Category Archives: Equipment Financing

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Top Ten Reasons Recap – Yes, Equipment Financing Companies are better than the bank.

I spent the better part of this year blogging about “ten reasons why equipment financing companies are better than the bank”.  For a quick refresher, here’s the list, along with a comment or two. SIMPLICITY – We keep things simple – the bank doesn’t. UPFRONT COST – Our upfront cost is definitely lower. COLLATERAL – We have less… Read More »

Reason #10 why an equipment financing company is better than a bank – NO RE-QUALIFYING EVERY YEAR

And here we are – the long-awaited conclusion to my “10 reasons why an equipment financing company is better than a bank”. So let’s waste no time and end the suspense: reason 10 is the simple fact that an equipment financing or equipment leasing company will not ask you to re-qualify for the loan every year. And the… Read More »

Reason #9 why an equipment financing company is better than a bank – RATE ADJUSTMENT

Boy, we’re almost there. We’re all the way to number nine in our “ten reasons why an equipment financing company is better than a bank” series. And reason nine is a pretty simple one – an equipment financing company offers fixed term rates. The bank would prefer an adjustable rate. To illustrate this, let’s pretend I’m an equipment… Read More »