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Crest Capital

From EverybodyWiki Bios & Wiki


Crest Capital logo
Private
ISIN🆔
IndustryDiversified financial services
Founded 📆1989; 37 years ago (1989)[1]
Founder 👔
Headquarters 🏙️,
Atlanta, Georgia
,
USA
Area served 🗺️
Key people
Mark French[2]
(President)
ServicesEquipment financing
Equipment leasing
Software financing
Members
Number of employees
🌐 Websitewww.CrestCapital.com
📇 Address
📞 telephone

Crest Capital is an equipment financing and leasing company, based in Atlanta, Georgia.[1][3] It was reviewed by Business News Daily and Business.com as best equipment financier of 2020,[4][5] and by Investopedia as best overall equipment financing company of 2021.[6]

Background

Crest Capital was founded in 1989, and it is based in Atlanta, Georgia.[1] Its president is Mark French,[2][7] Charlie Hanavich is the CART Director[1] and Chris Fletcher is the Senior Vice President of National Accounts.[8]

Business and services

Crest Capital provides financing to businesses for purchase or lease of new or used equipment.[3][9][10] It provides equipment, vehicle, furniture, and software lease and loan agreements to small and medium-sized businesses.[1] Crest Capital also offers leasing and financing for agricultural, automotive diagnostic, food service, forestry, health, industrial, manufacturing, medical, office, packaging, printing, retail, software, technology and other general types of equipment.[1][11]

Crest Capital assists businesses to benefit from Section 179 depreciation deductions to write off acquisitions of equipment and software.[12][13] Crest Capital Section 179 Calculator[14] is recommended by some dealers and advisors.[15][16] As of 2011, businesses were able to claim up to $500,000.[16] This deduction also applies to the acquisition of software, computers, cars and other equipment used in the business.[7][12][13]

Through Crest Capital Equipment Finance, Crest Capital partners with equipment dealers to make purchase and lease financing opportunities available to their customers.[17]

Recognitions

  • Best Overall Equipment Financing Company of 2021 (Investopedia)[6]
  • Best Equipment Financier of 2020 (Business News Daily and Business.com)[4][5]

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "Company Overview of Crest Capital". Bloomberg Businessweek. Archived from the original on 8 March 2016. Retrieved 26 January 2021. Unknown parameter |url-status= ignored (help)
  2. ↑ 2.0 2.1 "Medical Equipment Leasing Holding Steady". Equipment Finance Advisor. 10 October 2011. Retrieved 26 January 2021.
  3. ↑ 3.0 3.1 Dave Vagnoni (April 2012). "17 Ways to Raise Capital - #7 Lease Equipment". Counselor. Archived from the original on 31 January 2021. Retrieved 26 January 2021.
  4. ↑ 4.0 4.1 Simone Johnson (8 July 2020). "Crest Capital Review". Business News Daily. Retrieved 26 January 2021.
  5. ↑ 5.0 5.1 Simone Johnson (8 July 2020). "Crest Capital Review". Business.com. Retrieved 26 January 2021.
  6. ↑ 6.0 6.1 Stephanie Colestock (22 October 2020). "The Best Equipment Financing Companies - Helping you get financing for the equipment you need". Investopedia. Retrieved 26 January 2021.
  7. ↑ 7.0 7.1 Beth Leibson (10 October 2011). "Special report: Medical equipment leasing holds steady". DOTmed.com. Retrieved 26 January 2021.
  8. ↑ Davina van Buren (27 May 2020). "Alternative ways to access business funds during COVID-19 recovery—and beyond - Finance your business equipment". New Hope Network. Retrieved 26 January 2021.
  9. ↑ Adam Uzialko (9 June 2020). "Small Business Guide to Alternative Lending". Business.com. Retrieved 26 January 2021.
  10. ↑ Adam Uzialko (11 June 2020). "Should You Consider Asset-Based Lending?". Business News Daily. Retrieved 26 January 2021.
  11. ↑ "Power User Spotlight: A Behind the Scenes Look into Lending". SBA.gov. 27 May 2011. Archived from the original on 10 February 2015. Retrieved 26 January 2021. Unknown parameter |url-status= ignored (help)
  12. ↑ 12.0 12.1 Michael Frank (20 October 2014). "4 Things You Need to Know About Commercial Vehicle Insurance". Entrepreneur (magazine). Retrieved 26 January 2021.
  13. ↑ 13.0 13.1 Michael Frank (20 October 2014). "4 Things You Need to Know About Commercial Vehicle Insurance". Entrepreneur (magazine). Retrieved 26 January 2021.
  14. ↑ "Section 179 Tax Deduction Calculator". Crest Capital. Retrieved 26 January 2021.
  15. ↑ Stone, Scott (25 May 2010). "Section 179 Enhanced Limits Extended for 2010 tax year". Archived from the original on 25 January 2021. Retrieved 26 January 2021.
  16. ↑ 16.0 16.1 "Get The Haas You Want – And Then Write Off the Entire Cost in 2011". 23 May 2011. Archived from the original on 19 December 2011. Retrieved 26 January 2021. Unknown parameter |url-status= ignored (help)
  17. ↑ "Financing Options". Howard Brothers Equipment Company. Archived from the original on 6 April 2018. Retrieved 26 January 2021. Unknown parameter |url-status= ignored (help)


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