Creekridge Capital Announces Warehouse and Pool Facility Agreement with M&I Bank

Business Wire, Nov 20, 2006

MINNEAPOLIS -- Creekridge Capital, LLC, a nationwide independent equipment leasing provider with a focus on healthcare and technology, announced today that it has closed on an additional $30 million warehouse and pool facility agreement with M&I Bank.

The agreement with M&I adds to Creekridge Capital's growing base of institutional capital providers that help fund the company's flourishing vendor leasing business. The company has vendor leasing programs in place with more than 20 organizations in the healthcare and technology industries nationwide.

"Our creativity and willingness to structure aggressive vendor leasing flow programs helps enable our vendor partners to offer appealing lease programs to their customers," said Jeff Cowan, executive vice president, Creekridge Capital. "This agreement is good for everyone. It also demonstrates our stability and consistent access to capital."

Todd Senger, vice president of Commercial Banking, M&I Bank, said that M&I places great value on its relationship with Creekridge Capital. "We enjoy funding the finance industry, and believe we offer creative financing solutions," he said. "For Creekridge Capital, this agreement means they can spend less time on funding and more time on revenue producing activities; that's great for their business."

Creekridge Capital, LLC, founded in Minneapolis in 1986, is a provider of creative leasing solutions with special expertise in healthcare and technology. The company funds leases in the range of $50,000 to $10 million for its own account. More information is available at www.creekridgecapital.com