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Market Wire - Payday Loan and Check-Cashing Leader Cash Now Offering Financing on Premium Autos for Those With Credit Challenges

Cash Now Corporation (OTC: CHNW), a pioneer and continuing leader in the payday loan and check-cashing industry, today announced it has secured relationships with automobile dealerships and banks to help those who are credit-challenged buy the car of their dreams.

"We know what it's like for people facing significant credit issues," said Kevin Price, Cash Now's president. "We're able to help people in that situation every day with our core business of payday loans and check cashing. So moving into offering automobile loans to those with credit challenges is a natural evolution for us, and we believe there is a strong market for it."

To make this financing available Cash Now has secured relationships with several banks and two automobile dealers, one in south Florida and the other in southern Ontario. The dealers offer a wide range of top automotive brands. Cars purchased through the program can be shipped anywhere in the continental U.S. for only $595. Shipping anywhere in Canada is only $995. Available brands include Acura, Audi, BMW, Cadillac, Chevrolet, Ford, Honda, Infinity, Jaguar, Lexus, Mazda, Mercedes Benz, Volvo and others.

"The idea is to offer 'built-in' financing at competitive rates," said Price. "We work with some of the most aggressive lenders in the car finance industry. These are people who understand what can happen in life sometimes and we're seeing an approval rate of about 95 percent. This is the answer for people who need a car but can't get conventional financing -- and who doesn't need a car these days?"

The process is simple. Those who are interested in obtaining financing simply apply through Cash Now. Once the loan is approved, Cash Now puts them in touch with the appropriate dealer -- and they select their dream car.

Price said applying for a loan is as easy as visiting the Cash Now Web site at www.cashnow.com or calling toll-free at 1-866-763-2274 (CASH).

CASH NOW BACKGROUND

Cash Now Corporation is a pioneer in the payday loan industry, and is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. The company's proven business model includes licensing to corporately operated joint venture locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike -- as well as the ability to complete payday loans online, via a phone call or in person.

Cash Now offers a payday loan license program, Payday Express; a payday loan and check-cashing license known as Check Express; and a host of related financial services for small and medium-size businesses. Profit Guide magazine recently ranked the Cash Now Group 10th in its list of the 50 fastest growing and most promising emerging companies.

Safe Harbor Statement

Information in this press release contains "forward-looking statements." Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the United States Securities and Exchange Commission and other regulatory authorities.

For more information about CASH NOW CORPORATION and opportunities associated with Cash Now see http://www.cashnow.com

Contact: Cash Now Corporation Toll Free: 1-866-778-2996 info@cashnow.com


 
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