Carfinco Increases Senior Credit Facility to $180 Million

EDMONTON, Nov. 5, 2012 /CNW/ - Carfinco Financial Group Inc. ("Carfinco" or 
the "Company"), today announced that its senior credit facility has been 
increased to $180 million from the previous limit of $130 million. 
The banking syndicate remains the same with Bank of America, N.A., Bank of 
Montreal and Wells Fargo Financial Corporation Canada providing the credit. 
The expiry of the agreement with the syndicate is extended to November 5, 
2014. The interest rate and financial leverage remain unchanged. 
"We look forward to the continued relationship with our banking syndicate," 
stated Tracy Graf, CEO of Carfinco. "The $50 million increase in the facility 
gives us the access to capital needed to achieve our targeted growth of 
approximately 20% per year." 
About Carfinco Financial Group Inc. 
Carfinco focuses on providing consumer vehicle loans to borrowers unable to 
obtain financing through traditional lending sources. A network of select 
independent and franchise dealerships offer Carfinco's payment plan to their 
customers who must, along with the vehicle, meet Carfinco's underwriting 
guidelines. The shares of the Company trade on The Toronto Stock Exchange 
under the symbol "CFN". 
Caution Regarding Forward-Looking Statements - This news release contains 
certain forward-looking statements, including statements regarding the 
business and anticipated financial performance of the Company. These 
statements are subject to a number of risks and uncertainties. Actual 
results may differ materially from results contemplated by the forward-looking 
statements. When relying on forward-looking statements to make decisions, 
investors and others should carefully consider the foregoing factors and other 
uncertainties and should not place undue reliance on such forward-looking 
Mr. Tracy A. Graf CEO & Director of Carfinco Financial Group Inc. 
Telephone:1-888-486-4356 Facsimile:1-888-486-7456 Web 
The Howard Group Inc. Jeff Walker Investor Relations 
Telephone:1-888-221-0915 Web site: 
SOURCE: Carfinco Financial Group Inc. 
To view this news release in HTML formatting, please use the following URL: 
CO: Carfinco Financial Group Inc.
ST: Alberta
-0- Nov/05/2012 22:04 GMT
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