International Merchant Advisors Completes Acquisition of

Jan 20, 2010, 10:41 ET from International Merchant Advisors, Inc.

KINGWOOD, Texas, Jan. 20 /PRNewswire-FirstCall/ -- International Merchant Advisors, (Pink Sheets: IMAI), is proud to announce that it has completed its acquisition of a leading Internet payday loan / cash advance provider and lead generation provider.

About The Payday Loan Cash Advance Industry

The payday loan and cash advance business is a worldwide multi billion dollar business, and the internet component offers even greater rewards than the payday loan brick-n-mortar model.

Typically, payday loan consumers are paying $10 to $35 per $100 borrowed for a term averaging 8 days. These cash advance fees are equivalent to 480% to 1200% APR's (Annual Percentage Rate).

The demand for payday loan products is increasing worldwide. Small loans ranging from a few hundred dollars to $1500 or more are in huge demand by cash strapped consumers.  The demand for these so-called "micro-loans" is so profound that Muhammad Yunus who founded the Grameen Bank won the Nobel Peace Prize in 2006 for leveraging small loans to impoverished families. Take a look at his book; "Banker to the Poor: Micro-Lending & the Battle Against World Poverty."

About, Inc. (

Since opening its doors in 2009, is poised to become one of the online leaders in licensed and responsible payday loan services and online cash advance loan lead generation companies.

Today our services are available in over 30 US states and growing. continues to lead the way toward the future of secure online lending and credit services.

About International Merchant Advisors, Inc. (

International Merchant Advisors Inc. -- Trading symbol: IMAI is an international business banker and builder of companies. IMAI provides direct access to the critical tools necessary to satisfy the growth requirements of international emerging and re-emerging public and private companies. These tools include providing mergers and acquisitions, strategic advisory services, capital raising strategies, direct access to capital markets, and organizational development and business plan execution.

Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

SOURCE International Merchant Advisors, Inc.