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FREMONT FINANCIAL PROVIDES $8 MILLION LINE OF CREDIT FOR COMMERCIAL SPORT FISHING YACHT MANUFACTURER

 LOS ANGELES, Oct. 21 /PRNewswire/ -- Fremont Financial Corp., a subsidiary of Fremont General Corp. (NYSE: FMT), today announced it has provided an $8 million line of credit for sport fishing and pleasure yacht manufacturer Bertram Yacht Inc. of Miami.
 The three-year credit line will be used for general working capital and to develop new product lines, according to Fremont' John Rosin, senior vice president in the firm's Atlanta office, which handled the transaction.
 Florida-based Bertram Yacht Inc. manufactures and markets 28-foot to 72-foot boats for sport fishing and pleasure boating throughout the world.
 "This will allow us to continue development of new products for Bertram so that we can remain one of the most premier yacht manufacturers in the world," said Bertram President John Adams.
 Founded in 1969, Fremont Financial Corp. is a leading asset-based lending institution serving commercial clients throughout the United States. Headquartered in Los Angeles, the firm has offices in New York, Chicago, Minneapolis, Atlanta, Cleveland, Detroit, Richmond, Va., and Charlotte, N.C.
 -0- 10/21/93
 /CONTACT: Robert N. Tenney, Fremont Financial Corp., 310-315-5550; or Keith Karpe of Pondel Parsons & Wilkinson, 310-207-9300/
 (FMT)


CO: Fremont Financial Corp.; Bertram Yacht Inc. ST: California, Georgia, Florida IN: FIN SU:

LS-LM -- LA004 -- 5025 10/21/93 09:30 EDT
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Publication:PR Newswire
Date:Oct 21, 1993
Words:210
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