New Financing Company Provides Innovative Funding Programs for Healthcare Industry

DALLAS, Nov. 24, 2015 /PRNewswire/ – Surgical Funds (, a firm formed to facilitate creative financing solutions solely for the healthcare industry, has launched and is changing the way healthcare organizations and professionals access cost-effective capital. Surgical Funds, created by trusted, veteran leaders in the healthcare industry, is dedicated to facilitating the highest quality medical financing alternatives for healthcare business owners and professionals, including group practices, ambulatory surgery centers (ASCs), clinical labs, and individual physicians.

By partnering with leading lending institutions, Surgical Funds delivers fast, customized solutions designed to meet the challenges unique to the healthcare industry. Medical financing programs are available for commercial debt consolidation, capital expansion, projects, startup expenses, and more. Surgical Funds’ lending partners, which includes Bankers Healthcare Group, have provided millions of dollars in customized financing programs nationwide.

The firm was founded by two executives with extensive experience in the healthcare, insurance, and financial services industries: Jeff Blankinship, an ASC industry leader who is president and CEO of healthcare IT solutions firm Surgical Notes and co-founder of  Surgical Captive, and the founder of the Surgery Center Network and Randy Bishop, another ASC industry leader who is chief operating officer of Surgical Notes, co-founder of Surgical Captive, and a partner at VisionCap Investments.

“Accessing a line of credit can be a difficult and time-consuming process for healthcare organizations and professionals,” Blankinship said. “Surgical Funds is designed to offer healthcare businesses and professionals an easy way to access an array of medical financing programs with limited funding requirements. By taking advantage of one of the exclusive financing programs through Surgical Funds, providers will be free to focus on what matters most — growing their business and delivering high-quality care to patients.”

To learn more about Surgical Funds and take the first step toward accessing the capital you need, visit

About Surgical Funds
Surgical Funds, created by trusted leaders in the healthcare industry, was formed to facilitate creative financing solutions solely for the healthcare industry. With our partners, we strive to offer fast, hassle-free funding programs designed to meet the unique and changing needs of healthcare professionals and business owners. Medical financing programs are available for commercial debt consolidation, capital expansion, projects, start-up expenses, and more. Surgical Funds’ lending partners are of the highest caliber and have provided millions of dollars in customized financing programs nationwide. Contact us today to learn how Surgical Funds can provide you with the capital you need by visiting

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SOURCE Surgical Funds


What has consumers stressed this holiday season?

COSTA MESA, Calif., Nov. 23, 2015 /PRNewswire/ – Consumers may not feel so jolly once they head into this year’s holiday shopping season. According to a national survey by Experian, many respondents are concerned about the financial stress of gift buying and adding debt, as well as becoming an identity theft victim.

When it comes to their finances, a majority of survey respondents believe holiday shopping is a strain (60 percent), and almost half feel obligated to spend more than they can afford (41 percent). When asked how they feel about holiday shopping, 29 percent of respondents feel stressed and 21 percent feel overwhelmed. According to respondents, there are several reasons for the seasonal anxiety: It is difficult to stay within budget (38 percent), there is no extra money to buy gifts (35 percent), and 26 percent do not want more credit card debt.

Credit is the key for many consumers’ merry holiday, allowing them to get the gifts they desire. Respondents plan to spend an average of $806 for gifts. Forty-nine percent of surveyed consumers plan to use credit for almost a quarter of their expenditures; in fact, 12 percent of respondents plan to open a new credit card for holiday shopping. Unfortunately, missing payments or opening new cards can damage a consumer’s credit profile – ten percent of respondents say holiday shopping has negatively affected their credit scores.

“The holidays can prove to be a challenging time for many consumers trying to manage their finances,” said Rod Griffin, director of Public Education at Experian. “Credit is a useful tool if it is used wisely, but it’s best to create a budget and determine how much one can afford using credit so there are not overwhelming bills to pay in the New Year.”

Some respondents have taken that insight to heart, based on these credit-related New Year’s resolutions: pay off a credit card (28 percent), pay the full credit card balance each month (25 percent) and pay credit card debt on time (21 percent). Fourteen percent plan to check both their credit report and their credit score more often.

Identity theft is no gift
Identity theft and fraud can also damage a credit report and score. Fifty percent of respondents are concerned about identity theft during this holiday shopping season — almost 60 percent among those concerned are millennials, who have grown up in an age of digital crime.

Consumers surveyed feel the risk is both present while shopping at “brick and mortar” retail locations or online with 55 percent choosing both as equally vulnerable. While 30 percent of respondents cite online shopping as riskier (30 percent), almost half still plan to shop online.

