We’re talking about lending restrictions in 2024, and first up is the notorious blanket lien. First let’s talk about liens in general. In business/lending, a lien is when a lender claims the right to property belonging to the borrower until the debt owed by that borrower is discharged. The mainstream talk on liens is usually related to vehicles.… Read More »
Sometimes I look at old blogs to see topics I haven’t discussed in a while. And one topic I like revisiting every few months is your company offering financing. If you read this blog, you’ll see I hit this topic a few times because I feel it’s an essential part of any business. But what spurred me to… 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 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 »
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 »