crest capital
what does equipment financing with crest capital do for you? crest capital' s team answers your frequently asked questions questions here .
since 1989, crest capital has been providing the funds that help businesses grow .
crest capital allows you to select the equipment you need from the seller you want .
mr. guderyon is the founder & managing partner of crest capital llc. crest capital llc is a finra registered broker dealer that was formed in 2015 to address the capital market and placement service needs of niche financial service companies .
crest capital can give you an answer fast. the bank will make you wait weeks .
copyright © 1989 -, crest capital. all rights reserved. | related | terms of use
we have had the pleasure of doing business with crest capital several times and each time was great! ! unlike other finance companies crest capital is honest from start to finish with nothing to hide .
s the concept of customer service; we found that trait in crest capital. will always recommend .
on top of equipment financing, crest capital offers vehicle and software financing, as well as vendor programs .
banks love extra fees and nickel and diming you. crest capital doesn’t have time for that. neither do you .
crest capital isn’t going to ask you to re - qualify for the loan annually. the bank will - just read the fine print .
as well. quick and easy process. we highly recommend this company. thanks mike, patti, liz, sean & all at crest capital !
financing for more than $ 250, 000 requires a more extensive application process. besides your credit score and payment history, crest capital requires the following :
if you borrow from the bank for equipment, you won’t be able to borrow later if an emergency comes up. using crest capital for equipment purchases means you can still use the bank for emergencies. (preserve bank lines for working capital )
do you really think rates are going down? no, we don’t either. which is why crest capital’s fixed terms are better than the bank’s adjustable rates .
crest capital is a professional practice based in johannesburg, south africa which specialises in assisting medium - sized corporations and privately held businesses with their corporate finance needs .
crest capital' s flexible loan terms, no additional fees and customer service make it our best pick for best equipment financier in 2018. however, crest requires a large amount of documentation to get a loan, compared to its competitors .
established in 1989, crest capital is a national lender specializing in providing growing businesses with no - hassle equipment financing and leasing. quickly, easily, and at great rates .
your accountant will tell you – crest capital’s fixed term loan looks better on the balance sheet than a bank’s revolving terms. oh, and the tax man agrees as well .
access to our vast network of businesses, providers of capital, legal and other specialist advisors .
besides the interest rate, the only fee crest capital charges is a $ 250 documentation fee. after agreeing to a deal, crest capital immediately collects the documentation fee and first month' s payment. the lender then purchases the equipment the next day from the vendor of your choice. repayment is made monthly via an automatic withdraw from your bank account .
ts from the equipment dealer that crest capital was able meet with no issues and no extra costs. also financed 100% of the soft costs. very easy to work with .
po box 88233 • atlanta, ga 30356 • 800 - 245 - 1213 • fax 888 - 391 - 6728 | copyright © 1989 -, crest capital. all rights reserved .
offer your b2b customers more payment options through crest. it’s easier than you think .
we were extremely impressed with crest capital' s customer service. to test its customer support, we called the lender multiple times, posing as a business owner interested in equipment financing .
software financing: this allows clients to freely choose the software they would like, and crest capital can offer 100 percent financing. the company is section 179 friendly and boasts fast approval within hours .
with crest capital, you can choose between various loan structures, some of which allow you to keep the vehicle or equipment at the end of the term. these are some of the options available :
part of crest capital' s appeal for us was its wide array of financing terms. the company offers financing of up to $ 1, 000, 000, with term lengths of 24 to 84 months. the wide range of options lets you choose the financing structure that best fits your needs. we also like that crest capital lets you choose your own loan term length that fits into your budget .
crest' s loans are secured by the equipment, vehicles or software that is being financed .
crest capital is helping small and medium - sized businesses get equipment and software financing for over 21 years now! see what some of our customers and vendor partners are saying (zero complaints) about our process .
crest capital provides three different small business loan options but does not work with startup financing, or bad credit financing. the website also does not really provide specific details on each of the small business lo programs .
crest capital has a simple online form, and applying won’t place an inquiry on your personal credit. the bank will stamp your credit, require several years of tax returns, and about a hundred other financial documents .
there are several minimum eligibility requirements you need to meet to be considered for an equipment loan with crest capital. you must have a minimum credit score of 700 and have been in business for at least two years .
equipment financing: crest capital clients can get the equipment they need with no - hassle financing. it has an easy, no - paperwork application, and works with progress payments, re - finances, and payoffs .
the bank usually only finances 80% of the equipment, and no soft costs. crest capital will finance 100% , and will also finance soft costs, like delivery, installation, etc. (lower upfront costs )
all information you submit here will be safe, secure, and confidential. your e - mail address is used only to conduct communication between you and crest capital, and is never sold or given to any third parties .
crest capital university offers helpful tips and information to help end - users, equipment dealers and manufacturers gain a better understanding of the equipment and software finance industry today. * * warning * * - this information is very helpful !
