Yes You Should Still Borrow In a Higher Rate Environment

I had an interesting conversation right after the “big” June rate hike.  A customer was in the process of buying a new machine they needed, and the rate hike happened right in the middle of their “which of these two models should we buy?” discussion. And since like most businesses they were going to finance the machine, they… Read More »

theLeaseGuy

Control Over Your Assets is Very Important Today

Over the years, I’ve spoken quite a bit about the restrictions that are common on almost all bank loans, and how they can really make things tough on a company.  To refresh, the three I mention most are: Blanket Liens – This is where the bank slaps a lien on your entire business, meaning you cannot do what… Read More »

theLeaseGuy

This is Growth

Let’s meet Chuck.  Chuck owns a construction company, and over the last 17 years, has financed equipment four times with Crest Capital. Chuck’s first deal was in 2005. He was, I think, a three-person company at the time. He and two friends got together a few years prior doing contracting work, and also subbed out to some larger… Read More »

theLeaseGuy

Rising Interest Rates Works Both Ways

As many of us figured they would, the fed just raised interest rates again. This time by a half point, the largest single increase in two decades.  Many predicted these hikes, and if comments by pundits and economists are to be believed, rate hikes will continue for the foreseeable future.  That said, rising interest rates are not all… Read More »

theLeaseGuy

TVM and Section 179

Quick question: If I offered you one of three choices: $5,000 cash right now, $5,000 in a few years, or $1,000 a year for five years, which would you take?  Most of you would say $5,000 right now, which is the correct answer. There are a lot of reasons why most people feel this is the correct answer.… Read More »

theLeaseGuy