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 »
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 »
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 »
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 »
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 »