The NAELB, the National Assn of Equipment Leasing Brokers, is the largest organization in Equipment Leasing or Asset Based Lending that supports the small, independent leasing/financing co like myself.
The 2nd biggest conference of the year was held in Atlanta, GA and I was happy to learn that not only are fellow brokers like myself still in business and actively seeking deals, of the 52 funders who were there, only 2 had a freeze on of accepting new deals. All the remaining funders are actively seeking business and a couple of them announced new credit facilities or other money raises that are a signal that business is being done.
So the answer to the question of "Can I get a lease for my small to mid sized business?", the answer is clearly Yes.
Stu
Southern Lending Solutions
Monday, November 17, 2008
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