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

Connecticut Lender Granted Preferred Status

HARTFORD, CT - September 7, 1999 - Business Lenders of Hartford, Conn., has been granted preferred lender status in 11 markets.

The approval brings to 18 the number of markets served by the nonbank lender.

Business Lenders is among the nation's top nonbank SBA lenders. It specializes in loans to small businesses, start-up companies and franchises.

The SBA awards preferred lender status as recognition of quality lending practices and as a way to help stimulate small business growth. Preferred lenders are able to expedite loan applications, often providing an answer to a loan request within 72 hours, sometimes within a day.

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