Ridge Capital Group Announces Vice President

Business Wire,  June 17, 2008  

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Jimmy Trujillo Promoted From Marketing Director

SAN DIEGO -- As the size of its business continues to grow and its hybrid premium-finance loan program gains additional acceptance among insurance carriers, Ridge Capital Group is pleased to announce the promotion of Jimmy Trujillo to vice president.

Trujillo, who formerly served as the company's marketing director, has been tapped to manage and streamline day-to-day operations, cultivate and sustain distribution relationships, and maintain and promote insurance carrier relationships. Additionally, he will use his experience to expand the distribution of Ridge Capital Group's product lines and develop new products to meet consumer, producer and insurance carrier demands.

For the past three years, Trujillo has been heavily involved in the development and implementation of the Ridge Capital Group loan program and associated premium-lending processes. In addition, he has been a driving force behind the success of Ridge Capital's business model that matches institutional-backed capital with loan programs that meet insurance carrier parameters and the needs of insured.

Ridge Capital has not experienced any interruptions in its capital funding or decline in business flow in spite of the turbulent economy. To the contrary, Ridge Capital Group has seen its business increase significantly in recent months after receiving acceptance of its programs by a number of insurance carriers, and as a result, has adjusted its procedures to make the loan underwriting and approval processes as efficient as possible.

Trujillo's increased responsibilities position Ridge Capital to continue to advance in the premium-finance marketplace, and, according to Trujillo, he looks forward to providing customers with the highest quality products and customer service that the industry has to offer.

For more information about Ridge Capital Group or to find out how Ridge Capital's world-class team of life insurance premium-finance experts can help advance your goals, please contact Trujillo at 858/427-4978 or via e-mail at info@ridgecapitalgroup.com. Additional information can also be found by visiting www.ridgecapitalgroup.com.

Ridge Capital Group originates premium finance loans on life-insurance contracts for high-net-worth individuals. Ridge Capital Group's management and staff consist of individuals with significant experience in insurance, premium finance, and insurance-related capital-market transactions.

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