The Hardest Part of Growing a Business

I was talking to my friend Edward the other day. Edward owns a landscaping and small equipment repair business, and he’s been very successful over the years. He’s also a customer of ours, and has been for more than a decade. We got to talking about business growth, risk, and what it takes to be successful. And he… Read More »

theLeaseGuy

Eroding the Mountain of Paperwork

One thing we’re very proud of at Crest Capital is the minimal amount of paperwork we both require, and generate. Time was when equipment financing was ALL paper-based. You filled out a paper application, you usually got an answer via another piece of paper, if you were approved everything was put on paper for you to sign, and… Read More »

theLeaseGuy

The Easy Way to Think About Section 179

As you know, I write about Section 179 a lot. Because it’s an excellent way for businesses to acquire equipment, and can really save a company a lot of money. But sometimes, I get frustrated with how Section 179 is often presented. I’m a plain-language guy, and once something starts to sound too much like an advanced-level economics… Read More »

theLeaseGuy

The Need for New Equipment is Not Always Predictable

I often talk about the advantages of financing equipment with an equipment financing company over the bank. One key advantage is that we do not require blanket liens or minimum balances kept in the bank. The lack of these two particular restrictions on an equipment loan allows companies to be very nimble, and get more financing quickly and… Read More »

theLeaseGuy

Buying Equipment at the Speed of Light

I hear it over and over again from our equipment financing customers – that they are continually impressed with how fast we fund deals.  In plain terms, many businesses are used to the Bank’s pace of doing business. And the bank takes it really slow. In many cases, it can take several days to a week to get… Read More »

theLeaseGuy