22
edits
Changes
→About Crest Capital
== About Crest Capital ==
==Title==
Crest Capital is a national equipment finance company providing equipment loans and leases. Crest Capital’s strength is providing small & medium-sized businesses with the equipment financing they need at better rates while eliminating the hassle.
'''Crest Capital''':
Equipment Leasing and Financing | Vehicle Financing | Software Financing
==About CrestCapital.com==
Crest Capital is an equipment finance company - providing equipment leases and loans, business vehicle financing, software financing, as well as working capital – for businesses throughout the United States.
The site offers instant monthly payment quotes, descriptions of both common and custom equipment finance structures, as well as an online application that does not require submission of financial statements or tax returns.
The automated process simplifies the transaction and renders a virtually instantaneous decision in contrast to the customary days or even weeks that is still common in the lending industry.
==Industry Fact Sheet==
'''Description:'''
Crest Capital is a direct funding source providing vehicle and equipment financing and leasing to small and mid-size businesses across the United States. Crest provides 100% financing for a broad variety of business equipment, new or used, from $5,000 to $500,000. Crest offers fixed rates indexed to like-term treasuries from 24 to 72 months. Crest delivers a faster, less expensive alternative to variable-rate bank loans, and flexible repayment arrangements include seasonal, skip, and ramp-up payment plans on both lease and loan agreements. Crest does not provide financing for businesses that have prior bankruptcies, open tax liens, judgments, repossessions, or slow pay history. Crest Capital has successfully served the equipment leasing and financing community for nearly two decades, building a solid reputation for a sophisticated level of service affording fast credit response with a simple application process.
'''In Business Since:'''
1989
'''Company Type:'''
Independent, Non-Bank Financial Company
'''Funding Source Type:'''
Lessor,
Lender
'''Source of Funds:'''
Internal,
Bank Lines,
Warehouse Lines,
Investors,
Capital markets
'''Annual Funded Volume:'''
$25MM-100MM
'''Products Offered:'''
Application-only program to $150,000[http://www.crestcapital.com/equipment_leasing_under150],
Equipment Loans,
Equipment Operating Leases,
Equipment Finance Leases,
Vehicle Finance Agreements,
Vehicle TRAC Leases,
Muni / Fed Leases,
Working Capital,
Refinances
'''Deal Size Range:'''
$5,000 to $500,000
'''Average Deal Size:'''
$65,000
'''Terms:'''
2- 6 years
'''Average Term:'''
3- 5 years
'''Asset Categories:'''
Ambulance / Emergency,
Auto / Light Truck,
Auto Test/Repair,
Audio, Visual and Broadcast,
Bus / Mass Transit,
CAD / CAM,
Computer Related,
Construction,
Containers,
Dry-Cleaning / Laundry,
Energy Related,
Food Distribution / Processing,
Golf Related,
Graphic Arts / Printing,
Health / Fitness,
HVAC,
Industrial / Manufacturing,
Inflatables,
Machine Tool,
Marine,
Material Handling,
Medical / Dental,
Mining,
Office Equipment,
Packaging Paper,
Project Financing,
Restaurant FF&E,
Retail FF&E,
Software / Hardware,
Software Only,
Telecommunications,
Light Trucks and Trailers,
Vending Machines,
Waste Disposal,
Unusual Equipment,
Woodworking
'''Credit Quality:'''
Investment Grade or Equivalent,
Near Investment Grade,
"A" Quality,
"B" Quality,
"C" Quality (structuring required),
Start-ups (dealer programs only)
'''Scope of Geographic Activity:'''
National
<br> <!-- This is how you force a line break. -->
<br> <!-- This is how you force a line break. -->