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A Message From Paul Burnham, CEO of EL Dorado.
I have a thought regarding your business expenditures that can save you real money.
Operating a business requires a steady flow of capital. Our loans and lines of credit may be smart, affordable ways to meet routine business expenses with ease.
With our hassle-free application process and quick decisions, you may get the money you need when you need it most.
1. Cash is king, point to it on the top line of your balance sheet, smile at it, preserve it.
2. All businesses must use a bank and may have a bank credit line, preserve it for emergencies, nurture and guard the relationship.
3. Vendors may provide financing(example 0.0% financing for 60 months). Chrysler may be a good example. The price of the equipment is being inflated to cover the cost of the financing. This is called a “blind discount”. If there is more than one vendor it can be cumbersome to communicate.
4. El Dorado Commercial Finance is the fourth (4th) choice. Tried and true. El Dorado is not tied to any one equipment vendor or financial institution. Your project is very important to us. Save significant time and money. Our pledge is very straight forward transparent financing with no surprises.
All together our staff has significant industry experience. Don’t put all your eggs in one basket: diversify, diversify, diversify. If the bank sneezes you don’t want to catch pneumonia. El Dorado will assist you in protecting your cash, nurturing your existing bank relationships, communicating with disparate vendors, diversifying your financing resources, expanding your available resources and most importantly, saving you significant time and money.
Let El Dorado GET EQUIPMENT on time, cost-effectively.
*2020 - April 2021 - Past President, Board of Directors, the American Association of Commercial Finance Brokers (AACFB)
*2019 - 2020 - Elected by peers, President, Board of Directors, the American Association of Commercial Finance Brokers (AACFB)
*2017 - 2019 - Elected by peers, Director, Board of Directors, the National Association of Equipment Lease Brokers (NAELB)
*2001 - 2005 - Sales Management at a local national bank owned lessor which played a part in the explosive growth of the equipment financing industry in the USA.
If you have any comments about our WEB page, you can write us at the address shown above. However, due to the limited number of personnel in our corporate office, we are unable to provide a direct response.
California Finance Lender License Number 60DBO-35811