C.O.D. Friendly Expands Credit Facility

Carrollton, TX, January 27, 2011 --(PR.com)-- Fueled by an increase in demand for their signature financial product, C.O.D. Guaranty℠, C.O.D. Friendly is announcing an expansion of their line of credit facility. The recent Credit Facility increase with a National F.D.I.C. insured institution confirms the belief of the financial community that the company’s product is right for today’s marketplace.

Lowell Burk, CEO of C.O.D. Friendly says, “This increase in our funding capacity will be sufficient for projected growth in 2011 and beyond. The company has been inundated with inquiries from suppliers and end users of products. Both sides of the C.O.D. transaction see enormous value of our product and are eager to find out how to become involved with C.O.D. Friendly.”

“I feel that finally there is help for the smaller retailer who sells, but suffers from cash flow issues,” says Cathy Campbell, a retailer, and a recently added customer to C.O.D. Friendly.

“In the current economy, credit cards are at maximums and credit limits have been cut back, which leaves C.O.D. as a primary shipping option for many businesses,” Burk said. “With C.O.D. Guaranty℠, we take the risk out of the vendor’s C.O.D. program by assuming the risk of payment.”

Founded in 2006, C.O.D. Friendly is a U.S. –based finance company that has developed innovative collect-on-delivery (C.O.D.) services. The flagship product, C.O.D. Guaranty℠, protects senders of product against losses from insufficient C.O.D. payments while allowing receivers of product to issue payment dated for 30 to 60 days.

For more information: please visit www.codfriendly.com or contact the company at 214-296-9503.

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