June 19, 2012 – Frontera Investment, Inc., (www.fronterainvestment.com) (OTC: FRNV) today announced it has entered into two separate investment transactions which together will provide the company $10 million of new capital funding with which to grow its business.
Frontera is an alternative financial services company that serves the large and fast-growing low-cost consumer finance market. The company uses advanced technology and business processes to offer competitive prices on a wide range of financial products and services, including check cashing, loans (payday and gold jewelry loans) and money transfers.
The first transaction is a new $5 million senior credit facility from Salus Capital Partners (www.saluscapital.com).
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