Expetec Announces In-house Financing Program For New Franchisees

ABERDEEN, SOUTH DAKOTA (Thursday, March 13, 2003) - Expetec CEO, Lonnie Helgerson, CFE announced today a new in-house financing program for individuals wanting to purchase an Expetec franchise.
Mr. Helgerson, stated "The program is actually fairly simple, all prospective franchisees have to do is fill out a confidential questionnaire that is included in their initial information packet, submit it to our sales department, and if they meet our credit criteria, they are instantly approved."

The new financing program covers the entire initial franchise fees, and initial equipment. Starting soon, new franchisees will be able to purchase their service van through the program as well.

"We are getting a tremendous response to our new financing program and are excited to be able to help people realize their dream of owning their own business." Mr. Helgerson stated.

Expetec is the leading participant in the International Franchise Associations VetFran program which grants discounts to veterans wishing to get into their own business. The in-house Expetec finance program recognizes the VetFran discount.

About Expetec

Expetec Technology Services offers on-site, high-level technology services to commercial and consumer customers. Through the Expetec Business Builder (EB2) System, Expetec franchisees offer computer break/fix, business phone systems, retail information systems (POS), Web Services, VAR services, networking, and outsourced IT services. Expetec has 59 locations in 29 states and two countries, Mexico and Puerto Rico.

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