Weight Loss Forever (NASDAQ:WLFI)
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Innovative Bank of California to Provide WLFI Financing
HEATHROW, Fla., May 14 /PRNewswire-FirstCall/ -- Weight Loss Forever
International, Inc. (BULLETIN BOARD: WLFI) announced today that Innovative
Bank of California has been chosen to provide SBA financing for licensees of
Tammy Phillips Fitness(R) Boot Camps LLC (TPF). The alliance will enable WLFI
to accept more applicants for TPF licensing agreements thereby expediting the
approval process while insuring quick receipt of all fees for WLFI.
"This is a great boost to the Tammy Phillips Fitness(R) expansion program.
Innovative Bank was first to recognize we had a hot business opportunity for
SBA loan business," stated Tim Murray, WLFI Director of Communications.
"Innovative Bank has the necessary state filings in place that allow expansion
in all markets we're targeting. We look forward to a long and mutually
prosperous banking relationship."
Speaking by phone from Ft. Walton Beach, Florida, Tammy Phillips, President and
founder said, "The volume of applications has surpassed even my hopes. People
everywhere really want to be part of this fitness program." The company's
current Florida expansion schedule includes Ft. Walton Beach, Panama City,
Pensacola, Jacksonville, Tallahassee and Gainesville. The expansion program
for TPF Boot Camps has attracted attention from as far away as Alberta, Canada.
A temporary website for http://www.tammyphillipsfitness.com/ has now been
posted to assist with group presentations to help facilitate the TPF expansion
program.
About Innovative Bank
Innovative Bank, http://www.innovativebank.com/, is an FDIC insured financial
institution specializing in providing financial solutions to small and mid-size
businesses. Innovative Bank is a fully automated Internet banking system
offering products such as Merchant Bankcards, "Preferred" SBA lending and
on-line checking.
About WLFI
Weight Loss Forever International is a franchise management Company currently
operating 44 clinics under four brands, Weight Loss Forever(R), Beverly Hills
Weight Loss & Wellness(R), Beverly Hills Nutritional Services(R) and Tammy
Phillips Fitness(R).
WLFI expects to have operations in twenty (20) new cities by summer's end.
For WLFI Franchising & Financial Information Contact:
Mr. Tim Murray at 1-866-244-9534 (WLFI)
or http://www.brokerelations.com/
http://www.beverlyhillsweightloss.com/NewsRel/php
http://www.tammyphillipsfitness.com/
This release may contain forward-looking statements that involve risks and
uncertainties, including without limitation, acceptance of the company's
products, increased levels of competition, product and technological changes,
the company's dependence upon financing and third-party suppliers, and other
risks detailed from time to time in the company's federal filings, annual
report, offering memorandum, or prospectus. Specifications are subject to
change without notice.
DATASOURCE: Weight Loss Forever International, Inc.
CONTACT: Tim Murray, 1-866-244-9534, , for WLFI
Web site: http://www.tammyphillipsfitness.com/
http://www.innovativebank.com/
http://www.brokerelations.com/
http://www.beverlyhillsweightloss.com/NewsRel/php