I recently talked about companies who financed equipment for the first time, and it reminded me of a story of a particular first timer. The company in question is a tree service company, and since he’s become a client, I’ve gotten to know the owner quite well. He started out with a bucket truck, a stump grinder, and… Read More »
We have a ton of repeat business at Crest Capital. Companies who finance equipment with us again and again. But it occurred to me that every equipment financing client, whether it’s ours or someone else’s, at some point in their company history financed equipment for the very first time. And for those companies, it was likely a daunting… Read More »
There’s a saying in the stock market that goes something like this: The best time to invest was ten years ago. The second-best time is right now. The implication is that there really is no better time than right now, unless we have a time machine. Which we (sadly) don’t. The same goes for acquiring equipment for your… Read More »
Happy New Year! It’s the day you’ve all been waiting for: the 2024 version of Fletch Predicts! I’ve been on a pretty good roll – AI was the buzzword for 2023 just like I thought it would be, and I hit on one sports pick too. And rates pretty much did what I predicted as well. Now onto… Read More »
It’s the holiday season again, and that means it’s time for my annual wish list. Last year, I asked for a few things related to economics. First and foremost, I wished for rates to stop going up. I knew this was a tall order for the earlier parts of the year, but lately this seems more promising. I… Read More »