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“Now is not the time to bunt. Aim high,
not recklessly or nervously, but in a steady,
calm and controlled manner.”
- John W. Rogers Jr, Chairman & CEO of Ariel Investments, Forbes Magazine
As we cross the midpoint of the year and enter the second half of 2009 we are all taking stock of our current position and hopefully thinking about ways to improve performance. If you’re not then you could be inadvertently positioning yourself to fall behind as the pending economic recovery begins to gain momentum. A wise person once stated failing to plan is planning to fail.
Many business people have anxiously anticipated the third and fourth quarter of 2009, believing it will be the more active and productive portion of this challenging year. We all need to deliver results and now is a great time for every business to focus intently on proving their effectiveness in the market. It is not too late to swing for the fences in 2009! We’ve seen encouraging signs lately that the economy is poised to turn the corner. Substantial gains have been made in the stock market since March, national unemployment seems to be leveling off and a tone of cautious optimism has become increasingly common.
Regardless of personal political stripes or individual opinion we should all be optimistic about a recovery (it is certain that the question is WHEN and not IF). Growth will come from a variety of sources. One is federal government spending resulting from the stimulus program passed by Congress earlier this year. Finally, the vicious cycle of tight credit and a weak economy can turn into a virtuous cycle. Once the economy starts growing and jobs and income are increasing, fewer borrowers will default and lenders will be willing to increase the supply of credit.
Most economists (and other smart people that are far above my pay grade) expect the recession will end sometime later this year. That would make it the longest and probably deepest downturn since the Great Depression. Although no one can predict the future many believe that the economic recovery will also produce above average inflation – the dollar decreasing in value means that future dollars will inherently be worth less than they are today.
This is an opportunity for businesses of all sizes. First Star Capital can help your company acquire needed equipment today with an automatic built in discount - pay for it with future (cheaper) dollars. This is an example of Tomorrows Growth Today in action. Also, in many sectors it is a buyer’s market for equipment (new & used) because values are depressed, equipment sales are down and vendors have become increasingly willing to negotiate on price.
First Star Capital is here to help your company succeed and we’ll set up a competitive finance plan that fits the needs of your business.
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.
Find us on:
   
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First Star Capital
(800) 604-4817
brad@firststarcapital.com
www.firststarcapital.com
Congratulations to the American League All Star team for their win Tuesday night. The AL extended their winning streak to 13 years and secured home field advantage again for the World Series. The National League has not won the All Star Game since 1996.
Did You Know?
Where do today’s baseball players get their favorite bats from?
Between the US and Canada there are:
 Over 20,000 lumber companies
Nearly 100 manufacturers of lathes
41 separate baseball bat manufacturers
ATTENTION:
Is your company
in need of working capital?
With a working capital cash advance from First Star Capital you get immediate cash deposited into your business bank account in exchange for a fixed dollar amount of your future credit card sales.
For more information, visit www.firststarcapital.com/
programs_working.html. |
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