SALT LAKE CITY, July 19, 2012 /PRNewswire/ -- Capital
Financial Global, Inc. (OTC:CFGX), formally announced today that it
has successfully launched its new residential real estate hard
money lending division.
"I'm pleased to let shareholders know we have all the pieces now
in place and have launched our residential hard money lending
program," said Mr. Paul Norat, CEO
of Capital Financial Global, Inc. "We are lucky to have Mr.
Heath Markovetz to head the division
for us and believe, with his leadership, this will be an extremely
important profit center for the Company this year."
"This brings all four of our lending segments into action--our
Commercial Real Estate, Residential Real Estate, Insurance Based
Lending, and Mining & Precious Metals Lending. We will
continue to develop these areas of our business aggressively and
expect to see significant financial results soon."
The announcement comes as a follow-up to the Company's press
release on June 20, 2012 regarding
its new "Hard Money Lending Syndicate, Expansion of One-Off Lending
Capacity" found at:
http://finance.yahoo.com/news/capital-financial-global-announces-formation-210400266.html
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.