Complete Financial Solutions Provides Update on its Recent Expansion
30 April 2014 - 3:05AM
Business Wire
Complete Financial Solutions Inc. (OTC trading symbol “CFSU”)
announced that the assimilation and integration by ACMC of its new
Indiana-based underwriting and loan approval office has been
successfully completed. The new office now has 17 employees and in
its first full month as part of the consolidated operations of
Complete Financial Solutions Inc. will fund a minimum of 30
loans.
“We are very pleased with the smooth transition of our new
Indiana office," stated Allen Ringer, CEO. "This new addition is
expected to provide meaningful revenue growth beginning 2nd quarter
and should continue to increase our bottom line for quite some
time."
About CFSI
Complete Financial Solutions Inc. is an emerging financial
services company. Through its subsidiary companies, CFSI offers
mortgage origination and processing services in 26 states.
Acceptance Capital Mortgage Corporation (“ACMC”) is a HUD-approved
lender allowing ACMC to both bank and broker FHA loans. ACMC offers
a spectrum of mortgage products through a variety of correspondent
and broker relationships. Insurance Solutions Inc. offers
protection products to mortgage customers of ACMC and to the
general public. For more information, visit our website at
www.cfsi.biz.
This press release may contain forward-looking statements that
involve risks and uncertainties concerning our expected performance
and comments within the safe harbor provisions established under
The Private Securities Litigation Reform Act of 1995. Actual
results may differ materially from the results predicted and
reported results should not be considered as an indication of our
future performance. We believe that these potential risks and
uncertainties include, without limitation: uncertainty regarding
our future revenue growth, operating results and profitability; our
business being dependent on the health of the mortgage industry;
and the effect of industry restructuring, higher interest rates or
adverse economic conditions. Statements in this release should be
evaluated in light of these factors. These risk factors and other
important factors that could affect our business and financial
results are discussed in our periodic reports and postings with the
OTC Disclosure and News Service, which are available at
www.otcmarkets.com. CFSI undertakes no duty to update or revise any
forward-looking statements.
Complete Financial Solutions Inc.Allen Ringer,
509-462-9236CEOaringer@cfsi.bizorInvestor RelationsRich Inza,
954-251-0616rinza@cfsi.biz
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