DataMerge Announces Financing Sources Databank Version 7.0.DENVER--(BUSINESS WIRE)--March 27, 1998-- Bankrolling the Unbankable: Businesses Find Answers in Database of Alternative Lending Sources DataMerge, Inc., a Denver-based developer of software and information for companies seeking financing, today announced the release of Financing Sources Databank Version 7.0, a CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). database of alternative lenders and equity investors for small businesses that cannot secure traditional bank financing. Financing Sources Databank 7.0 profiles thousands of lenders who provide financing based on non-traditional and less stringent qualifications. It lets users search beyond their local lenders and access information on lenders across the country who may offer better rates, terms and lower fees. The software prompts users to enter information in five areas: type of lender, type of financing, amount of financing, industry, and geographical location. The program uses that information to search the Databank and select a list of lenders "most likely" to finance the user's business. Version 7.0 improvements include a "cleaned" database of 10,000 lenders and investors, enhanced lender profiles, a focus on "insider In the context of federal regulation of the purchase and sale of Securities, anyone who has knowledge of facts not available to the general public. Insider information " information, and expanded help files and knowledgebase. Financing Sources Databank 7.0 is available in three versions: Entrepreneur entrepreneur (än'trəprənûr`) [Fr.,=one who undertakes], person who assumes the organization, management, and risks of a business enterprise. ($189), which features 4,000 small business lenders for projects of $20,000 or more; Professional ($549), which features 10,000 lenders spanning all major categories of debt, equity and specialty financing; and Professional Real Estate ($699), which features 10,000 sources plus expanded search capabilities for commercial real estate users. All versions support Windows 95 and Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. . Privately-held DataMerge was founded in 1989 by Spencer Spencer, city (1990 pop. 11,066), seat of Clay co., NW Iowa, on the Little Sioux River; inc. 1880. The city lies in a fertile farm area. Beef is processed, and Spencer's manufactures include work clothes, machinery, prefabricated buildings, and metal products. Kluesner, a former securities advisor who today serves as chief executive officer of the 26-person company. DataMerge's products, which include "how to" manuals, electronic directories and financial software, are sold directly to customers in the North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). and Asia. Additional information can be obtained at DataMerge's website: www.datamerge.com. -0- Note to Editors: All company, product and brand names are the property of their respective owner. CONTACT: Peter Masi, 303/399-6031 MasiPR@aol.com America Online's Internet domain address. When sending e-mail to an AOL subscriber via the Internet, the aol.com is the last part of the address; for example: jjones@aol.com. |
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