Let’s continue with my series on how lenders arrive at rates. This time we’ll talk about loan types and intended use, which, honestly, is one of the easier ones to explain. In plain terms, most lenders want to know what you are going to do with the money they lend you. This is true for consumer loans (your… Read More »
Sometimes I look at old blogs to see topics I haven’t discussed in a while. And one topic I like revisiting every few months is your company offering financing. If you read this blog, you’ll see I hit this topic a few times because I feel it’s an essential part of any business. But what spurred me to… Read More »
Sometimes I get a thought in my head and it takes several different directions. I’ll write a post about it, then I think of a different angle on the same thought, and I’ll revisit with another post. This is one of those times. Recently I posted about financing equipment and how a lender saying “yes” is very validating… Read More »
We finance all kinds of equipment at Crest Capital. But one of the more popular types of lending we do is financing heavy equipment for the construction industry. There are several reasons for this, chief amongst them is the construction industry is always on the move. When buildings go up, you need heavy equipment. When buildings come down,… Read More »
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 »