“Consumers understand more than ever before that their identities are at risk no matter how or where they shop,” said Michael Bruemmer, vice president of Experian Consumer Protection. “It’s important that they take steps to protect their information and check financial accounts more frequently during the holiday season so they can catch possible fraud quickly.”

Will consumers be naughty or nice with their spending?

  • Unfortunately, 9 percent of respondents plan to pay off their credit card charges late
  • Only 43 percent of respondents plan to have a budget this year
  • However, more than half of respondents have saved 52 percent of their total shopping budget
  • Almost a quarter of surveyed consumers will use reward points to buy gifts (22 percent)

Consumers will use a mix of payment approaches

  • A majority of respondents will pay cash to purchase gifts (53 percent)
  • Almost half of surveyed consumers will use a major credit card (49 percent)
  • Eighteen percent of respondents will use a store credit card

What precautions will consumers take to protect their identities?

  • Fifty-four percent of respondents anticipate shopping only on personal internet connections or networks
  • Fifty-two percent of respondents will check to see if the site is secure
  • Fifty-one percent of respondents log out of personal accounts after shopping.
  • Forty-eight percent of surveyed consumers will go to websites directly instead of clicking on links

About the survey
The online survey was conducted by Edelman Berland on behalf of Experian from Oct. 28 to Nov. 3, 2015, among 1,035 adults ages 18 and older residing in the United States. This online survey is not based on a probability sample; therefore, no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact

About Experian Consumer Services
The Experian Consumer Services division provides credit monitoring and other informational products, such as identity protection, to millions of consumers via the Internet. The organization enables consumers to monitor their credit reports online, check their FICO® scores and protect against identity theft. Its products include Experian Credit TrackerSM and ProtectMyID®.

Experian Consumer Services has established integrated, cobranded relationships with leading online financial destinations that provide consumers with a broad range of comprehensive online financial products and information essential to managing one’s financial life. For more information, visit

About Experian
We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making.

We also help people to check their credit report and credit score, and protect against identity theft. In 2015, we were named by Forbes magazine as one of the “World’s Most Innovative Companies.”

We employ approximately 17,000 people in 38 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2015, was US$4.8 billion.

To find out more about our company, please visit or watch our documentary, “Inside Experian.”

Experian and the Experian marks used herein are trademarks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.

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SOURCE Experian


Acquisition of Securities of Cerro Grande Mining Corporation

TORONTO, Nov. 13, 2015 /PRNewswire/ – Mario Hernandez, c/o Spier Business Corp., 380 Los Carreras, Of, 425, La Serena, Chile, announces that pursuant to a debt settlement transaction (the “Transaction“), he has acquired beneficial ownership and control of 45,101,300 common shares (each, a “Common Share“) in the capital of Cerro Grande Mining Corporation (the “Company“), through Spier Business Corp. (the “Offeror“), a company controlled by Mr. Hernandez.

Pursuant to the Transaction, the Company issued 45,101,300 Common Shares to the Offeror in full and final settlement of outstanding indebtedness in the aggregate amount of US$1,682,885 (CDN$2,255,066) owed by the Company to the Offeror (the “Debt“), such indebtedness being made up ofcash advances made to the Company by Offeror. All amounts have been converted at an exchange ratio of US$1.00 to CDN$1.34.

Prior to the issuance of the Common Shares to the Offeror in connection with the Transaction, Mr. Hernandez beneficially owned and/or exercised control or direction over 54,992,201 Common Shares, representing approximately 31.39% of the issued and outstanding Common Shares on an undiluted basis. Mr. Hernandez also beneficially owns and/or exercises control or direction over 11,245,000 warrants (each, a “Warrant“) expiring October 24, 2019, each Warrant entitling the holder to purchase one Common Share at an exercise price of $0.07, and a convertible debenture in the principal amount of $80,105 (the “Debenture“) convertible into Common Shares at a price of $0.10 per Common Share, representing approximately 6.44% of the issued and outstanding Common Shares on an partially diluted basis giving effect to the exercise of the Warrants and the conversion of the principal amount of the Debenture.

After the issuance of the Common Shares under the Transaction, Mr. Hernandez beneficially owned and/or exercised control or direction over 100,023,501 issued and outstanding Common Shares, representing approximately 37.34% of the issued and outstanding Common Shares on a non‑diluted basis. Assuming conversion of the principal amount of the Debenture and exercise of the Warrants, Mr. Hernandez would beneficially own and/or exercise control or direction over 40.04% of the Common Shares on a partially diluted basis giving effect to the exercise of the Warrants and the conversion of the Debenture.