once you submit all this information, crest capital usually makes an approval decision within one business day. this is considerably faster than many of the other lenders we looked into, which take up to two weeks to approve borrowers .
while the website does not explain any information on fees, a phone representative stated that the company charges a $ 275 documentation fee. crest capital charges the documentation fee up front, along with the first month' s payment .
each time we reached crest capital, a professional, pleasant and helpful representative immediately answered our call. just having someone take our call was a step up from some of the other lenders we contacted, which sent us straight to voicemail .
crest capital has a quick application process, fast approvals, a variety of financing terms and excellent customer service. it can even pair you with an equipment or vehicle vendor. here is a breakdown of why it' s our best pick .
this special report quotes mark french, the president of crest capital as stating “medical equipment leasing has been steady. most of the other vertical markets have declined since 2009, but medical equipment is one of only three areas that has held steady. ”
after much research and analysis, we recommend crest capital as our 2018 pick for the best alternative lender for equipment loans. to understand how we selected our best picks and to see a comprehensive list of alternative lenders, visit our best picks page .
crest provides businesses of all types with quick and easy funding options. it has reasonable loan qualifications, and can work with companies to make sure they get the funding they need. there are several different types of agreements to choose from, like 10 percent purchase option and a $ 1 purchase agreement. this wide variety of loan types separates crest capital from competitors .
ongoing access to, and interaction with, the directors of crest to ensure that you benefit from our vast experience .
the bank will want you to keep a healthy balance in the bank, and pokes their nose into your debt to equity ratio and other numbers. crest capital doesn’t – we finance the equipment, without the mumbo jumbo. (no financial statement covenants )
because crest capital is not a big bank, its small business loans are more flexible and affordable. customers do not have to worry about hidden fees. the company offers 100 percent financing from $ 5, 000 to $ 500, 000, fixed rates, and terms from 24 to 72 months. all costs can be financed, from delivery to installation. the company does not require collateral and boasts lower upfront fees than big banks. conveniently, people do not have to re - qualify with crest capital every year .
at crest capital, we like to envision a world where any growing business can get the credit they need. not only that, but we think applying for credit should be simple and straightforward. our vision, from day one to today, remains the same .
fair market value: this offers the lowest fixed monthly payments. in addition, the payments are usually 100 percent tax deductible. at the end of the lease, you can purchase the equipment at fair market value, renew the lease or return it to crest capital .
crest capital also offers section 179 qualified financing, which allows tax deductions on the cost of equipment. under section 179, small businesses can deduct up to $ 500, 000, with a threshold of $ 2, 000, 000 for total equipment purchased for the year .
the biggest drawbacks with crest capital are its requirements for the minimum credit score and time in business. the requirement for at least a 700 equifax score could eliminate some businesses from even being considered for financing. in addition, the company doesn' t work with startup businesses .
sunday, 6: 30 pm, on the putting green, we caught up with mr. french, who has been on a journey to drive growth for crest capital, to discuss the lessons learned as well as key trends that will impact the future of the company .
crest capital is a direct lender that specializes in small and medium - sized business loans. according to the website, clients can choose equipment, vehicle, or software financing to help with their business, each option with a simple application that doesn' t require much documentation .
10 percent purchase option: this is a lease with a fixed monthly payment as well as a fixed purchase option. at the end of the lease, you can purchase the equipment at 10 percent of its original cost, renew the lease or return the equipment to crest capital .
the bank will require cross collateral, meaning your home, your boat, and your kid’s college accounts all get tied up with your loan. crest capital leaves your life (and your kids) alone. no blanket liens, no compensating balances, no loaning you your own money !
hands down it' s our people... one of our corporate mantras is:' no one waits for crest.'
what makes crest capital successful? hands down, it' s our people. we actually care about delivering exceptional results and exceeding the expectations of our business partners and customers. we' ll anticipate, do the extras, and work hard so you don' t have to. and we' ll work late so it all gets done without delay. one of our corporate mantras is
no one waits for crest
.
the company' s website does not, however, explain location eligibility or interest rates, and crest capital charges a $ 275 documentation fee. it is important to note that the company does not offer bad credit financing or startup business financing. when exploring small business loan services, we recommend going with a more transparent company .
crest capital is an accredited member of the better business bureau with an a + rating. it also scored a 5 out of 5 stars on more than 60 customer reviews. as of june 2018, there had not been one consumer complaint filed against it with the bbb in the past three years. many of the other lenders we examined had at least some complaints filed against them. crest was one of the only lenders we found that had positive reviews and not one complaint .
instead of trying to get information about our business and the equipment we wanted, crest capital representatives allowed us to ask all our questions first. some of the other lenders we spoke to brushed aside our questions and immediately started gathering the information they wanted, like how much the equipment we wanted to finance was and the financial status of our business .
