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HOUSTON, TEXAS -- April 18, 2006 -- (PRIMEZONE News)
CSI Business Finance, Inc. (Stock Symbol: NNTN) announced today the funding of a bridge loan to Sentry Power, LLC. Alternative energy company, Power Technology (Stock Symbol: PWTC) signed definitive documents for the acquisition last week and is expected to close on the acquisition during the next thirty days.
Turnaround Partners, Inc. (OTCBB Stock Symbol: TRNP) subsidiary, Corporate Strategies, advised on the transaction.
CSI Business Finance CEO, Tim Connolly commented, ``We believe that Sentry and Power Technology will be a terrific combination of alternative energy technology and sales to an existing customer base. We are pleased to provide the financing to accommodate the closing of their transaction and look forward to facilitating their progress and growth in the coming years.''
About CSI Business Finance, Inc. -- CSI Business Finance provides equipment leasing, factoring, purchase order financing, notes receivable purchasing and other forms of secured business lending to micro-cap public and private companies throughout the United States.
