I was talking to my friend Edward the other day. Edward owns a landscaping and small equipment repair business, and he’s been very successful over the years. He’s also a customer of ours, and has been for more than a decade. We got to talking about business growth, risk, and what it takes to be successful. And he… Read More »
One thing we’re very proud of at Crest Capital is the minimal amount of paperwork we both require, and generate. Time was when equipment financing was ALL paper-based. You filled out a paper application, you usually got an answer via another piece of paper, if you were approved everything was put on paper for you to sign, and… Read More »
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 »
My last post introduced our new tool for a self-assessment / pre-qualification for equipment financing. And while pre-approval is indeed a common phrase, we, like almost all lenders, do not actually approve any deal before seeing all of the details, regardless of any pre-approval status (plus, we procedurally buy the equipment for you, so the collateral part needs… Read More »
In my last post, I reported that small business optimism is at an all-time high. And now I want to discuss a point that all businesses should take into consideration during this excellent wave of optimism and confidence. It’s pretty obvious, but it’s always worth repeating: it’s time to improve your company. Experts will suggest that any time… Read More »