Normally we don't allow advertisements, but this falls in the category of "news."

Damian Novak came up with the idea for an online golf club leasing business when he realized he was trading his clubs in every year for new ones.

TopSwing Leasing is now 2 years old and has about 250 sets of clubs out on leases.

Novak says TopSwing will soon close on a $10 million line of credit that it can tap to expand its golf club and game business.

"When the (golf) Web site was first launched we underestimated demand" for clubs, Novak said.

He says the real profit comes from when the clubs are either bought by the customer at the end of the lease, or returned and then resold to the secondary market such as second hand sports stores.

http://www.topswingleasing.com/