Author Archives: theLeaseGuy
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 »
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 »
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 »
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 »
It’s September 2019, and that’s an important milestone for us. Because Crest Capital started business in September of 1989, which makes us… 30! 30 years is a very solid milestone for a business. To make 30 years, you need tenacity, a clear vision, a commitment to great service, and maybe even a little luck. And we’ve had all… Read More »