Franchise News Release: (Oct-26-2004)

MAACO HELPS FRANCHISEES BY ENGAGING SIEGEL CAPITAL

Maaco Enterprises, Inc., the leading national franchisor of auto body painting and repair shops, based in King of Prussia , PA , has engaged Siegel Capital, LLC to provide a service to its new Franchise applicants to assist them with their business plan and advice on the preparation of loan documents and other matters relating to financing their franchise. Siegel Capital will also be available to each new franchise applicant to assist them in applying for funding through the resources of Siegel Capital.

Robert E. Berman, Maaco Vice President of Franchise Development, explained that Maaco, undergoing rapid expansion throughout the United States, wanted to insure that all new franchisees, as well as existing franchisees remodeling or expanding, had access to capital as needed and the expertise needed to facilitate such funding.

Siegel Capital, a member of the Siegel Financial Group, based in Bala Cynwyd, PA provides franchisees and small business owners with loan packaging and expediting services throughout the US and Puerto Rico.

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