Ginny Young, an Original Member Leasing News Advisory Board
Ginny is one of the original founders of the Leasing News Advisory Board. She had been in the finance industry for 35 years, including being very active for over 20 years in equipment leasing. She retired from the commercial finance industry in 2005. Since closing Brava Capital, Ginny has become CFO of the family’s construction business which builds municipal playgrounds for schools and parks. "We are a construction company and like most companies of all types, our gross sales have been affected quite a bit. We saw a 20% decrease in business in the last quarter of 2008. "The first quarter of 2009 seems a bit worse. The vast majority of our customers are municipalities and for the first time in 24 years of business we are experiencing order cancellations. "About 7% of our customer's are general contractors and we are experiencing high delinquency in this area. If I was asked the same question prior to the last quarter of 2008, I would have told you we are posed to have the best year ever, oh well. The year 2007 was our best year, just ask the IRS."
Her prior company Brava Capital specialized in franchise financing. She was a very active member of the United Association of Equipment Leasing having chaired several committees, worked on regional committees and was a speaker/panelist at annual conferences. She wrote articles for "Newsline." She chaired the very successful 1999 Annual Conference and Exhibition and served on the Board of Directors for four years. Ginny Young
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