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Technology Stocks : VerticalNet, Inc. [VERT]

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To: bob zagorin who wrote (1008)11/6/2000 8:57:37 PM
From: puborectalis   of 1094
 
SierraCities.com Inc., formerly First Sierra Financial, Inc., is a provider of
e-finance solutions for small businesses. Through its Internet-based technology
platform, the Company offers on-line end-to-end business financing fulfillment
solutions for specific equipment purchases and for general corporate purposes.
Through its Internet-based technology the Company has automated much of the
process related to the application, data retrieval, underwriting, documentation,
funding, servicing, collections, auditing, data warehousing and data mining. As a
result, the Company offers approval usually within minutes and funding within 24
hours. Since its inception in 1994, the Company has funded over $2.6 billion in
loans and leases for the small business community and currently has
approximately 83,000 small business customers.
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