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"A good plan executed today is better than a perfect plan executed at some indeterminate future date."
- General George Patton
Are You Preparing for the Upswing?
Good news is on the horizon and there are an increasing number of reasons for optimism. Although many of us have faced unprecedented economic challenges over the last 12 months there is reason to believe that the worst of it is behind us. Many business experts claim that we are turning the economic corner and it is time to begin preparing for the inevitable upswing.
Since the mid 1850’s the US has experienced 32 recessions and every single one of them had something distinct in common. They all ended and were subsequently followed by economic expansions. The companies that persevered through the tough times and ultimately survived emerged even stronger, more productive and with greater market share than before.
We all know that history repeats itself and the economy by nature is cyclical. There is little doubt that the economic environment in our country will rebound and begin to grow once again – just as it has done following 32 previous recessions.
When the robust expansion becomes our current reality will your business be positioned to capitalize on the new opportunities? Now is the time to take prudent and methodical steps to prepare for the much anticipated economic upswing. With new opportunities timing is everything… to catch a wave you must begin paddling long before it gets to you – when it first comes into sight – you must see it coming and pursue it with maximum effort.
The current recession has not only impacted key financial results such as revenue and profitability but also other intangible items that are just as important such as efficiencies, effectiveness and even morale. Taking the time to strategically implement tools for heightened efficiencies, greater effectiveness and an uplifting work environment is going to make the difference between who excels in the post recession environment and who does not. Now is not the time for hesitation or procrastination.
The entire team at First Star Capital is grateful to be affiliated with your company. We remain focused on fueling tomorrow’s growth today and we will strive to continue to be a great resource for our clients, business partners, equipment vendors, referral sources, colleagues and associates.
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?
 First Star has a dedicated website to help educate business owners about
the economic stimulus plan? The site is: EconomicStimulusInfo.com
Section 179 of the IRS tax code allows businesses to deduct the full purchase price (up to $250K) of qualifying equipment purchased or financed during the tax year. The advantage with leasing the equipment is that you can deduct the full amount of the equipment without paying the full price this year. The savings in taxes is often greater than the amount of payments for the year.
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