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Confirmed---Saddleback Financial Riding Off into the Sunset “Precom Technology doesn’t want to fund any more leases,
“ Saddleback vice-president of operations Rick Skinner said.” “We are
winding down the operation, myself, and a couple of other ‘ops”, as we want a smooth
transition.” He said all fundings would take place, all salesmen, and
all bills paid since Precom Technology purchased the “assets only” of Saddleback.
The company has gone through five owners, perhaps more, since its inception,
including once being part of Unicapital, who is in bankruptcy. The “liabilities” from the former corporate structure were
not included. Mr.Skinner said
he and his crew were going to join another leasing company as individuals, not as Precom Technology, but it was premature
to make the announcement. “ We want to take care of all our responsibilities, keep
our good reputation, clean up a few deals in the works, and you are right, we
will then ride off into the sunset.” Saddleback Financial Corporation 625 The City Drive, Suite 140 Orange, CA 92668 Contact: Robert M. Fode 714-938-9500 or fax @ 714-938-9510 http://www.leasingnews.org/bulletin_board.htm#saddleback |
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