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Corporate Profile for The Lloyd Andersen Group of Companies Inc, dated Friday, Sept. 19, 1997.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   Friday, Sept. 19, 1997

Company Name:     The LLoyd Andersen Group of Companies Inc.

Address:          Six Hutton Centre Drive
                  Santa Ana, Calif. 92707

Main Telephone
 Number:          714/755-6752

Internet Home
 Page Address
  (URL)           --

Chief Executive
 Officer:         Lloyd R. Andersen

Chief Financial
 Officer:         Paul Gate

Investor Relations
 Contact:         --
 Business number: --
 Home number:     --
 e-mail address:  --

Public Relations
 Contact:         Keith Tuber
 Business number: 714/755-6770
 Home number:     --
 e-mail address:  --

Trading Symbol/
 Exchange:        --

Industry:         Automotive Aftermarket, Finance and Training
                  School

Market Makers:    --





Company description: The Lloyd Andersen Group of Companies Inc. provides training, financing, extended service contracts, credit insurance products, vehicle anti-theft devices and other automotive F&I-related products and services to new car franchised dealers. The company is based in Santa Ana Santa Ana, city, El Salvador
Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region.
, Calif. and boasts 130 employees. President and Chief Executive Officer Lloyd R. Andersen founded the company more than 23 years ago. Among the companies in the group are:

-- AJ Acceptance Corp., which specializes in the origination Origination

The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property.

Notes:
Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real
 or purchase of conditional installment sale Installment sale

The sale of an asset in exchange for a specified series of payments (the installments).


installment sale

A sale in which the buyer is scheduled to make a series of payments over a period of time.
 contracts on new and used automobiles for substandard substandard,
adj below an acceptable level of performance.
 borrowers using its own computer-controlled underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 criteria.

-- Prospective Technologics, which developed and markets Invisigraphic, a patented vehicle indentification product that provides cost-effective security. Invisigraphic is backed by a $2,500 guarantee against a protected vehicle's total loss.

-- The College of Automotive Management, the only automotive Finance and Insurance management school licensed and certified See certification.  by the California Council for Private Postsecondary and Vocational Education vocational education, training designed to advance individuals' general proficiency, especially in relation to their present or future occupations. The term does not normally include training for the professions. .

The College of Automotive Management is helping mold the future of the industry by educating the next generation of automotive professionals. Classes range from half-day specialized clinics to a comprehensive six-week F&I Management course. This course can earn students up to 28 units of credit at the prestigious Northwood University Northwood University is a private university, with locations in many U.S. states. Northwood hosts three residential campuses in Midland, Michigan (opened in 1959), West Palm Beach, Florida (opened in 1984), and Cedar Hill, Texas (opened in 1966) as well as the University College .

CONTACT: The Lloyd Andersen Group of Companies Inc.
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 19, 1997
Words:334
Previous Article:Corporate Profile for Pixels, dated Sept. 15, 1997.
Next Article:Corporate Profile for Rockford Industries Inc., dated Sept. 19, 1997.
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