My 23 sources of funds for leases have their own sources of funds which include:
1) Bank Lines
2) Warehouse Lines
3) Internal Funds
4) Investment $$ (from capital markets)
5) Investment $$ (from private individuals)
6) Other Finance Companies
7) Securitization and Syndication
The sources of funds are many and varied so while banks are a part of the first 2, they are not much of a factor in the other 5 and that's why these companies are staying relatively healthy in this marketplace so leases are still be written and in fact, more A paper leases are being written than ever before since banks are not lending to these customers the way they used to.
Monday, October 13, 2008
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