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

FAST GROWING NON-BANK LENDER OPENS DALLAS OFFICE
Hires Former Wells Fargo Bank Business Development Officer

DALLAS, TX - June, 2000 - Business Lenders LLC, a non-bank, Small Business Administration (SBA) lender, continues its nationwide growth by strengthening its foothold in the Dallas/Forth Worth market. Derenda K. Fisher has joined Business Lenders as loan officer for the state of Texas, based in Dallas.

Fisher comes to Business Lenders from Wells Fargo Bank North America in Dallas, where she was responsible for SBA business development for Wells Fargo's southeast region, including financial analysis, loan packaging, loan closings, and marketing the SBA program to business bankers, commercial loan officers and potential business clients.

"Derenda's expertise in all areas of SBA loan development makes her a tremendous asset for Business Lenders and potential borrowers," says Business Lenders Senior Vice President Joseph Miller.

A Mesquite, Texas resident, Derenda earned a bachelor's degree in business administration at the University of Texas, Arlington.

Headquartered in Hartford, Connecticut, Business Lenders is one of the nation's top-ten, non-bank SBA lenders, with 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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