Penn Financial Sponsors Philly Cycling Classic

National mortgage lender New Penn Financial, ailment LLC today announced its sponsorship of the Philly Cycling Classic to be held June 2, sale cialis 2013 in Philadelphia.

New Penn, headquartered in Plymouth Meeting, Pennsylvania, is the first to commit to financial sponsorship. The company offered its support when new organizers, led by Congressman Robert A. Brady, took action to establish a race to replace the annual Philadelphia International Cycling Championship, which was cancelled in January.

The new race course – which winds through city streets, including a steep “wall” in the Manayunk neighborhood – will be shorter and faster than its predecessor’s 124-mile course, and has been designed to put spectators close to the action.

Jerry Schiano, New Penn Financial CEO, said: “We’re thrilled to help champion this race. Cities across the country establish signature events, like the Boston Marathon, that boost visibility and reputation, and bring business to the region. The Philly Cycling Classic can have a continuing impact on Philadelphia and is very worthy of our support. We hope our sponsorship will encourage other Philadelphia-based companies to step forward to support this great event. ”

New Penn Financial’s race sponsorship is part of the company’s commitment to the Philadelphia area. The rapidly growing mortgage lender currently employs nearly 1,200 nationally and over 300 in the Greater Philadelphia area, and continues to hire and contribute to the local economy.

“We not only want to build a great Philly-based company, but we also want to make a real difference in the communities where we live,” said Jeff Frutkin, Vice President of Marketing at New Penn Financial.