Crelogix continues its growth establishing a strong national Canadian
presence

BURNABY, BC, June 17 /CNW/ - The economic crisis that arrived in 2008 precipitated a retreat from the market of many well established finance providers. Prominent financiers have, one by one announced Canadian branch closures and in some cases the shuttering of entire Canadian finance organizations. During this period Crelogix has not only survived but prospered and grown by providing Canadian consumer marketing and sales organizations a stable well funded financial partner who is committed to the Canadian market.

"Crelogix is a Canadian company, providing Canadian business owners with superior financial services." Said Joseph Kharshoum, Director of Marketing for Crelogix Acceptance Corporation. "Since 1974 Crelogix has been providing ongoing consumer finance funding to business owners across Canada who are active in the sales and marketing of consumer durables, automotive aftermarket, healthcare, home improvement, membership, tuition, power products and vacation ownership goods or services."

Crelogix team of professionals possess the demonstrated industry knowledge providing over 5,000 business owners the ability to minimize revenue reductions from potential customers during their transition to Crelogix from previous funders.

"Access to a capital to enable consumer financing has become a critical ingredient for continued revenue growth for many Canadian businesses and we are proud to continue to ensure our clients have the financial and technological resources to prosper through the most recent recession." Said Joseph Kharshoum, Director of Marketing for Crelogix Acceptance Corporation.

About Crelogix: Crelogix is a non-bank Canadian financial services organization. Crelogix supports over 5,000 Canadian business clients in all provinces and both official languages. Since 1974 Crelogix has been acquiring and or providing ongoing funding, receivables management, third party servicing, collection, advisory, and related services to providers of consumer products and or services in the, automotive aftermarket, consumer durables, healthcare, home improvement, membership, tuition, power products and vacation ownership sectors.

MyCrelogix.com is a proprietary internet based automated credit adjudication and loan or lease document processing system. MyCrelogix.com provides our clients with real-time payment calculation, credit grading, contract compliance, funding status and ongoing portfolio reporting. For more information go to www.crelogix.com

SOURCE CRELOGIX ACCEPTANCE

For further information: For further information: Media Contacts: Hugh Irvine, Director of Communications, Crelogix Acceptance Corporation, hirvine@crelogix.com; Joseph Kharshoum, Director of Marketing, Crelogix Acceptance Corporation, jkharshoum@crelogix.com

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CRELOGIX ACCEPTANCE

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