Category Archives: Small Business

Coca Cola need not read this

Tell Your Customers About Section 179

If you read here at all, you know I’m big on Section 179. It’s only the best tax deduction available to small and mid-sized businesses, and can make a huge difference in your bottom line. *For those who don’t know, Section 179 allows businesses to write off the full price of qualifying equipment (which is almost anything a… Read More »

Using Financing as a Hedge Against Rising Prices, Interest Rates, and Inflation

2021 has been a weird year. The pandemic is still hanging in there, but we’re moving forward to some sense of “normality”. But this normal is indeed a “new” one. Regardless of where the economy is going (and we’re quite optimistic here), it’s clear that on the whole, everything is going to cost more for the foreseeable future. … Read More »

Business Credit Requirements – Have Things Changed During Covid?

I’ve been asked more than once if Covid has affected the credit requirements for businesses looking to finance equipment. The short answer is “no, not for us”. There are lenders that have changed their requirements (specifically lenders that already took on high-risk loans), but Crest Capital’s requirements are exactly the same as they were pre-Covid. And with that… Read More »

What’s Hot in Equipment Financing in 2021

As many readers know, I’ve usually written my yearly “hot and not” posts in the spring or summer. However, I didn’t write one last year, because it seemed wrong when everything was shut down due to the pandemic. But here we are in 2021, COVID restrictions are easing (if not gone), and many industries are returning to normal.… Read More »