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Tuesday, July 08, 2008 9:33:29 AM
Expert Group, Inc. Expansion and Corporate Update
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Expert Group, Inc. Expansion and Corporate Update
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July 8, 2008 9:00 AM EDT
MIAMI, FL -- (MARKET WIRE) -- 07/08/08 -- Expert Group Inc. (PINKSHEETS: EXPT), www.ExpertFinancing.net, begins July 2008 operations with the announcement of the acquisition of Bache Leasing Inc. and that for the first week of July 2008 the company will be closing over 1.5 million in originations.
Expert Group, Inc., with the acquisition of Bache Leasing, is now entering the lucrative world of Auto Financing and Leasing as we position ourselves as a diversified financial company it has been very clear to us that we need to be involved in automotive financing and with over 24 years of experience and 20 million in gross sales for 2007 Bache becomes the perfect candidate for an acquisition; the purchase is an all cash deal being funded by the company and its management.
On other company updates, The Company is currently expanding its broker base on the Mortgage Banking side and will continue to do so.
Our Expansion Plan is once we reach 50 loan officers in our North Miami Beach Office we will be opening our 2nd Location 3 miles away in the Bal Harbor, FL. We project to Reach 100 Loan Originators by Year End 2008.
We will be adding Title Insurance and Escrow by the 4th Quarter of 2008 through Expert Group Title Services Inc.
We continue to market our Credit Restoration products through Expert Credit Fix U.S.A, Inc. The company was formed to assist our client in obtaining a better credit rating in order to acquire a loan at low rates and is now available nationally to everyone who needs assistance in repairing their credit.
And will now be offering Tailored Automotive Leasing through our portfolio of companies.
Please visit our website at www.expertfinancing.net
www.bache4cars.com
www.expertcreditfixusa.com
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