I’ve spent the last few posts discussing companies offering financing to their customers. It’s easy, it’s profitable, and it’s become very necessary. However, there are some people that are still not convinced. They don’t see how offering financing can help them. I can hear them now: “I don’t care how my customers get the money.” (I’ve heard that).… Read More »
Ok, last time I discussed businesses who sell equipment offering financing, and some of the assumptions companies have that keep them from doing such. My goal here is to show how inaccurate these assumptions are, and hopefully spark some interest to partake in this most excellent business activity. Last time, I reiterated that there’s no risk at all… Read More »
I have roughly 17,000 things on my desk today, all of which need my attention. To say businesses are looking to finance equipment in 2020 is an understatement. We, and every other lender out there, are busy. Overwhelmingly, businesses from coast to coast are buying equipment, and using monthly payments to make their purchases fit into the balance… Read More »
It’s September 2019, and that’s an important milestone for us. Because Crest Capital started business in September of 1989, which makes us… 30! 30 years is a very solid milestone for a business. To make 30 years, you need tenacity, a clear vision, a commitment to great service, and maybe even a little luck. And we’ve had all… Read More »
I’ll continue on Section 179, because I had a quick thought that I wanted to expand on. I have talked about Section 179 a lot, and how companies can use this great tax deduction to buy equipment that improves their operations and production. I have also talked about using Section 179 to sell more. In other words, if… Read More »