SALT LAKE CITY, June 19, 2012 /PRNewswire/ -- Capital
Financial Global, Inc. (OTC: CFGX), released updated figures today
for its Insurance Lending unit. As of today, there is
$16.4MM dollars of loans in process
which corresponds to approximately $328,000 in estimated revenue for the
Company.
"Our insurance lending pipeline is extremely important to our
Company for several reasons," said Mr. Paul
Norat, CEO of Capital Financial Global, Inc. "First of all,
we don't know of anyone out there that is successfully structuring
large loans on portfolios of insurance related assets. The fact
that we are pulling it off illustrates how valuable our proprietary
structuring techniques are. What we are doing is rare, valuable,
and hard to imitate. We believe it will give us a real competitive
advantage over any would-be competitors that may arise. As we
close the loans in our pipeline, our techniques will be validated,
giving us a "blue ocean" of uncontested market space in the
insurance portfolio lending arena, which is simply huge!"
About Capital Financial Global, Inc.
Capital Financial Global, Inc. (OTC: CFGX) is a specialty
finance company that provides asset-backed financing and loan
advisory services to insurance trusts & pension funds, owners
of commercial real estate, owners of residential real estate
portfolios, and owners of mining & precious metals assets.
Unlike traditional banking models, CFGX helps organizations
obtain needed liquidity by using an asset-backed approach rather
than a traditional credit approach to originating new loans, buying
and selling existing loans, and converting distressed collateral
into cash or trade-able form. We are the preferred alternative to
traditional bank financing.
Our Business Model
We make money by charging loan fees, making interest rate
spreads on loans we hold, and by buying & selling loans in
whole or in part to institutional investors, hedge funds, or other
secondary market participants. We also make money by charging
loan servicing fees and by selling distressed assets that we
acquire for our own investment or through some type of
foreclosure.
Forward-looking statements:
Statements in this press release relating to plans, strategies,
economic performance and trends, projections of results of specific
activities or investments, and other statements that are not
descriptions of historical facts may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Forward-looking information
is inherently subject to risks and uncertainties, and actual
results could differ materially from those currently anticipated
due to a number of factors, which include but are not limited to,
risk factors inherent in doing business. Forward-looking statements
may be identified by terms such as "may," "will," "should,"
"could," "expects," "plans," "intends," "anticipates," "believes,"
"estimates," "predicts," "forecasts," "potential," or "continue,"
or similar terms or the negative of these terms. Although we
believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements. The company has no
obligation to update these forward-looking statements.
For more information please contact:
Capital Financial Global, Inc.
Investor Relations
Tel: 888-801-9715
Email: ir@capfiglobal.com
www.capfiglobal.com
SOURCE Capital Financial Global, Inc.
