IOU strengthens management team with new
role in anticipation of upcoming business growth
cycle
ATLANTA, May 5, 2023
/CNW/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV:
IOU), a leading online lender to small businesses
(IOUFinancial.com), announced today total that Kimberley Haffey has been appointed VP
Sales.
"Kim's talent for building productive teams and Broker
relationships is an inspiration to the entire organization," said
Carl Brabander, EVP Strategy. "We
are thrilled to have Kim leading our sales efforts as we head into
the next growth cycle."
Haffey joined IOU Financial in 2015 and quickly established a
portfolio of high-performance Brokers; promoted to Team Lead in
2017, Kimberley built a team of successful Account Executives that
embody the Company's core values of integrity, commitment and
customer satisfaction; in her role as VP Sales Kimberley will
oversee the activities of the entire sales team and play a leading
role in the integration of Voice Of Customer within upcoming
technology releases.
About IOU Financial Inc.
IOU Financial Inc. is a wholesale lender that provides quick and
easy access to growth capital to small businesses through a network
of preferred brokers across the US and Canada. Built on its proprietary IOU360
technology platform that connects underwriters, merchants and
brokers in real time, IOU Financial has become a trusted
alternative to banks by originating over US$1 billion in
loans to fund small business growth since 2009. IOU was named
one of the 50 Best Places to Work in Fintech for 2022 by American
Banker and trades on the TSX Venture Exchange under the symbol IOU
(TSXV: IOU), and on the US OTC markets as IOUFF. To learn more
about IOU Financial's corporate history, financial products, or to
join our broker network please visit www.IOUFinancial.com.
Forward Looking
Statements
Certain information set forth in this news release may contain
forward-looking statements. Forward looking statements are
statements, other than statements of historical fact, that address
or discuss activities, events or developments that IOU expects or
anticipates may occur in the future. These forward looking
statements can be identified by the use of words and phrases such
as "anticipates", "believes", "estimates", "expects", "may",
"plans", "projects", "should", "will", "intends", "seeks",
"allows", "creates a path for", "puts in a position to" or the
negative thereof or other variations thereon. These forward-looking
statements are subject to and involve substantial known and unknown
risks and uncertainties, certain of which are beyond the control of
IOU, including, but not limited to, the impact of general economic
conditions, industry conditions, dependence upon regulatory and
shareholder approvals, the uncertainty of obtaining additional
financing, risks related to the Company's incapacity to execute on
its business plan, dependence on third-party service providers,
competition, dependence on key personnel, security and
confidentiality risk, technological development risk, IT
disruptions, maintenance of client relationships, and litigation
risk. No assurance can be given that any of the events anticipated
by such statements will occur or, if they do occur, what benefit
IOU will derive from them. Readers are cautioned that the
assumptions used in the preparation of such information, although
considered reasonable at the time of preparation, may prove to be
imprecise and, as such, undue reliance should not be placed on
forward-looking statements. IOU does not assume any obligation to
update or revise its forward-looking statements, whether as a
result of new information, future events, or otherwise. Additional
information concerning these and other factors can be found
beginning on page 20 under the heading "Risks and Uncertainties" in
IOU's management's discussion and analysis dated November 18, 2022, which is available under IOU's
profile on SEDAR at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE IOU Financial Inc.