Vendor Financing 101presented by First Star Capital
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About First Star Capital

First Star helps equipment vendors close more sales. We can offer your customers a variety of payment options. These options will ensure that your invoices are paid promptly. First Star is known for its long term partnerships and "win-win" approach to business.

We will customize our financing options to accommodate your sales process & cycle. First Star can provide:

  • Variety of terms and programs
  • Extended credit lines for customers allowing them to increase their orders size
  • Equipment upgrade flexibility
  • Online and offline transaction processing
  • Joint marketing & private label programs
  • 1 page "application only" programs up to $200,000 with same day approvals
  • Streamlined and concise documentation
  • Prompt funding

Our existing vendor partners have reported annual sales growth of 30% - 50% due to the funding relationship with First Star. Successful vendor relationships are based on a thorough understanding of business processes, needs, and goals. Your First Star account manager will invest the time to understand your product and typical sales process in addition to your customers needs.

First Star Capital is an established 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 $10,000 and $10,000,000. We have a substantial asset base on our balance sheet which allows us to offer some of the most comprehensive and competitive equipment financing programs in the industry. 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.

Our clients include businesses from a range of industries throughout the country. We are dedicated to timely actions and the ultimate success of our customers. First Star values your business and will go above and beyond the call of duty to exceed expectations. There is a reason why our new clients consistently become our old clients and our best source of new business.

The dedicated team at First Star Capital is always willing to help. Our employees are highly trained professionals. We take pride in being harder working and more motivated than our competitors. You will almost always be able to speak directly with an equipment finance specialist, a certified leasing professional or an officer of the company. First Star has rapidly become the standard for superior customer service. We are proud of the fact that most of our business comes from existing customers and word of mouth referrals. Exceptional personal service is the reason that 95% of our customers plan on working with us again and would recommend us to their peers.

First Star Capital has multiple Certified Lease Professional’s on our staff. The CLP designation is only given to those individuals that have demonstrated success in the leasing industry for a minimum of five years and have completed a thorough training program covering 16 subjects and have passed the most rigid test in the industry. To put it in perspective, the equipment lease and finance industry accounts for nearly $600 billion in annual capital equipment expenditure - almost a third of all commercial equipment investment. Eight out of 10 U.S. companies lease and finance all or some of their equipment. There are roughly 4,000 - 5,000 leasing firms in the U.S but there are only less than 250 CLP’s.

First Star Capital is a BBB (Better Business Bureau) Accredited Business. The BBB adheres to the highest standards of professional conduct and this accreditation means that we are part of an elite group with a proven track record for being honest, dependable and responsive. First Star is also a proud member of two prominent industry associations; the NEFA (National Equipment Finance Association) and the NAELB (National Association of Equipment Leasing Brokers).

We are a Licensed Finance Lender in the state of California. Our Licensed California Finance Lender number is #6052379.

 

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Vendor Financing 101™ is a subdivision of First Star Capital. All rights reserved.

Vendor financing and leasing information, resources, tips, and articles. Everything you need to know about vendor financing, all in one place.
Vendor Financing 101 is a great tool for small businesses. We have helpful information regarding leasing and financing vendors can offer their customers as
well as receive financing for their own business. Vendor Financing 101 has many articles, tips, and tutorials on vendor financing, sales, marketing, and
customer sevice. We also have free resources such as applications, flyers, and informational packets. Note: Our free resources are not to be distributed
or sold without our consent.

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