Companyfinance.com Nets a Pre-Launch $15M Deal
May 1, 2000
Companyfinance.com Nets a Pre-Launch $15M Deal
NEW YORK--Internet business-to-business (B2B) enabler companyfinance.com hasfacilitated a lender/borrower union which has led to a $15 million financing for AdvancedNutraceuticals Inc. through the company's Intelligent Lending Network (ILN). Jon Orban,chief executive officer and founder, said that applying for a loan online greatly benefitsbusinesses such as Advanced Nutraceuticals, because its ILN offers such businesses a broadarray of lending options and a network of lenders without geographical constraints."Closing a transaction through our system prior to our launch is another validationfor the need of our service," he said.
Pat Cox, vice president of Advanced Nutraceuticals, reported, "After attempting toobtain financing through myriad traditional channels, companyfinance.com was able toprovide our firm successful access to the right institution. Their efficient automatedsystem simplified the financing process and saved [Advanced Nutraceuticals] time andmoney."
For more information, contact Tonya Hayes at (650) 696-1411 or [email protected].
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