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(Baldwin,
NY, December 15, 2000) - For some small business owners,
going online to find financing for the first time is like
tracking down small prey. The pursuit is cautious and careful,
yet filled with uncertainties and excitement.
But
tracking the right kind of financing doesn't have to be as
difficult and daunting as hunting big game, thanks to PrimeStreet,
the leading enabler of real-time credit solutions for financial
institutions, equipment vendors and marketplaces serving the
small business market, and MyReceivables.com, the leading
online provider of accounts receivable funding and management
and technology services.
"With
MyReceivables.com, PrimeStreet has added additional functionality
to our already extensive online financial network of partners
that serve the small business market," said Stephanie Febonio,
senior vice president, of PrimeStreet Corporation.
MyReceivables.com
provides the accounts receivable management services that
complements PrimeStreet's variety of financing options," said
Leonard Leff, president and chief executive officer of MyReceivables.com.
"With MyReceivables.com, PrimeStreet customers have easy access
to accounts receivable funding and management solutions."
Small
businesses interested in accounts receivable funding and management
services can apply online at www.PrimeStreet.com or directly
at www.MyReceivables.com.
PrimeStreet's
online open finance market enables small business owners to
sidestep much of the time required in shopping and applying
for a loan. PrimeStreet's network of nationwide lenders offers
both choice and convenience to borrowers. PrimeStreet also
provide a wide range of information resources and financial
tools for small business sites.
About
PrimeStreet Corporation
PrimeStreet™ is the leading enabler of real-time credit solutions
for financial institutions, equipment vendors and marketplaces
serving the small business market. PrimeStreet delivers its
solutions through a highly configurable real-time credit processing
system called the eBusiness Finance Platform, which provides
access to the company's growing network of lenders, currently
comprised of more than 60 strategic lending partners, offering
a wide variety of products across the credit spectrum including
lines of credit, term loans, business credit cards, leases
and accounts receivable financing.
PrimeStreet's
service is available through many well-known channel partners
including portals, financial institutions and equipment vendors.
PrimeStreet operates in both the United States and Canada.
For more information, please visit www.primestreet.com or
call 1-888-609-PRIME.
About
MyReceivables.com
MyReceivables.com, a member of CDS Companies established in
1972, began offering its services online in early 2000. The
company is the first provider of a full range of online accounts
receivable services. This includes accounts receivable management
and funding, technology, virtual cards, billings, collections
and database marketing, making it the Internet's leader for
small business accounts receivable funding and management.
Additionally, My Receivables.com is leading the way with proprietary
online payment and transaction processing technology offering
a variety of custom credit purchasing programs for consumer
and business-to-business Internet transactions.
The
CDS Group is a New York-based financial services and technology
company. For more information, visit the company's web site
at www.MyReceivables.com
or call Leonard Leff, president and chief executive officer
at 1-800-338-7353.
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