First Star Capital Expands Financial Services in Medical Sector

First Star Capital, an established national leader in the commercial equipment financing industry, is expanding its services in the medical equipment financing sector. The company has taken a variety of steps to focus on the specific financing needs of the medical and dental community, offering alternatives to traditional bank loans. They have announced that they have set aside significant funding resources to allocate to this division, increased lending limits for the application only programs, implemented a new working capital program and launched a comprehensive new website dedicated to medical and dental professionals. (www.firststarmedicalfinance.com).

The medical and dental industry has always been one of the company’s strongest performing sectors. “We recognized an opportunity to expand upon something that has always been a strong performer for First Star”, says President Brad Harmon. “We’re excited to ramp up our focus, allocate greater resources and provide more expanded financing options for medical practices and medical equipment vendors in a time when capital is scarce.”

In addition to adding more staff to service the growing division, First Star has launched a new website specifically for the growing medical equipment finance division (www.firststarmedicalfinance.com). “The new website was designed to showcase our expertise in medical equipment financing and provide medical professionals a comprehensive financing option for needed equipment replacements and/or additions. The site provides a thorough overview of the different types of medical lease and finance options available, tax benefits, payment calculators and all of the relevant credit and application documents”, says Harmon.

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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. They 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.

SunPods and First Star Capital announce a partnership for financing On-Demand solar power generation

SunPods Inc., a company delivering modular, fully integrated and tested solar power generation systems to customer sites has teamed with First Star Capital to make it easier for small and medium-sized operations (2.5kW to 400kW) to fund the purchase of solar electrical power generation.

SunPods delivers reliable, cost-effective solar power generation. SunPods’ unique Solar Smart Technology™ creates a modular, rugged solar power appliance from the most advanced components being produced.

First Star Capital recognizes that eliminating the uncertainty of cost and schedules that have normally been associated with solar power installations presents a unique financing opportunity. According to Brad Harmon, President of First Star Capital, “We can now treat solar power generation like any other capital investment. With traditional solar installations, the custom design and installation process make it harder to put together a financial package because each project has to be carefully evaluated for risk. SunPods eliminates the risk. We’re financing a capital acquisition, our expertise, not an engineering project.”

More accessible financing makes solar power generation a reality for more operations. “There is large demand at small to medium-sized installations, but financing is a necessity. For example, SunPods makes sense for agricultural operations but they need predictable financing so they can replace payments to utilities with payments on their own solar equipment. First Star Capital has the expertise and knowledge to make this happen.” observed Dan Jaeger, President of SunPods.

SunPods is currently shipping three product lines:
· SP-100 for commercial installations
· SP-300 for EV charging stations
· SP-500 for support of agricultural operations

Financing from First Star Capital for SunPods’ systems is available immediately.

About First Star Capital
First Star Capital is an established firm that has financed thousands of different businesses across the country and funded hundreds of millions of dollars worth of capital equipment. We are an independent commercial lender with a 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. Corporate headquarters are located at 3050 Citrus Circle, Suite 222, Walnut Creek, CA. 94598. Phone: 800-604-4817. Website:http://www.firststarcapital.com.

About SunPods Inc.
SunPods is expanding the solar power generation market by delivering modular, self-contained solar power appliances. Fully configured units are shipped from our factory to the site. Site preparation is minimal and there is no on-site assembly. SunPods’ units are pre-engineered, pre-manufactured and pre-tested in a rigorous factory setting making them ready to power up on delivery. SunPods makes project management and execution simpler and quicker. Corporate headquarters are located at 1922 The Alameda, Suite 214, San Jose, California 95126. Website:www.sunpods.com.