Services and Opportunities - Financing
June 5th, 2009
CAA Members enjoy a special opportunity to obtain development or expansion funding, while benefiting the association. Great Sierra Financial Company and Fred Gilson have been providing financial products and solutions to credit worthy California businesses for over 30 years. Great Sierra joined CAA because it already includes on its list of satisfied clients several members of the California Aquaculture Association. You are invited to apply to join that list.
With decades of experience at leasing companies and as a bank business development officer, Fred can usually get it done. Great Sierra Financial provides lease financing out to 5 or 6 years on all manner of production equipment, including pumps, filtration, valves and piping, grow out tanks, transportation systems, aerators and oxygenation equipment, processing and quick freeze equipment and even entire Butler type buildings. Lease financing usually uses the equipment itself as the collateral. Also, lease financing provides a fixed payment so you can plan your cash flow, and not be subject to changing rates in this changing credit market.
You don’t have to apply to your bank and face another deed of trust on the property. You install most of what you need and have it paying for itself, every month out of your monthly profits. Leasing allows you to secure firm financing for equipment out to two or three month’s delivery time in the future, and have it all financed on one contract. We can usually also include equipment that you bought and paid for last week or last month, refunding that out of pocket cash. Imagine what that can do for your ready cash position.
Lease financing can provide several advantages over conventional financing. Not only can leasing provide 100% financing of the equipment cost, the costs for freight, sales tax, installation, training and site preparation up to an additional 20% can be included.
We can also provide financial consultation and underwriting services and willing funding institutions for land loans, whether the expansion of your current property or the purchase of new property, and the purchase or sale of entire farms.
We can help you plan for the future, not only in the growth of your business, but in preserving company value for the next generation, providing acceptable exit strategies and protecting estate value. There is no application fee for our credit review process. An application is available by mail from Great Sierra Financial at 40 Corte Real Drive, #2, Greenbrae, CA 94904, Phone 415-456-8800, and email at fredhere1@lanset.com.



