Equipment Leasing and Financing Since 1984
In This Issue
A Message From
Our Founder
The Holidays are upon us!
Isn’t it absolutely amazing… we’re well into the 4th quarter of 2005 – and
I’m sure it was only yesterday that we had trouble remembering to write 2005
instead of 2004 on all our correspondence.
I guess it’s time to reflect on the year… Pacifica Capital celebrated our
21st year offering our customers flexible alternatives to depleting their
cash for equipment acquisitions. Year-to-date Pacifica Capital is enjoying
an excellent year helping our vendors offer financing solutions in order to
increase their sales. The economy continues to re-emerge and our customers,
vendors and lenders tell us their respective businesses are in a steady
growth-mode once again.
2005 is a great year to acquire and finance capital equipment... Our
customers continue to be able to take advantage of the Section 179 Tax
Deduction. Businesses can deduct up to approximately $105,000 (adjusted for
inflation) of qualifying property in 2005. In the years 2006 and 2007, the
$105,000 limit will be increased by inflation adjustments. For lessees who
choose to structure their lease as a capital lease (with a fixed purchase
option amount, whether it is one dollar or another amount), they may treat
the lease like a loan and depreciate the equipment. Unfortunately, the
previously available first-year bonus depreciation (whereby businesses were
able to depreciate up to 50% of the cost of long-term assets in a single
year) ended on Dec. 31, 2004.
So… as we move towards Thanksgiving – I want to express my sincere thanks to
everyone who has contributed to our longevity and success over these many
years of growth and change. It has truly been, and continues to be, a
remarkable journey for the extended Pacifica family.
On behalf of everyone at Pacifica Capital, I wish you continued success,
good health and happiness.
Bette Kerhoulas
Credit Score
Criteria Credit scores vary on a scale from 400 to 900 - the higher the score, the
better the rating. Generally, credit scores over 800 are in the top 10
percent of the population. A score around 720 is considered to be right in
the middle, and a score below 575 is in the bottom 10 percent. According to
Fair Isaac, a credit score is determined by the following criteria:
| Criteria | % Of Total Credit Score |
| Payment history | 35% |
| Amounts owed and amount paid | 30% |
| Length of credit history | 15% |
| Number of credit applications | 10% |
| Types of credit | 10% |
Identity Theft
Who to contact if your information is compromised.
If you discover that your information or identity has been compromised, act
quickly to stop the illegal use of your good name and credit. Here are the
most important groups to contact:
Credit Reporting Agencies
A single call to just one credit reporting agency is all you need to have a
fraud alert placed on all three of your accounts within 24 hours.
Equifax Fraud Department
888-766-0008
www.equifax.com
Experian Fraud Department
888-397-3742
www.experian.com
TransUnion Fraud Department
800-680-7289
www.transunion.com
Financial Institutions & Creditors
Contact your credit union, other financial institutions, and your creditors
to close the affected accounts and open new ones. Change all personal
identification numbers (PINS) and passwords, even on unaffected accounts.
Notify Officials
File an identity theft report in the police jurisdiction that you reside in;
contact the Federal Trade Commission to report the crime; notify your local
postal inspector if mail has been stolen; and notify the Social Security
Administration if your Social Security number has been used to gain
employment.
These are examples of recent transactions. Pacifica Capital offers financing for virtually any type of equipment, system or technology.
| Amount | Equipment |
| $2,110,000.00 | Gambling Equipment |
| $1,410,000.00 | Industrial / Manufacturing |
| $663,000.00 | Restaurant |
| $390,000.00 | Production |
| $347,000.00 | Forklifts |
| $287,000.00 | Racking/Shelving |
| $256,000.00 | Machine Tool |
| $209,000.00 | Computer Equipment |
| $184,000.00 | Software |
| $172,000.00 | Point of Sale |
|
Contact Us
|
Pacifica Capital Headquarters |
Comments or Questions? Please Email Marketing Department