VentureNet Capital Group, Inc. Announces Expansion of Its Financial Services for Public and Private Companies
Posted on: Wednesday, 9 November 2005, 03:00 CST
VentureNet Capital Group, Inc. (Pink Sheets:VNTN) is pleased to announce that it has expanded the range of financial services it can offer to help public and private companies with their working capital requirements.
In addition to its recently announced restricted stock loan program, VentureNet Capital Group can now help arrange commercial accounts receivable financing with a minimum of $50,000.00 per month, equipment leasing from $10,000-$75,000.00 with application and invoice only, and purchase order financing with a minimum of $50,000.00.
A company spokesman remarked that with these additional financial services, VentureNet Capital Group can help arrange a variety of financial packages to assist companies with all of their working capital needs. In addition, shareholders of public companies can obtain cash without selling their stock when they pledge their shares as collateral for a stock loan.
About VNTN
VentureNet Capital Group, Inc. is a management company that provides marketing and consulting services to public companies. Our clients are offered expertise in areas such as promotional, publicity, sales promotions and management consulting. We specialize in helping with funding public businesses that represent emerging growth opportunities as well as established companies that demonstrate potential for long-term capital growth.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, further events or otherwise.
Source: Business Wire
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