CalFirst Leasing Corporation is a wholly owned subsidiary of California First National Bancorp (NASDAQ: CFNB), which also operates an FDIC-insured National Bank. California First National Bancorp has over $193 million in stockholders' equity and more than $469 million in assets (as of December 31, 2010). A strong balance sheet results in access to funds in financial markets at a lower cost. It also means that we've got a rock-solid financial base that you can count on for continued service whenever you need it.
Below are the top 10 reasons we are the preferred lender and
lessor to American businesses.
We Simplify Your Forecasting
With fixed rate financing, you'll know at the onset what your payments will be for the duration of the lease.Direct Lender
We are a direct financing source and are affiliated with a national bank that is FDIC insured and a member of the American Bankers Association (ABA)Looking Out for You
We preserve your capital while enabling you to acquire the equipment and capital assets you need.Convenience, Speed, & Flexibility
We provide a master lease so you can quickly and easily add new equipment through schedules, streamlining your paperwork and our approval process.Freedom to Choose
We give you the freedom to select the vendor(s) of your choice.Improving Your Ratios
We offer off balance sheet financing that can lower your debt to equity ratio, raise your current ratio (liquidity) & increase your return on assets (ROA). (Please consult your accountant regarding the potential benefits of leasing in your particular situation.)We Give You Options
We have a broad array of capital and operating leases to choose from, keeping your organization up to date and competitive within limited budgets at the lowest cost possible.We Know What You Need
With our years of experience in this industry, we are able to quickly exceed your expectations.Technology Stays Current
We specialize in 100% hard and soft IT costs, which allows you to upgrade your technology and stay competitive in your industry.Improve Cash Flow for the Future
The rental payments of our leases are usually less than debt financing payments. This represents real cash savings for your future investment in your growth.