Category Archives: Used Equipment Financing

Used Heavy Equipment Financing

My last post discussed construction equipment and how it’s not only revenue-generating but also holds its value relatively well. So a natural segue would be to discuss used heavy equipment financing, which I’m going to do here. Used heavy equipment financing is something Crest Capital has done for more than 30 years and remains one of our core… Read More »

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 »

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 »

Equipment Leasing Terms and Phrases – Maintenance and Repair

For our ongoing series on equipment lease terms, phrases, and details, let’s discuss the maintenance and repair of your leased equipment. For simplicity, we can call this the “wear and tear” clause. The general purpose of this clause is related to the residual value I mentioned last post. When a lease agreement is made, the Lessor (that’s us)… Read More »

Private Party Equipment Financing – Does Any Lender Do This?

Here’s another email I got from a prospective (and now) client. They were asking if we could finance a piece of equipment from a private party seller. And he was elated when our answer was “we’ll take a look” instead of a flat-out “no”. The reason he was elated is because this type of transaction is typically an… Read More »