Brentwood, California – (The Hosting News) – June 21, 2006 – Financial institution website design, hosting, and technology solutions firm, Goldleaf Financial Solutions, Inc., has amended its current credit facility with Bank of America to increase the total amount from $19.75 million to $25.0 million. In addition to the increase, the Company also announced that The Bankers Bank, based in Atlanta, Georgia, has joined the lending group by participating in $4 million of the facility. Winder, Georgia-based The Peoples Bank increased its participation to $4 million of the facility.
Lynn Boggs, CEO of Goldleaf commented, ”Part of our business strategy is to expand and leverage our relationships with bankers’ banks and focus on community financial institutions. We are particularly gratified that The Bankers Bank and The Peoples Bank of Winder, a community bank, have shown confidence in us by participating in the lending group.”
Goldleaf Financial Solutions, Inc. (GFSI) offers a fully-featured product suite that provides core data processing, item processing and check imaging, ACH origination and processing, remote check capture and deposit processing, accounts receivable financing solutions, a teller automation system, turn-key leasing solutions, financial institution website design and hosting and retail inventory management services. Goldleaf believes its suite of products and services allows financial institutions and small to medium-sized business customers to compete more effectively in today’s aggressive financial services marketplace, to grow trusted financial relationships and to enhance profitability through the efficient use of technology and an expanded community presence.
To learn more, please visit: www.goldleaf.com.