Carfinco Declares Cash Dividend for February 2015

TSX: CFN

EDMONTON, Feb. 10, 2015 /CNW/ - Carfinco Financial Group Inc. ("Carfinco" or the "Company") announces that a cash dividend of 2.5 cents per share has been declared for February 2015. The payable date is February 25, 2015, the record date is February 20, 2015 and the ex-distribution date is February 18, 2015.

About Carfinco Financial Group Inc.

Carfinco focuses on providing indirect consumer vehicle loans to borrowers unable to obtain financing through traditional lending sources. A network of select independent and franchise dealerships offer Carfinco's payment plans to their customers who must, along with the vehicle, meet Carfinco's underwriting guidelines. The shares of Carfinco trade on The Toronto Stock Exchange under the symbol "CFN".

Caution Regarding Forward-Looking Statements – This news release contains certain forward-looking statements, including statements regarding Carfinco's on-going compliance with the terms of the Arrangement Agreement with Santander, the satisfaction of the conditions set forth therein, and the completion of the transactions contemplated thereby and in the timelines contemplated therein.  These statements are subject to a number of risks and uncertainties.  Actual results may differ materially from results contemplated by the forward-looking statements.  When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements.

SOURCE Carfinco Financial Group Inc.

Mr. Tracy A. Graf, CEO & Director of Carfinco Financial Group Inc., Telephone: [phone], Facsimile: 1-888-486-7456, E-mail: [email protected], Web site: www.carfinco.com