BW2151  SEP 28,2000       5:05 PACIFIC      08:05 EASTERN



( BW)(CA-LEASELOAN) LeaseLoan Calls for Lenders: New Company
Streamlines the Approval and Documentation Process, Reduces Labor Costs
for Lenders


    Business Editors/Internet Writers

    DONNER LAKE, Calif.--(BUSINESS WIRE)--Sept. 28, 2000--Funding sources looking to
increase their presence in the e-finance arena -- or simply looking to streamline the
financing process and reduce labor costs -- can look to LeaseLoan, an online lending 
provider of real-time business financing for small businesses.

    At no cost to lenders, LeaseLoan is speeding up the contract financing process, both 
approval and documentation, and shortening this cycle to minutes using an automated credit
evaluation platform.

    Using computer technology to screen deals for nuances and credit profiles, lending 
partners can review and purchase closed transactions that make sense for their portfolio. 
Funding sources get full disclosure on transactions in an easy-to-read format -- all via 
the Internet.

    The process begins when funding sources load their general credit approval parameters 
into the LeaseLoan system. Customers are quoted (and closed) using this information via a 
real time proprietary process, and exposed to funding sources that have the best fit. Lenders 
simply have to say "yes" to the transaction and LeaseLoan sells the deal using their buy rates.

    This methodology differs from a marketplace with open competitive bidding or referral
platforms that may have difficulty in actually closing transactions. In addition, there is 
a firewall between sales and the funding and credit staff that process the transactions,
eliminating the sales environment and traditional problems of internal pressure to scrub
information.
 
    "Lenders partnering with LeaseLoan experience an efficient credit evaluation and 
procurement process for effective portfolio management," said Nick Pullen, CEO of LeaseLoan. 
"Our goal is to give lenders transactions that are closed, fit their criteria, exceed their 
due diligence standards, and are ready to be funded."

    LeaseLoan manages the transaction from start to finish, guiding the customer through 
the process avoiding an awkward customer pass from one institution to the next. In addition 
to assisting with capital, LeaseLoan assists new businesses with educational and product
fulfillment services that promote long-term growth.

    For more information, visit www.leaseloan.com or call 530/587-7105 ext. 7010.

    --30--lr/sf*            jp/sf

    CONTACT: LeaseLoan
             Nick Pullen, 530/587-7105
             Nick_Pullen@LeaseLoan.com
                or
             Lyman Public Relations
             Carmella Lyman, 775/832-9703
             carm@lymanpr.com

    KEYWORD: CALIFORNIA
    INDUSTRY KEYWORD: BANKING COMPUTERS/ELECTRONICS INTERNET PRODUCT