It’s been a while since I talked about rates, so now is as good a time as any. First, not to pat myself on the back regarding my prediction skills, but I did say back in Feb 2023 that rates would continue to rise for a bit (they did) and then hold fast for a long time (they… Read More »
Hey, have you heard about this new AI thing? I’m kidding – of course you have. You can’t watch or read the news today without hearing about AI, and if you follow the stock market even a little bit, it’s been front and center for nearly two years now. AI is pretty amazing so far, and it will… 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 »
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 »