Alternative Motors Announces Agreement with Car Financial Services

Las Vegas, NV, May 29, 2009 --(PR.com)-- Today, Alternative Motors announced it has entered into a funding agreement with Car Financial. The Agreement allows for the securitization of funding on an as needed basis providing cash-flow flexibility for Alternative Motors.

Randy M. Henderson, CEO and President of Alternative Motors stated, “We are very pleased to have entered into this agreement with Car Financial Services. The Agreement allows us access to Car Financial’s capital resources. With this agreement in place we are confident we can continue to pursue our objectives of aggressive, but measured expansion. Car Financial was a natural choice for our needs considering their straight forward approach and their ability to accommodate our needs over the next two to three years.”

About Alternative Motors
Alternative Motors, Inc. meets the needs of customers who are credit challenged by providing vehicle and credit solutions they may not be able to obtain otherwise. Alternative Motors provides these solutions at our Buy Here, Pay Here car lots. While our customers may be unable to obtain traditional vehicle financing, Alternative Motors can provide financing and payment schedules to be made at the point-of-sale. More information can be obtained on Alternative Motors, Inc. by visiting www.alternativemotors.com or by contacting pr@alternativemotors.com.

About Car Financial
Car Financial is an organization dedicated to the Sub-Prime Auto Industry with over 16 years of experience and market knowledge. Car Financial programs are designed to support the Buy Here/Pay Here dealer’s requirement to maintain access to capital via the direct sale, partial sale, or servicing of BH/PH assets. Doing business in 45 states, Car Financial maintains a staff of professional, experienced personnel in 15 strategic locations across the US. To learn more about our services, visit us at www.carfinancial.com.

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