Category Archives: Equipment Financing

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Sell Equipment on a Payment Every Single Time

I’ve mentioned this before, but years ago, I sold cars for a while. I’m happy I did. I’m of the firm belief that selling cars is fantastic training for almost any businessperson, especially in any sales activity. It teaches you to work with people, handle rejection, and follow through. But, to me, the biggest thing selling cars taught… Read More »

What’s “Not Hot” in Equipment Financing for 2019

Ok, I did my “what’s hot” post, so now I have to discuss what’s “not hot” in equipment financing. Part of me would rather not do this, because it feels like a downer. Pointing out what businesses are not financing new or used equipment feels like it’s picking on them. But then I rationalize it’s more or less… Read More »

What’s Hot in Equipment Financing for 2019

It’s time for my annual “hot or not” in terms of equipment financing. I always look forward to doing this, because I find the equipment financing industry to be a very good microcosm of the country (and even society) in general. Seeing what industries are borrowing is a strong statement on what’s going on in a big picture… Read More »

Private Party Equipment Financing – An Overview

I get asked “does Crest Capital offer private party equipment financing?” or similar all the time. The answer to that question is “yes”, which makes our customers happy, because there aren’t too many equipment financing companies who offer private party financing (aka User-to-User financing). I’m going to devote a few posts to the topic of financing equipment from… Read More »

So What Does Equipment Financing Pre-Approval Mean?

My last post introduced our new tool for a self-assessment / pre-qualification for equipment financing. And while pre-approval is indeed a common phrase, we, like almost all lenders, do not actually approve any deal before seeing all of the details, regardless of any pre-approval status (plus, we procedurally buy the equipment for you, so the collateral part needs… Read More »