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     Judy Hart
     Senior Vice President
     Director of Marketing
     (860) 244-9202

BUSINESS LENDERS EXPANDS INTO FLORIDA
Hires Former Net 1st National Bank Officer for New Office in West Palm Beach

WEST PALM BEACH, Fla. - April 3, 2000 - Business Lenders, LLC, a leading non-bank, Small Business Administration (SBA) lender, continues its nationwide growth by establishing a presence in the Florida market. George Amanzio, who has extensive experience in banking and financing, has joined Business Lenders as vice president and loan officer for the state of Florida, based in their new office in West Palm Beach.

Amanzio comes to Business Lenders from Net 1st National Bank in Boca Raton, where he was SBA Business Development officer for the South Florida market. He was previously with Bank Atlantic in Ft. Lauderdale.

"George closed more than $1.4 million worth of SBA loans in his first three months with Net 1st," says Business Lenders' President Gary Mullin. "He knows how to identify the right applicants for small business financing and how to find the right financing terms for a variety of small businesses. We're happy to have a professional of George's caliber representing Business Lenders."

Amanzio, who is fluent in Spanish, is a veteran of the United States Navy. He continues to serve in the Navy Reserves and is completing a business program at Barry University in Miami. He resides in Loxahatchee.

Headquartered in Hartford, Connecticut, Business Lenders has approval to lend in 47 states. A member of the Medallion Financial Group, a New York-based specialty finance company (NASDAQ symbol: TAXI), Business Lenders received the SBA's Gold Award for its volume of approved loans in 1999 and can be reached toll free at (877) 345-6267

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