Equity Concepts Inc. is also Calling Oregon Home with the Opening of its Third Location in Portland

Nov. 14, 2006 – FOR IMMEDIATE RELEASE CONTACT: Thomas Drinkwater
503.914.4646
tdrinkwater@eciloan.com
http://www.eciloan.com

Oregon is Home to the Deepest Lake in the United States. Equity Concepts Inc. is also Calling Oregon Home with the Opening of its Third Location in Portland

CRANSTON, RI, OCTOBER 23 – June 2006 marked a month of new beginning for Equity Concepts, Inc. by celebrating the grand opening of their Portland branch. Oregon branch managers Thomas Drinkwater and Michael Pattullo supervise a staff of ten employees.
After talking with Equity Concepts’ President David Sisti, Drinkwater and Pattullo saw the advantage to having an office in Portland; the mortgage market was stable and thriving.
With the ECI parent branch located in Rhode Island, the Oregon office originally found it difficult to be in contact because of the three hour time difference. But with long hours and a steady persistence, Drinkwater and Pattullo gained a grasp about the mortgage industry and ECI. In the end, Drinkwater finds it is all worth it.
“This is a great environment to work in. It allows us to benefit from a tireless work ethic and incredible drive,” he says.
Working 17-hour days, 7-days a week, leaving breaks only for Red Sox games, Drinkwater and Pattullo have seen drastic changes in the short four months since the grand opening. The branch has increased net fees by 1,000-percent.
ECI is a licensed mortgage broker/lender with service in 16 states and plans to expand in 2007. They have originated billions of dollars in financing for their customers through continued commitment to assisting homeowners meet their financial needs. Founded in 1989, ECI includes subdivisions specializing in Spanish speaking personnel, bankruptcy,
and divorce. ECI is headquartered in Cranston, RI and maintains a corporate site at www.equityconcepts.net. ECI has been listed among Rhode Island’s 50 Fastest Growing Private Companies and Rhode Island’s Top 100 Private Companies in recent years.

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