Orbit Drop Announces Exclusive Financial Assistance Through Strategic Alliance with Barklay Capital, Inc.
February 08 2006 - 6:30AM
Business Wire
Orbit Drop Inc. (Pink Sheets:OBDP) announces their strategic
alliance with Barklay Capital, Inc. to assist in financing
OrbitDrop franchises. "We're excited about teaming up with Barklay
Capital, Inc. for financing," says Marisa Wolfcale, CEO Orbit Drop
Inc. "We want to make it easy for new franchisees to get into this
business and offering financial assistance will help meet those
goals. We are always looking to expand the umbrella of Orbit Drop
Inc. and therefore will explore additional services this union
could facilitate." Barklay Capital, Inc. has signed an exclusive
agreement with Orbit Drop Inc. to aid in facilitating the
application process of franchisees that need financial assistance.
"We're proud to be associated with OrbitDrop," says Matt Hingorani,
President of Barklay Capital, Inc. "We really like the OrbitDrop
business model and feel that this relationship will be a major
benefit to us, OrbitDrop, and their franchisees." "Anyone with good
credit can apply for financing with Barklay Capital, Inc.," says
Jeanelle Ditto, Loans Division Manager for Barklay Capital, Inc.
"We will even guide new OrbitDrop franchisees in setting up their
business entity." About OrbitDrop: Orbit Drop Inc. is a franchisor
of retail and B2B eBay (NASDAQ:EBAY) drop-off stores. OrbitDrop
franchise locations offer an easy and convenient way to sell items
online. The concept is a store where people come to make money, not
spend it. OrbitDrop stores handle the entire selling process
whether it is one or many items, a small piece of jewelry, a car or
a house. The highly talented and trained staff in each store knows
exactly how and when to list items to achieve the best sales price.
A customer provides OrbitDrop with an item; OrbitDrop researches
the value, takes photos, writes a description, answers buyer
questions, processes payment, packs and ships the item then mails a
check to the seller. For more information about Orbit Drop, Inc.
visit www.orbitdrop.com
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