NEWS AND PRESS RELEASES

Exton’s Smart Business Credit Makes the PHILADELPHIA 100® As One of the
Region’s Fastest Growing Privately-held Companies

Exton, PA, October 2007 – Jim Guarino is pleased to announce that Smart Business Credit has been recognized as one of the fastest growing, privately held companies in the ten counties of the Philadelphia region for the second year in a row! Last year’s Philadelphia 100® had an average $9.7 million in sales revenue and are creating jobs for the region as well, averaging 103 employees. Forty-eight companies on the list were repeat winners with 9 of those recognized 3 or more times. The technology sector leads the list with 23 winners followed by Consulting and Healthcare. Eleven companies are bringing manufacturing back in style in Philadelphia.

For two consecutive years, Smart Business Credit has placed in the Philadelphia 100 – due to their continuing growth and success. With the recent launch of their sister company, US Funding Services, LLC, they are now a financial intermediary, which can provide alternative funding solutions. Smart Business Credit understands that financing is only part of the picture, and that each individual client has specific needs. As a result, they can offer a wide array of options and a desire to develop a solution that is custom tailored to your specific needs. Smart Business Credit’s top priority is to build mutually-beneficial relationships with their clients. Smart has consistently gone above and beyond what you would normally expect from a finance company.

The 2007 Philadelphia 100® marks the 19th Anniversary of the founding of this prestigious research project and event. Smart Business Credit will be honored at The 2007 Philadelphia 100® Awards Dinner and Ceremony, held on October 25, 2007 at The Sheraton Philadelphia – Center City at 17th and Race Streets from 5:30 to 9 pm. This year’s event is hosted by the Entrepreneurs Forum of Greater Philadelphia, Wharton Small Business Development Center (Wharton SBDC) and the Philadelphia Business Journal. The event is sponsored by Gold Sponsor -- Reed Smith, Silver Sponsors -- Sabre Systems, Republic First Bank and Philadelphia Business Journal, and Bronze Sponsors – CBIZ, Citibank, Flaster/Greenberg, Rome Technology Ltd, Synnestvedt & Lechner LLP, Citibank and Verizon Wireless.

The Philadelphia 100® was founded in 1988 to publicly identify, recognize and promote young successful companies in the Greater Philadelphia region. Previously recognized companies include NovaCare, Forman Mills, ATX, Mothers Work, Sabre Systems, Urban Outfitters and Kremer Laser Eye Center, Eggland’s Best and NeatReceipts among many others. The Philadelphia 100® is a meritorious designation based on verifiable revenue growth as reported on federal tax forms or audited financial statements. The Philadelphia 100® is a registered trademark of the Entrepreneurs’ Forum of Greater Philadelphia, Philadelphia Business Journal and The Wharton Small Business Development Center. For more information about the Philadelphia 100®, please visit the website at www.Philadelphia100.com.

Smart Business Credit is an industry leader in providing financial solutions to businesses looking to acquire new or used equipment necessary for growth. They service a wide variety of industries including construction, medical, telecommunications, technology, and health & fitness. They provide prompt and accurate service to all of their clients, and in all cases clients are able to focus on what is important… their business.

Smart Business Credit’s End of 2006 Tax Tips

With IRS Section 179 you can:

  • Save tax dollars!
  • Write off your equipment!
  • Deduct taxable income!

Under IRS Section 179, equipment purchases of up to $108,000 can be deducted from taxable income.  Finance leases ($1.00 buyout) qualify for this deduction in their year of inception.  For example, if you purchase or lease a piece of equipment for $45,000 and install it in 2006, you are eligible to take a $45,000 tax deduction in the respective year.  Contact your tax advisor for specific information regarding IRS Section 179 and all accounting procedures.

Exton’s Smart Business Credit Makes the PHILADELPHIA 100® As One of the
Region’s Fastest Growing Privately-held Companies

Exton, Pennsylvania, 2006 – Jim Guarino is pleased to announce that Smart Business Credit has been recognized as one of the fastest growing, privately held companies in the ten county Philadelphia region. This year’s Philadelphia 100 had a very high bar as the two-year growth rate of the lowest ranked company on the list exceeded 80%, one of the highest in the history of this program.

