REDONDO BEACH, CA--(Marketwire - Jan 28, 2013) - Loans4Less.com, Inc. (
Steven M. Hershman, Chairman & President, stated, "Our main focus this year is to expand the Loans4Less.com platform into additional states. Loans4Less is proceeding with a financial audit which we believe will add credibility and establish a more transparent foundation for us to raise capital. The Company is profitable; however, increasing investor interest is anticipated to accelerate the implementation of our growth initiatives."
Loans4Less.com has recently added an automated Guaranteed Closing Cost Calculator feature to help consumers view their respective non-recurring closing costs as associated with various specific interest rate choices. The Company's web development team is working towards adding additional functionality to this mortgage borrower friendly platform.
Loans4Less.com, Inc. (www.loans4less.com) is a publicly traded online mortgage loan brokerage focused on becoming a national loan origination platform for standard "A" paper conforming residential mortgage programs. Loans4Less.com maintains an A+ TrustLink rating with the Better Business Bureau; provides very competitive rates, terms & costs, daily rate updates, and other market information; and prides itself on excellent and honest service. Loans4Less.com does not operate a warehouse line of credit, hold trust funds, lend directly or service loans and is not exposed to the risks and/or problems associated with Sub-Prime or Alt "A" lending. Loans4Less.com relies on various wholesale lenders for its retail home loan programs. The main focus is to rapidly grow gross revenues via smart and cost effective advertising, expand into other States that effectively build the Loans4Less brand name in order to maximize shareholder values.
For more information please contact Chairman & President Steven M. Hershman at www.loans4less.com or (310) 540-0157.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in our annual report and/or other releases made by us. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Loans4Less.com, Inc. undertakes no obligation to update such statements.