LOS ANGELES -- 1st PMF Bancorp, a commercial bank lender providing lines of credit, factoring, purchase order, and trade financing to small and medium size businesses throughout the U.S. since 1985, opens first fully operational private Factoring Company in China called Baoli Investments ("Baoli"), a wholly owned subsidiary of 1st PMF Bancorp.

Even though Baoli was opened in early 2005 by Stephen Perl, portfolio manager and Chief Financial Officer for global operations, Baoli is now providing Factoring to its Chinese clients for their domestic and export factoring needs as well as its consulting supportive services to PMF's clients in the U.S.

"Baoli has created a new financial tool for small and medium size businesses in China that serves to provide working capital and as a bridge that connects businesses in U.S. and China. Global business should be made accessible and simple for small business and we are making that a reality for our new Chinese clients and long standing U.S. based clients," states Stephen Perl, portfolio manager and CFO for global operations.

Based on 1st PMF Bancorp's continual drive to hire the most talented employees, Baoli's operational staff has been hand picked from the ranks of seasoned Chinese Bankers with Senior Financial backgrounds and accounting staff from the world's top accounting firms.

Baoli's operations is located in Shenzhen, China in the heart of the financial district at 9/F, JiangSu Building, YiTian Rd, FuTian District, Shenzhen, China 518026/ Tel: 86 (755) 83734304 / Fax: 86 (755) 82940770 / www.PMFbancorp.com.cn .