The 2006 Philadelphia 100 marks the 18th Anniversary of the founding of this prestigious research project and event. Smart Business Credit will be honored at The 2006 Philadelphia 100 Awards Dinner and Ceremony, held on October 24, 2006 at The Sheraton Philadelphia – Center City at 17th and Race Streets from 5:30 to 9 pm. This year’s event is being sponsored by Reed Smith, The Philadelphia Business Journal, Sabre Systems, National Penn Bank, Wachovia Bank, CBIZ, Flaster/Greenberg, Republic First Bank and Stream Companies.

The Philadelphia 100 was founded in 1988 to publicly identify, recognize and promote young successful companies in the Greater Philadelphia region. Previously recognized companies include NovaCare, Forman Mills, ATX, Mothers Work, Diamond Transportation, West Coast Video, Spectacor, Urban Outfitters and Kremer Laser Eye Center, among many others. The Philadelphia 100 is a registered trademark of the Entrepreneurs’ Forum of Greater Philadelphia, the Philadelphia Business Journal and the Wharton Small Business Development Center. For more information about the Philadelphia 100, please visit the website at www.Philadelphia100.com.

Smart Business Credit is an industry leader in providing financing solutions to businesses looking to acquire new or used equipment necessary for growth. They service a wide variety of industries including construction, medical, telecommunications, food service and health & fitness. They provide prompt and accurate service to all of their clients and in most cases they can respond within only a few hours. As a result, their customers are able to focus on what is important… their business. For more information visit www.smartbusinesscredit.com or www.usfundingservices.net.

Strategic Allience with Proxibid - June 28, 2005
Smart Business Credit is proud to announce a strategic alliance with ProxiBid, the nations fastest growing online bidding resource. Prior to now, bidders through ProxiBid had to obtain a separate bank 'Letter of Credit' for each auction. Now, through Smart Business Credit's pre-approval process, bidders can be approved for lines of credit for ninety days at a time. These lines start at $10,000 and go up to $150,000 with a simple application. The approvals are valid at a growing number of auctions and dealers around the country.*

CEO Bruce Hoberman of ProxiBid says "We are committed to providing the auction industry with cutting-edge technology and will continually assess the wants and needs of auction companies, auctioneers and their customers. Our goal is to create innovative and advanced web applications to meet the demanding requirements of the industry. We are dedicated to providing the highest level of reliability, service and support to our clients."

Smart Business Credit's Auction finance specialist Chris Teter says, "This makes a lot of sense, auction bidders are the ultimate multitaskers, frequently they are the operators of the equipment they buy as well as the companies chief decision makers. Not only do we provide fast responses this system will enable buyers to manage cash flow with affordable payments through our equipment lease program." Apply now, Chris Teter is your account rep.

Just look at what ProxiBid offers!
Live Real-Time Bidding

As a Proxibid customer, you can use your computer to participate in an auction from the comfort of your home or office. All bids are relayed over the Internet in real time, allowing you to bid with the same confidence as if you were attending the live auction.

Auto Bidding
When you cannot attend an auction in person—or simply do not have an opportunity to bid live using your computer—you may leave a proxy bid via our dynamic auction system. Your bid is automatically represented up to your maximum bid amount, using increments that the auctioneer has set prior to the live auction. Your anonymity and security are assured, and let you place a bid even when you cannot attend the sale. Our auto-bid feature is a convenient way to leave your proxy bids once the auction has been posted live for previewing.

E-mail Notification
When you place a proxy bid on an item prior to the sale going live, your bid is recorded and stored in the ProxiBid database. If your proxy bid is outbid by another bidder, our dynamic auction system automatically notifies you via e-mail that you are no longer in the lead for the item being sold. The e-mail will include a hyperlink to take you directly to the lot in question and allow you to quickly submit another bid for that particular lot.

On Site Condition Reports
The ProxiBid dynamic auction system gives auctioneers the ability to offer on-site condition reports to interested bidders who may require additional information not included in the online description.

Live Website Support
Although the ProxiBid dynamic auction system is designed to be used and supported by each auction house, questions or comments may arise from time to time. We are pleased to offer free, online technical support for both the auction house and the online bidder.

Auction list hyperlink
Benefits of leasing hyperlink
Processing your transaction hyperlink

*Approvals through Smart Business Credit are for businesses only and are to be applied to equipment that the business will keep and use. Resellers of equipment should apply for an unsecured credit line. Contact Chris Teter at 610-960-9259 for details. Auction houses may apply for this program at http://www.smartbusinesscredit.com/vendors.asp


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