FinanceIt.ca announces exclusive partnership with HomeStars

TORONTO, Jan. 20 /CNW/ - FinanceIt.ca, Canada's new sales financing service from CommunityLend Inc., is the exclusive financing sponsor for HomeStars' Best of 2010 Awards.

HomeStars is a growing online community of homeowners and over 2 million home improvement companies throughout North America which offers a free service for homeowners to find reputable home improvement companies by searching its database. Homeowners write reviews based on their home improvement experiences - both good and bad. This builds a collective knowledge base that is invaluable in helping homeowners make better decisions on whom to hire.

Companies make the Best of 2010 list at Homestars based on the ratings and reviews from the homeowners that hired them in that year. The awards show recognizes these companies for their exemplary work and service in Toronto, Hamilton, Calgary, Vancouver, Edmonton and Ottawa.

"We are proud to be sponsoring the Best of 2010 Awards at HomeStars this year," said CEO of CommunityLend, Michael Garrity.  "Canadian home improvement companies work hard to keep their customers happy and to get referrals through HomeStars so they can grow their business. CommunityLend also helps these companies grow their business by helping to close more sales using sales financing, through FinanceIt.ca.  The alignment was perfect." 

In addition to sponsoring the Best of 2010 Awards, Financeit.ca will be announcing an exclusive contest for companies registered on both HomeStars and Financeit.ca in the coming weeks.

For more information on how to become a FinanceIt.ca partner, home improvement companies can apply online at http://www.financeit.ca.

About Financeit.ca
Financeit.ca is a sales financing tool for Canadian home renovation companies that provides instant financing application approvals, a convenient online interface for submitting and tracking financing applications, and simple loan terms with lower interest rates than credit cards.

About CommunityLend Inc
CommunityLend Inc. is an online loan marketplace which allows borrowers to connect directly with private lenders through open online loan auctions.  Called "game changing" by financial industry analysts, this new lending model permits direct investment by eligible investors in the personal lending market. CommunityLend Inc. is registered as a Portfolio Manager and an Exempt Market Dealer in the provinces of Ontario, British Columbia and Quebec.

SOURCE CommunityLend

For further information:

For Media Inquiries:

Casper Wong Vice President Business Development & Operations CommunityLend casper@communitylend.com Tel: 416 646 2177 x103