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Banking on business — Loan volume solid but won’t deter real estate slide

June 24th, 2008 by admin

Scott and Angie West bought Rocks Lodge, on Idaho 21 between Boise and Idaho City, in 1992.

They recently launched the Rocks Natural Idaho Spring Water bottling company after more than a year of research. They expanded the bottling company – for which they financed some equipment – into space that housed a restaurant and tavern on the site until last March.
The Wests did business with two leasing companies and were approved by a third – whose difficult terms they rejected, Scott West said. They entered five-year, fixed-purchase-option leases, at the end of which they are to pay a dollar and own equipment. Read more
Courtesy: www.idahobusiness.net

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