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For Immediate Release

   
   

Pentech Announces New Credit Facility

Campbell, CA – February 12, 2007

Pentech Financial Services, Inc. today announced it has secured a new $15 million subordinated debt facility with Cambridge Place Investment Management LLC.

 

"This credit facility is an important element in our continued growth," said Ben Millerbis, Pentech's chief executive officer.  "It should provide ample capital to sustain our growth for the next 2-3 years."


The new agreement was effective December 2006.

About Pentech Financial Services, Inc.

Pentech, a leading lender in the B-C credit market, provides middle and small ticket equipment lease financing nationwide.  The company is headquartered in Campbell, CA, with the small ticket funding division located in San Diego, CA.

About Cambridge Place Investment Management LLC

Founded in 2002 with offices in London and Boston, Cambridge Place Investment Management LLC (CPIM) is a global investment management group concentrating on the structured finance product market, principally Asset-Based Securities (ABS).

Corporate Contact:

Benjamin E. Millerbis, President & CEO, Pentech Financial Services, Inc.   408.879.2200 - ben@pentechfinancial.com

Press Contact:

Brad Brisbin, Vice President – Marketing, Pentech Financial Services, Inc.  408.879.2200 - brad@pentechfinancial.com

 

 
   
   

Copyright © 2002 Pentech Financial Services, Inc. All rights reserved.