IOU Financial announces renewal and increase of its credit facility

IOU Financial announces renewal and increase of its credit facility 
MONTREAL, Feb. 12, 2014 /CNW Telbec/ - IOU Financial Inc. ("IOU") (CNSX: IOU), 
an online lender to small businesses, announced today that Accord Financial 
Inc. (TSX: ACD) has exercised its option to extend IOU's current credit 
facility by an additional one-year term, being up to June 14, 2015, by 
providing IOU an increase in such credit facility from $10.0 million to $15.0 
About IOU Financial 
IOU Financial, via its U.S. subsidiary, IOU Central, provides small businesses 
throughout the U.S. access to the capital they need to seize growth 
opportunities quickly. Typical customers include medical and dental practices, 
grocery and retail stores, restaurant and hotel franchisees and e-commerce 
companies. In a unique approach to lending, IOU Central's advanced, automated 
application and approval system accurately assesses applicants' financial 
realities, with an emphasis on day-to-day cash flow trends. It makes loans of 
up to $100,000 to qualified applicants within a few business days, with 
affordable charges favorable to cash-flow management. IOU Central's speed and 
transparency make it a trusted alternative to banks. To learn more visit: 
Certain statements contained in this news release are forward-looking and are 
subject to numerous risks and uncertainties, known and unknown. For 
information identifying known risks and uncertainties, relating to liquidity 
risks, risks inherent in growing a new business, dependence on third-party 
service providers, credit risks, competition, regulatory risk, and assumptions 
that could cause the company's actual results to differ from current 
expectations, please refer to the section "Risks and Uncertainties" of IOU's 
most recent Management's Discussion and Analysis ("MD&A"), which may be 
consulted at IOU cautions that the foregoing list of factors is 
not exhaustive. The forward-looking statements presented in the MD&A reflect 
IOU's expectations as at the date of the MD&A. IOU Financial does not 
undertake any obligation to update publicly or to revise any such 
forward-looking statements, unless required by applicable legislation or 
The Canadian National Stock Exchange (CNSX Markets Inc.) has neither approved 
nor disapproved of the contents of this press release.

Philippe Marleau Chief Executive Officer (514) 789-0694 ext. 225 
Mayco Quiroz Chief Financial Officer (514) 789-0694 ext. 298 
To view this news release in HTML formatting, please use the following URL: 
ST: Quebec
-0- Feb/12/2014 22:23 GMT
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