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“If we did all the things we are capable of,
we would astound ourselves”
- Thomas Edison
A Letter From the First Star Capital President:
USA Today reports this week that hundreds of business owners were asked: “Do you feel there is anything you can do to make a difference in whether your business succeeds or fails in the current economy?” 69% replied “Yes. I’m trying new things to stimulate my business.” 31% replied: “No, I hope something will change to make things better”
With so many recent changes in our country and national economy, as the president of the company I felt it would be a good time to update you on the well being of First Star Capital. We hope that you are staying focused and your business is doing well in spite of the economic challenges of 2008 and the uncertainty that we face in 2009.
While it seems like just about everyone is feeling the effects of the turmoil in the financial markets, First Star Capital remains committed to our business and customers. We have stable resources and are seeing increasing demand due to the general credit tightening with banks and institutional lenders. With new application and funding volume at an all time high, we have added a few more people to our staff to maintain high service levels and prompt turnaround time.
Times are, indeed, not what they were just a few months ago but the past has shown us that trends are cyclical and economic improvement is in our future. Although there is no shortage of negative news and the perception of doom and gloom has certainly been heightened, I am confident that the United States is not going out of business. Some of the most fertile landscapes are created in the wake of devastation such as fire, earthquakes, and floods. The same is true for the economic landscape.
I have unwavering confidence in the entrepreneurial small business owners of America. There is still tremendous opportunity in our free enterprise system. If we all remain focused on running efficient businesses and continue to effectively market our goods and services we will not only endure this current economy but we will come into the next phase of the cycle (hopefully an upswing) with forward momentum poised to excel.
The entire team at First Star Capital is grateful to be associated with you and we thank you for the opportunity to help grow your business. Your stories of creativity and opportunity keep us committed to being harder working and more motivated than our competitors. Please call or e-mail anytime. We sincerely want to contribute to your future success!
Sincerely,
Brad Harmon
President
About First Star Capital
First Star Capital is an established national firm that has financed thousands of different businesses across the country and has funded hundreds of millions of dollars worth of capital equipment. We are an independent commercial lender with a specialty focus in equipment financing and leasing. First Star Capital is a direct lender with the ability to quickly and efficiently fund new financing requests between ten-thousand and ten-million dollars. Since we are a direct lender with our own funding and servicing capabilities we are able to deliver tangible value added financing solutions with the utmost flexibility. First Star Capital has the internal ability to underwrite a variety of different financing requests – nothing is too big or too complicated.
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First Star Capital
(800) 604-4817
brad@firststarcapital.com
www.firststarcapital.com
Did You Know?
 During the last
recession the companies
that continued to invest
in advertising during the
recession grew their
revenues by 149% in the
1st year coming out of
the recession. The
companies that stopped
advertising during the
recession grew as well
but only by 20%.
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