Merchants’ Credit Guide Co. Announces Plans for National Growth

Chicago, IL, 2006 –- Merchants’ Credit Guide Co. (www.merchantscreditguide.com), one of the nation’s oldest and, recently, fastest growing full service commercial and consumer debt collection agencies, recently announced the promotion of Dan Burtis to the position of Chief Executive Officer, where he will be responsible for the overall strategic direction of MCG.

After its 4th straight year of record revenues, the Burtis family is ready to take the company to a national level. The company was founded in 1896 and is one of the oldest family-owned and operated Accounts Receivable Management firms in North America. Several years ago the family decided to grow the organization into a national brand and laid out a plan to achieve that goal. This is the next step in that process.

The commercial and consumer debt collection agency made a strategic decision to expand its credit card, medical and retail credit collection business and has successfully moved into servicing the hot, new debt-buying market by successfully performing for a majority of the top 10 largest debt buyers in the U.S.

Dan Burtis, the new CEO, stated “I am proud to carry on the excellent tradition set forth by my forefathers and look forward to taking our organization into the new Millennium. Our long-term strategic plan is ahead of schedule and we have recently begun hiring the national-caliber talent that we need to take the organization to the next level. The recent promotion of Michael Fromknecht to President is evidence of that. With the right business plan and execution, which we now have, our growth is virtually guaranteed. We have grown over 560% in the last 3 years and are being recognized as one of the fastest growing firms in the ARM industry. When my great grandfather started this company back in 1896, he never imagined that it would be thriving into the new Millennium…not bad for 110-year old company.”

About Merchants’ Credit Guide Co.
For over a century Merchants' Credit Guide Co. (www.merchantscreditguide.com) has served the business community, providing its clients with accounts receivable solutions, setting the standard for all others in the ARM industry. Founded in 1896, Merchants’ is one of the oldest full service commercial and consumer debt collection agencies in the U.S. In addition to being the oldest, Merchants' Credit Guide Co. is now the fastest growing commercial and consumer debt collection agency in the U.S., with revenues increasing over 560% for the last three years. Privately-held and now in its fourth generation of family ownership, Merchants’ Credit Guide Co.’s long-term success as a leading full service commercial and consumer debt collection agency offers its clients a level of security and reliability that is unparalleled.