Released on: February 17, 2008, 12:59 pm

Press Release Author: CARFCO - Car Repair Financing Co. has announced its
grand-opening. It will begin providing financial solutions to customers throughout
Canada (with the exception of Quebec) beginning on February 18, 2008. The company is
also positioned to begin providing

Industry: Automotive

Press Release Summary: Car Repair Financing Company announces its grand-opening,
filling a void in the car repair industry.

Press Release Body: CARFCO - Car Repair Financing Co. has announced its
grand-opening. It will begin providing financial solutions to customers throughout
Canada (with the exception of Quebec) beginning on February 18, 2008. The company is
also positioned to begin providing service in a number of U.S. states in 2008.
CARFCO's mission is to provide a solution to both vehicle repairers, who lose money
by turning away customers who can't afford the cost of automobile repairs, and their
customers, by offering car repair loans that enable them to fix their vehicles and
get back on the road.

"Car service centers are losing money every day because their clients can't afford
to pay for large repairs." explained CARFCO CEO Martin Lander, "For many people
their car is their livelihood, or their only feasible way to get to work. If they
can't afford to pay for repairs, they can't get to work. We offer a valuable and
much needed solution to these problems."

CARFCO is making their service even more attractive to car repair centers that
register for the program by offering them a 2% bonus on the total of each vehicle
repair loan that is financed through CARFCO. "Not only do service centers benefit by
being able to offer their services to more clients, they are also profiting because
they are being paid by CARFCO for the clients they refer." explained Landers. In
essence, CARFCO allows service centers to offer customers vehicle repair financing.

CARFCO's service will be particularly valuable to truckers and other commercial
driver's for whom their vehicle is their primary source of revenue. A repair costing
thousands of dollars for commercial vehicle drivers that would normally be an
incredible financial setback can now be broken into smaller, more affordable monthly
payments. As well, repairs can be carried out immediately, meaning less down time.

The company boasts an incredibly high approval rating because they approve loans
based on the applicant's assets, not on their credit history. This allows for even
those with poor credit ratings, and even bankruptcies on their records to get the
financing they need to get their vehicle back on the road. CARFCO also pride
themselves on getting their customers back on the road as quickly and easily as
possible, approving loans within 24 hours. "There are no appointments or meetings
with bankers. It's simple, all our clients have to do visit our website to apply."
continued Landers. "Repairers will have applications that their customers will
complete and fax to us and once approved, the funds will be sent within 24 hours.
It's a win-win situation for all. Repairers will increase their profitability,
while customers will be able to keep their cars on the road."

CARFCO offers online applications for vehicle owners and online registrations for
vehicle repairers interested in offering financing. They can be found on the web at:
http://www.carfco.com.

Web Site: http://www.carfco.com

Contact Details: Molly Landers
info@carfco.com
1-877-787-1682
5655 Parc Ave, Suite 308
Montreal, Quebec H2V 4H2, Canada