IOU Financial Inc.’s Results for the Fiscal Year Ended December 31, 2013

MONTREAL, April 18, 2014 – IOU FINANCIAL INC. (“IOU” or “the Company”; ticker symbol IOU/TSX-V) recorded financial revenues of $4,047,105 and $937,530, during both fiscal years ended December 31, 2013 and 2012 respectively. The Company closed fiscal 2013 with a net loss attributable to common shareholders of $1,444,702, or $0.03 per share, compared with a net loss of $1,797,456 or $0.06 per share in 2012.

At December 31, 2013, total assets stood at $15,921,263 compared with $8,653,374 on December 31, 2012, and consisted mainly of cash on hand and commercial loans receivable. Total liabilities at December 31, 2013 amounted to $8,688,312 compared with $3,405,259 at December 31, 2012, and consisted mainly of funds owed on the Company’s credit facility. Total shareholders’ equity amounted to $7,232,951 at December 31, 2013, compared with $5,248,115 at December 31, 2012.

IOU Financial’s financial statements and management discussion & analysis for the year ended December 31, 2013 have been filed on SEDAR and are available at www.sedar.com.

About IOU Financial Inc.

IOU Financial provides small businesses throughout the U.S. access to the capital they need to seize growth opportunities quickly. Typical customers include medical and dental practices, grocery and retail stores, restaurant and hotel franchisees and ecommerce companies. In a unique approach to lending, IOU Financial’s advanced, automated application and approval system accurately assesses applicants’ financial realities, with an emphasis on day-to-day cash flow trends. It makes loans of up to $150,000 to qualified applicants within a few business days, with affordable charges favorable to cash-flow management. IOU Financial’s speed and transparency make it a trusted alternative to banks. To learn more visit: www.ioufinancial.com.

Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of IOU including, but not limited to, the impact of general economic conditions, industry conditions, dependence upon regulatory and shareholder approvals, the execution of definitive documentation and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. IOU does not assume any obligation to update or revise its forwardlooking statements, whether as a result of new information, future events, or otherwise. The TSX-V has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact:

Philippe Marleau
Chief Executive Officer
(514) 789-0694 ext. 225

Mayco Quiroz
Chief Financial Officer
(514) 789-0694 ext. 298