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"You have brains in your head. You have
feet in your shoes. You can steer yourself any direction you
choose." -Theodor Seuss Geisel
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As the sub prime crisis continues to unfold, large
financial institutions like Citi-group, Merrill Lynch, and Morgan
Stanley have sold large blocks of equity to cover their losses.
What we've seen in the past is that in times similar to what we're in
right now, a few of the traditional financial institutions tighten
their lending policies. Clients with investment grade credit now
become "A" credits, "A" credits now become
"B" credits, and so on.
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How might this affect your company? Its hard to say but we
already see a few traditional financial institutions tightening their
lending policies causing some of their clients to look for new sources
of capital. In general, these are challenging times for large
traditional financial institutions. Some will develop bunker
mentality becoming much more conservative, while others may be more
aggressive. It will become increasingly important for you to have
other financing options to support and sustain your growing
business.
The door of opportunity is already opening for First Star
Capital to help clients of the institutions that become overly
conservative. Companies that may not have seriously considered an
equipment lease proposal in the past may now become a prime
prospect. At First Star Capital, we have a variety of programs
and a healthy lending appetite which will enable us to offer more
comprehensive options for your next equipment acquisition. As an
organization, we are in an excellent position to serve clients who are
looking for new sources of funds.
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First Star Capital is a
national leader in all types of equipment financing and leasing.
We operate in all 50 states and are currently offering some of the most
competitive programs in the country. Our transactions are funded
both internally with private label lines of credit as well as
externally with some of the most competitive & flexible funding
partners in the nation. These diverse funding resources allow
First Star the flexibility to undertake a variety of transactions.
Nothing is too big or too complex.
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First Star Capital...Tomorrow's Growth Today
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- There
are 16 million businesses in the US
- 80%
are small businesses with 9 employees or less
- 85%
of the employment in America is found in small business
- These
small companies compose 53% of the nations GDP
- Approximately
150K new businesses are formed every month and another 150K
disappear every month
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