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Velocity Financial Group, Core join

ROSEMONT - Core Business Credit of Dallas and Velocity Financial Group with offices in Rosemont, announced a strategic combination to create a diversified commercial finance company. Core, an asset based lender, and Velocity, a venture debt finance and middle market equipment leasing company, will operate under one holding company. Core and Velocity expect to consummate the combination by the end of the first quarter 2009.

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