Category Archives: Small Business

Coca Cola need not read this

The “Yes” Means Something

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 »

Financing Equipment for the First Time

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 »

Using Section 179 Early in the Year

Let’s talk about making Section 179 acquisitions early in the year. Because it’s a great time to take advantage of this excellent tax deduction. I can hear you saying “But Fletch, nobody talks about Section 179 early in the year. In fact, I never even think about it until the fourth quarter when I’m scrambling to get my… Read More »

2024 Thought: It’s Always the Best Time to Finance Equipment

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 »

Applying for Equipment Financing – Application Only

In general, there are two distinct ways to apply for equipment financing: Application-Only, and Financial Disclosure.  The details of each will vary depending on your lender, and what one lender calls Application-Only may differ from what another lender considers it, but in the big picture, most equipment finance applications will come down to one of the two. The… Read More »