IFC Credit Corporation Renews $75 Million Credit Facility

MORTON GROVE, Illinois, December 20, 2005 - IFC Credit Corporation announced today that its wholly-owned subsidiary, FPC Funding II, LLC, has completed the renewal of its $75 million revolving credit facility with Autobahn Funding Company, LLC, an asset-backed commercial paper conduit sponsored by DZ Bank AG Deutsche Zentral-Genossenschaftsbank. The facility has a term of five years.

IFC President and CEO Rudy Trebels commented, “The Autobahn facility provides us with low cost funding and flexibility, which optimizes our competitive position in the small-ticket marketplace, and results in an improved customer experience.”

About IFC Credit Corporation Founded in 1988, IFC Credit Corporation is a Morton Grove, Illinois-based firm that provides capital equipment leasing services to businesses throughout the United States. IFC’s services are offered on a direct basis to middle market companies, and indirectly through its FirstCorp vendor services group and its third-party funding services unit, Pioneer Capital Corporation.

About DZ Bank Based in Frankfurt, Germany, DZ Bank has offices in key financial centers and economic regions through the world. Through Autobahn, DZ Bank’s Asset Securitization Group offers structured asset and receivables financing for a wide variety of clients and asset types. Through DZ Financial Markets, DZ Bank’s broker dealer, ASG provides term securitization placement capabilities.


Media Contact

Brian Cascarano
Vice President of Marketing
(847) 663-6700

bcascarano@
ifccredit.com