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Business Financing in California (CA)

Equipment Leasing in California

Population of California (CA)

  • Estimated Population: 37,691,912
  • Estimated Business Population: 697,082

Geography of California (CA)

  • Land Area (in kilometers squared): 403,933
  • Capital: Sacramento
  • Time Zone(s): Pacific

Economy of California (CA)

  • California Gross Domestic Product (GDP in $Millions): $1,936,400

Politics of California (CA)

  • Senator: Dianne Feinstein
  • Senator: Barbara Boxer

History of California

California was colonized by the Spanish Empire in the late 18th century as an area known as Alta California. In 1821, it became a part of Mexico as a result of the war for independence. After America's victory in the Mexican-American War between 1846 and 1848, the Treaty of Guadalupe Hidalgo was signed, which gave Alta California to the United States. California is known for the Gold Rush, its entertainment industry, and common occurrence of earthquakes. It became the 31st state of the United States on September 9, 1850.

Main Industries

California boasts a wide variety of thriving industries. Entertainment and tourism are dominant industries in California. Because California is the home of the film industry, with Hollywood, Sony Studios, Pixar, Universal Studios all located in the state, Taycor has been involved in audio visual equipment financing there. Taycor has also financed agricultural and IT equipment in the state, as California has prosperous agriculture and technology industries, as well as other economic contributors such as aerospace, education, and manufacturing.

Future of Industries

In the past century, California saw the rise of technology and information industries, predominately in Silicon Valley. In the past 50 years, Silicon Valley has grown to become the capital of innovation and technology. Notable companies with headquarters in Silicon Valley include Google, Hewlett-Packard, eBay, Yahoo!, Apple Inc., and Facebook, to name a few. The area is still growing and quickly becoming one of California's dominating industries. Since 1999, Taycor has financed IT equipment, computer, and software to companies in California and is ready to expand and grow with the industry.

Tax Information for Popular Cities

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