I hear it over and over again from our equipment financing customers – that they are continually impressed with how fast we fund deals. In plain terms, many businesses are used to the Bank’s pace of doing business. And the bank takes it really slow. In many cases, it can take several days to a week to get… Read More »
It’s September 2019, and that’s an important milestone for us. Because Crest Capital started business in September of 1989, which makes us… 30! 30 years is a very solid milestone for a business. To make 30 years, you need tenacity, a clear vision, a commitment to great service, and maybe even a little luck. And we’ve had all… Read More »
Very often, small and medium businesses who’ve been turned down for an equipment loan don’t know what to do next. And since I work in the equipment financing industry, let me give a few pointers on what to do for companies who were turned down. First things first: If you were turned down by a bank, apply somewhere… Read More »
It’s been a few years since I discussed financing CNC machines. But it’s a good topic to revisit because CNC machine financing continues to be a very strong part of the equipment financing industry. The reasons for the popularity are pretty easy to understand: CNC machines are incredibly useful to all manner of industries, and as technology increases,… Read More »
I’ll continue on Section 179, because I had a quick thought that I wanted to expand on. I have talked about Section 179 a lot, and how companies can use this great tax deduction to buy equipment that improves their operations and production. I have also talked about using Section 179 to sell more. In other words, if… Read More »