FREQUENTLY ASKED QUESTIONS


  1. Why does your program cost so much less than others I have seen?
  2. How can I be sure the quality of the training material is as good as other programs?
  3. What if I need help in the future with questions or problems?
  4. Can I operate this business from my home.
  5. What kind of equipment will I need?
  6. What is the income potential?
  7. Just how do I make money in this profession?
  8. Who are prospects for leasing?
  9. How will I get funding for the leases I generate?
  10. Am I liable if the lessee doesn't pay the lease payments?
  11. How much money do I need to get started?
  12. I'm retiring soon but would like to keep somewhat busy. Can this be operated as a part-time business?

Why does your program cost so much less than others I have seen?

First of all, we have no commissioned sales people selling our business opportunity program. Second, we don't have flashy (expensive) video and audiotapes and brochures. Last, our program is designed to be primarily self-taught. You select the level of assistance you need (want). Most of our training material will come to you as a PDF book that saves us printing and shipping expenses. We pass those savings on to you!


How can I be sure the quality of the training material is as good as other programs?

Ted Parker, the founder of California Capital, is an acknowledged leader in the equipment leasing industry. He is a past president of United Association of Equipment Leasing, a national trade association for equipment lessors. He first started producing training material for the industry almost twenty years ago and has often been called on to present workshops on a variety of leasing topics. Ted is one of the leasing industry's first Certified Leasing Professionals (CLP) and was an editor for "The Leasing Professional's Handbook", published by the United Associated of Equipment Leasing and is a qualified expert witness in civil litigation involving equipment leasing.


What if I need help in the future with questions or problems?

Depending on the program level you select, you will be entitled to a block of time where you can submit your questions or problems. If it is something we can give you a quick response to we are happy to do so. If it is more involved and you have fully utilized you allotted time, we can discuss a consulting arrangement.


Can I operate this business from my home.

Yes, very easily assuming there are no local restrictions on home based businesses.


What kind of equipment will I need?

Actually, you will need very little in the way of equipment. A computer and printer fax machine and telephones are the big items. We give you complete equipment and supply list as part of our program.


What is the income potential?

The fall, 2002 United Association of Equipment Leasing annual conference is having a workshop featuring "Top Gun Salesmen". To qualify for the panel of presenters your W-2 for last year had to show more than $250,000!!


Just how do I make money in this profession?

It is really pretty simple. When a lease application is approved the funding source will give you a "buy rate" (interest rate) or a lease factor. Say you have a $20,000 piece of equipment and would like to make a 10% commission on this lease. The commission would be $ 2,000 and is added to the cost of the equipment in calculating the lease payment. Multiply $22,000 by the lease factor, or interest rate, in order to calculate the customer's lease payment. We show you how all the calculations work as part of our program. By the way, do just one lease like this every week and you have a six-figure income!


Who are prospects for leasing?

Over 80% of American businesses lease some of their equipment and will be prospects for your services. And, most every kind of personal property, including computer software, can be leased.


How will I get funding for the leases I generate?

We will show you how to develop funding sources for the types of business you will be generating. Part of your business plan will be to identify those businesses you wish to pursue. We'll target funding sources that match the types of business you'll be seeking.


Am I liable if the lessee doesn't pay the lease payments?

No. You generally have no responsibility if the lessee doesn't make the lease payments.


How much money do I need to get started?

To be on the safe side you should have 12 months of living costs and expected business expenses covered. One of the leading causes of business failure is insufficient start-up capital. Writing a business plan, which we strongly urge you to do, will provide you with accurate information on your capital needs.


I'm retiring soon but would like to keep somewhat busy. Can this be operated as a part-time business?

Absolutely! This is a perfect part-time business. Remember, you set your own hours, where and when you want to work. For people like yourself who want to stay active but not on a full time basis or for those who may want to ad equipment leasing to a service they are already providing, such as insurance or accounting. It is also perfect for those folks that may need to make a slow transition into the business due to financial constraints.




CALIFORNIA CAPITAL LEASING CORP.
122-A EAST FOOTHILL BLVD., SUITE 317
ARCADIA, CA 910016
800/564-2404 FAX 626/305-0019
E. Mail:
ted@cclease.com