Happy New Year! It’s the day you’ve all been waiting for: the 2024 version of Fletch Predicts! I’ve been on a pretty good roll – AI was the buzzword for 2023 just like I thought it would be, and I hit on one sports pick too. And rates pretty much did what I predicted as well. Now onto… Read More »
We don’t mention this enough here at Crest Capital, but one thing that is a big advantage to our customers is our willingness to go over and above – both figuratively and literally. Figuratively is our excellent service. But how we literally go “over and above” is by financing soft costs and extras. Indeed, a full 25% of… Read More »
It’s the holiday season again, and that means it’s time for my annual wish list. Last year, I asked for a few things related to economics. First and foremost, I wished for rates to stop going up. I knew this was a tall order for the earlier parts of the year, but lately this seems more promising. I… Read More »
In my previous blog post, I discussed the two general ways equipment financing is applied for: Application–Only and Financial Disclosure. I then went over the details of Application-Only, and noted how it is fast and easy, requiring one simple form. But today we’re going to discuss Financial Disclosure Equipment Financing. This is where the lender needs more information… Read More »
In general, there are two distinct ways to apply for equipment financing: Application-Only, and Financial Disclosure. The details of each will vary depending on your lender, and what one lender calls Application-Only may differ from what another lender considers it, but in the big picture, most equipment finance applications will come down to one of the two. The… Read More »