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Lester M. Salvatierra: Posted on Wednesday, May 16, 2012 9:46 AM
When I do business with someone, I usually care about 3 things; do they care, will they give me good service and is there value. My recent trip to my cell phone carrier reminded me of this; the price was competitive but the guy behind the counter and over the phone could care less about me, their product and how they represented their company. So I switched carriers. All of us balance our own criteria because bargain-hunters only care about one thing which is price and superquality-minded individuals don’t care about cost as long as the product or service is exactly the way they want it. |
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Lester M. Salvatierra: Posted on Tuesday, May 01, 2012 3:51 PM
Financing equipment and projects for small to mid-size business in the U.S. is always in a state of change. Probably for all companies, the world economy and political shifts has some effect on how we do business here at home. As programs and criteria change, we do our best to keep you updated. Here is a list of our current services: Special Energy Programs– special solar energy financing is available for projects of $500K and up with terms from 5-20 years and rates from 4-7% interest. A full 3 years financials are required from the borrower and the structure can be either an Operating or Capital Lease. |
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Lester M. Salvatierra: Posted on Thursday, April 12, 2012 1:46 PM
When someone says a company has “AAA” rated credit they mean the credit is good, real good. In essence, they are at the highest level of credit worthiness which is a measure of their ABILITY and READINESS to pay back debt. Keep in mind it’s both attributes; just because someone is sitting on $1MM or has good cash flow doesn’t necessarily mean they have good credit because they may be “able” but not “ready”. The “readiness” to pay debt is indicated by things like the Paydex score (how timely open accounts are paid back) and how effectively other lines of creditor other leases/loans have been managed in the past. |
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Lester M. Salvatierra: Posted on Wednesday, April 04, 2012 12:25 AM
HOW IT WORKS: Photovoltaic (PV) cells are made of special materials such as polysilicon. When sunlight hits a solar cell, some is absorbed within the semiconductor material. As light energy transfers to the semiconductor it breaks electrons loose, allowing them to flow freely and efficiently convert direct sunlight into electricity for DC power generation. There are many companies throughout the U.S. whichspecialize in utility-grade solar power for commercial buildings of all types. For many small to mid-size manufacturers, this technology is a great opportunity to generate your own electricity, eliminate utility costs, take advantage of numerous subsidies and help save the environment. |
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Lester M. Salvatierra: Posted on Thursday, March 22, 2012 2:01 PM
LED and Solar technologies and interest in those markets is booming. The cost savings are tangible and the stability of much of the hardware has reached a level where its longevity can be relied on. Makeshift, flimsy equipment has, for the most part, disappeared and been replaced with extended warranties and well engineered products. Companies and manufacturers can save thousands of dollars by implementing the new energy saving systems but it takes capital to make those projects happen. How much capital? |
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Lester M. Salvatierra: Posted on Thursday, March 01, 2012 5:41 PM
First U.S. Finance has a new direct lender and capital partner with $19 billion in assets, established in 1923 and with expertise in the solar industry. They are the only ones offering a “PPOL Power Purchase Operating Lease” for up to 12 years in term. We are very excited to partner with them since we know it will be a great boost in our ability to finance our clients and vendors in the solar market. Here are some of the DETAILS and BENEFITS: - 2 Finance Options: Operating Lease Options from 3-12 years / Loan programs from 4-7 years
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Lester M. Salvatierra: Posted on Thursday, February 16, 2012 4:47 PM
Small businesses and companies have cash flow fluctuations which can sometimes be hard to manage. Sales are unpredictable and emergencies happen and a shortage for working capital can easily occur. A bank credit line is perfect for these situations but what if your bank line is near capacity? Getting cash quickly, within a week, can be tricky. As we noted, if you have good accounts receivables, Factoring is a fast, effective way to get capital but if you’re in a business with minimal receivables we have another great solution; Short Term Working Capital Loans. |
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Lester M. Salvatierra: Posted on Tuesday, January 31, 2012 6:56 PM
As a non-bank lender, we underwrite and finance equipment and projects through wholesale lenders and private investor groups. Much like the upcoming big game, we bring together all our skills and resources to get the task done. So, what is different with a private finance company like ours? We have the ability to finance equipment and projects which traditional lenders stay completely away from because of either credit or equipment reasons. Some recently completed projects which required “structuring” include: |
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Lester M. Salvatierra: Posted on Saturday, January 21, 2012 11:27 PM
Seasoned business owners understandthe power of financial leverage. This is particularly important for manufacturing companies, which require a significant investment in equipment, inventory and raw materials before they can start making sales. Often the key to success is to spend as little working capital as possible on these expenses, thus preserving cash flow for the actual operation of the business. When used properly, financial leverage can help any company achieve positive cash flow. |
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Lester M. Salvatierra: Posted on Friday, January 06, 2012 4:16 PM
What happens when a business client comes into your bank, requests a business loan or to finance some equipment and you can’t do it? Rejecting a client, at any level, is not easy but the first inclination for that business owner is to look for another bank which can fulfill their need and since many banks have similar guidelines, they are likely to get rejected there also. If that happens, their dignity will keep them from coming back to you so in either case; you lose a client both on the personal banking and business banking side. |
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