for machinery and equipment. Alliance is building its position as the online leader in the asset-based finance business in Canada and the US by expanding into the B2B e-finance market. As the one-stop online financing shop, Alliance delivers comprehensive web-based business financing fulfillment solutions. For more information, please visit www.yourfinancesource.com.

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2000 Articles