The Common Shares were issued to the Offeror pursuant to the Transaction, which was a private debt settlement transaction that occurred outside of any market or other facility, in settlement of the Debt, representing an issue price of CDN$0.05 per share.

The Offeror acquired the Common Shares pursuant to the Transaction in settlement of the Debt, to provide an immediate source of cash to the Company and to provide financial relief to the Company in a time of financial hardship. The Offeror intends to hold such Common Shares for investment purposes and may, in the future, increase or decrease its ownership of securities of the Company, directly or indirectly, from time to time depending upon the business and prospects of the Company and future market conditions.

The Offeror is relying on section 2.24 of National Instrument 45-106 — Prospectus Exemptions.

An early warning report (the “EWR“) will be filed on SEDAR and will be available for review at under the Company’s profile. A copy of the EWR can be obtained from the contact below.

SOURCE Mario Hernandez, c/o Spier Business Corp.

LendingTree Announces Commencement of Common Stock Offering

CHARLOTTE, N.C., Nov. 2, 2015 /PRNewswire/ – LendingTree, Inc. (NASDAQ: TREE) (the “Company”), a leading online loan marketplace, announced today that it has commenced, subject to market and other conditions, an underwritten public offering of 850,000 shares of its common stock pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission.  The Company proposes to issue and sell 725,000 shares of its common stock and a selling stockholder proposes to offer and sell 125,000 shares in the underwritten public offering.  In connection with the offering, the Company expects to grant the underwriters an option for a period of 30 days to purchase up to an additional 127,500 shares of common stock.

The Company expects to use the net proceeds from the offering for general corporate purposes, including, but not limited to, working capital and potential acquisitions. The Company will receive no proceeds from the offer and sale of shares by the selling stockholder.

BofA Merrill Lynch, RBC Capital Markets, LLC and SunTrust Robinson Humphrey, Inc. will serve as joint book-running managers for the offering.  Guggenheim Securities, Needham & Company and Stephens Inc. are acting as co-managers for the offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. 

The offering is being made only by means of a prospectus and related prospectus supplement. Copies of the prospectus and the related preliminary prospectus supplement may be obtained free of charge from the Securities and Exchange Commission’s website at or by contacting any of the joint book-running managers, including:  BofA Merrill Lynch, 222 Broadway, New York, NY 10038, attention:  Prospectus Department, or e-mail; RBC Capital Markets, Attn: Equity Syndicate, 200 Vesey Street, 8th Floor, New York, NY 10281 or by telephone at 877-822-4089 or by email at; or SunTrust Robinson Humphrey, Inc., Attn: Prospectus Department, 3333 Peachtree Rd., NE, Atlanta, GA 30326 or by telephone at 404-926-5744 or by e-mail at

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

The matters contained in the discussion above may be considered to be “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995, as amended. Those statements include statements regarding the intent, belief or current expectations or anticipations of the Company and members of its management team. Factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include the following: adverse conditions in the United States or global capital markets; adverse conditions in the primary and secondary mortgage markets and in the economy, particularly interest rates; willingness of lenders to make unsecured personal loans and purchase leads for such products from the Company; seasonality of results; potential liabilities to secondary market purchasers; changes in the Company’s relationships with network lenders; breaches of network security or the misappropriation or misuse of personal consumer information; failure to provide competitive service; failure to maintain brand recognition; ability to attract and retain customers in a cost-effective manner; ability to develop new products and services and enhance existing ones; competition; allegations of failure to comply with existing or changing laws, rules or regulations, or to obtain and maintain required licenses; failure of network lenders or other affiliated parties to comply with regulatory requirements; failure to maintain the integrity of systems and infrastructure; liabilities as a result of privacy regulations; failure to adequately protect intellectual property rights or allegations of infringement of intellectual property rights; and changes in management.  These and additional factors to be considered are set forth under “Risk Factors” in the Company’s Annual Report on Form 10-K for the period ended December 31, 2014, Quarterly Reports on Form 10-Q for the periods ended June 30, 2015 and September 30, 2015  and other filings with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results or expectations.

About LendingTree, Inc.

LendingTree, Inc. operates a leading online loan marketplace and provides consumers with an array of online tools and information to help them find the best loans for their needs. The Company’s online marketplace connects consumers with multiple lenders that compete for their business, empowering consumers as they comparison-shop across a full suite of loans and credit-based offerings. The Company provides access to lenders offering home loans, home equity loans/lines of credit, reverse mortgages, personal loans, auto loans, small business loans, credit cards, student loans and more.

LendingTree, Inc. is headquartered in Charlotte, NC and maintains operations solely in the United States.

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SOURCE LendingTree, Inc.