Medical Newswire

Medical Newswire!

Medicine, Healthcare, Medical Research, Hospitals, Management
Press release distribution service
Home | Medical-Newswire.Com:

Windstone Capital Partners, Inc. completes secured financing for Par 3 Management, LLC

(EMAILWIRE.COM, March 29, 2007 ) Scottsdale, Arizona - Windstone Capital Partners, Inc., announced today that it completed a secured financing capital round for Par 3 Management LLC (dba: Friendship Finance), a sub-prime lender doing business in Arizona since 1999. The financing was provided in the form of a secured note. Par 3 Management, LLC will use these funds primarily to expand its portfolio of vehicle title loans which is an emerging market for it and other sub-prime lenders in Arizona.Michael C. Reynolds, Par 3 Management’s CEO stated, “The Windstone Capital team did an outstanding job in preparing me and my team for this capital raise.” He noted: “This was our first time raising a significant amount of capital from outside sources and we went into it with some trepidation. The Windstone team introduced us to the appropriate capital sources interested in our type of business; plus made sure we were fully prepared to address the lenders’ issues and concerns. I have no doubt this is why we were successful in this initial effort. Our success in this endeavor solidifies my decision to continue using Windstone as our financial advisor as the Company explores additional debt and equity capital options to expand the business.”Windstone Capital’s Senior Managing Partner, Norman E. Clarke stated, “Our team, lead by Kevin Loud, the firm’s other Senior Managing Partner, worked closely with Michael and his management to facilitate a smooth, quick and decisive financing and one that the client believes is fair and equitable.”Mr. Loud added: “The operating objectives we have in advising Par 3 Management are the same as we apply to all our clients’ capital needs, whether the capital to be raised is debt or equity. We know that in today’s fast paced economy, windows of opportunity for small to mid sized business, our target markets, not only open very quickly but can close just as fast. Windstone Capital’s obligation is to get our clients to market quickly and efficiently in turn effectively helping them to obtain the funds they need to fully capitalize on their windows of opportunity.” Par 3 Management, LLC is an Arizona licensed sub prime lender specializing in payday advances and the rapidly growing area of vehicle title loans. Currently the Company has a network of eight locations composed of both wholly owned and affiliated stores located in smaller communities within the state. Par 3 Management, doing business under the name of “Friendship Finance” recently launched an aggressive vehicle title lending program with the funds being provided through the assistance of Windstone Capital Partners. The Company is now embarking on an expansion program to open a number of free standing stores at locations throughout the Southwestern U.S. while also increasing the volume of loan and payday activities at existing locations. Windstone Capital Partners is also providing help in these endeavors.Windstone Capital Partners, Inc. is a Scottsdale based, merchant banking and financial advisory firm. The firm’s services include venture capital and private equity syndication as well as direct investments for early and mid-sized technology companies nationally and in the Southwest. Windstone’s partners and principals both individually and collectively have handled over $1 billion in capital market transactions.Disclaimer: Safe Harbor Statement, as cautionary note to investors, certain matters discussed in this document may contain forward looking statements within the meaning of the Private Securities Litigation reform Act of 1995. Statements are based solely on information supplied from Par 3 Management, LLC (dba Friendship Finance) and do not represent an endorsement of the company by Windstone Capital Partners, Inc. or its affiliates. Contact: Norman E. Clarke, Windstone Capital Partners, Inc. / 602-224-2400 / www.windstonecapital.com###This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to http://www.emailwire.com.


Par 3 Management
Norman Clarke

nec@windstonecapital.com

Source: EmailWire.com


Medical Resources
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Healthcare resource center today to browse our selection of 600+ complimentary Healthcare magazines, white papers, webinars, podcasts, and more. Get popular titles including:

Eyecare Business
Medical Laboratory Observer
FierceHealthcare

No credit cards, coupons, or promo codes required. Try it today!

Medical Sponsors

Health News


Pharmanewswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com. CityRegions.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © 2012 GroupWeb Media LLC. All Rights Reserved.


GroupWeb Media Network
AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
| InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
Medical-Newswire.com - Medicl Newswire and Press Release service of GroupWeb Media LLC