and why the name
crest capital
? you' d be surprised how often i' m asked that question! and it' s an all too simple answer. i was brushing my teeth, getting ready to head over to the attorney' s office to file the incorporation papers when he called and asked me what i wanted to name the company… and that' s it. no meetings, no focus groups, no anything… if he called ten minutes later, it might have been named
coffee capital
or something like that .
at crest capital, our strength is providing small and medium - sized businesses with the equipment, vehicle, and software financing you need at better rates, while also eliminating hassle often encountered with typical bank loans. our customers benefit by completing a simple application without the need for tax returns and financial statements, and getting a decision immediately rather than waiting weeks .
q: do the path act capital investment incentives apply only to construction equipment? a: no. a broad range of tangible personal property is eligible for special tax treatment under the path act .
unlike some of the other companies we reviewed in this category, crest loans have one purpose: financing equipment, vehicles and software. depending on your business needs, crest is a good alternative financier that can help you get the funding you need. it' s ideal for investing in new construction equipment, vehicles or business software .
the only drawback we found in crest' s service was the amount of documentation needed to get a loan. this will vary widely depending on the amount you apply for. many lenders only require some limited financial data. this limitation, however, is a minor one when you consider the flexibility that crest provides on its agreements .
white crest capital' s total management fee is 0. 75% . this low fee significantly increases the power of compounding and growth of principal. on a $ 500, 000 portfolio, an investor would save on average $ 5, 000 dollars a year and $ 50, 000 dollars over ten years compared to a typical management fee of 1. 75% .
the sale of a business is a highly complex process and in order to ensure your transaction objectives are met, the process should be entrusted to a team of highly qualified and experienced dealmakers. crest capital’s directors have many years of experience in guiding business owners through the complexities of the sale of their business and, in the process, ensuring that the optimal end result is achieved .
white crest does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to white crest’s web site or incorporated herein, and takes no responsibility therefore. all such information is provided solely for convenience purposes only and all users thereof should be guided accordingly .
the website does not include any information on interest rates or fees. when calling the company, a phone representative stated that crest capital charges 5. 85 percent on a $ 25, 000, 60 - month term loan. this is nothing special for the industry and is pretty average. the company does not explain any details on an origination fee, closing fee, or the time it takes for funding to enter one' s bank account .
fair market value: this option has the lowest fixed monthly payment of any of the plans. at the end of the lease you can purchase the equipment at fair market value, renew the lease or return the equipment to crest .
q: what do the 2016 capital investment incentives (depreciation bonus and increased sec. 179 expensing) mean for my business? a: by lowering your taxable income, bonus depreciation and sec. 179 can cut your 2016 tax bill, thereby freeing up cash in the near term .
during all our calls, the representatives we spoke to provided clear and detailed answers to each of our questions. some other lenders we spoke with gave unclear answers that left us confused about exactly how their financing worked. crest capital representatives are available via phone, email and online forms. the company' s website features details on each of the lender' s financing programs, a helpful faqs section and a section 179 calculator to give you an idea of how much money you could save by using those tax - deduction options .
crest offers a broad array of equipment, vehicle, furniture, and software lease and loan agreements at fixed rates that won' t go up with inflation. crest also provides real quotes instantly - use our free monthly payment calculator at the top of this page to get payment quotes delivered right to your inbox. no telemarketing, no hassles, and no pressure. we' ve flourished for nearly a quarter of a century because we simply deliver the equipment financing and equipment leasing that businesses like yours need .
the overall loan process may take a bit longer than some other lenders we reviewed, but the company provides larger funding amounts than some other solutions we reviewed. crest wants to ensure that your business can qualify for and pay back the loan it will issue .
crest capital has been providing equipment and vehicle financing since the late' 80s. if you' re seeking financing for $ 250, 000 or less, you fill out and submit a simple application. this is ideal for business owners looking for quick funding. you have the option of filling out an application online or completing a paper version. the paper version can be faxed or scanned and emailed in. the application includes basic questions about you, your business and the equipment you want to finance. these are some of the specific questions included in the application :
crest also allows you to choose between equipment loans and leases. the difference between the two has to do with the structure of the agreement and whether or not you end up owning the vehicle at the end of the term. there are several different types of agreements :
should you decide to pay the full amount of the loan upfront, there are no pre - payment penalties. you may qualify for a discount on the remaining interest. all these different plans and agreement structures makes crest one of the most flexible alternative lenders of any company we reviewed .
crest requires more special documentation than any company we reviewed. for loans over $ 250, 000, the company wants to look at financial statements, tax returns, a list of loans and leases, a written overview of your business and a description of how you' re going to use the equipment .
10 percent purchase: this agreement involves a fixed monthly fee and a purchase option at the end of the term for 10 percent of the equipment' s original cost. if you don' t want to purchase the equipment for 10 percent, you can renew the lease or return the equipment to crest. there' s also an option to upgrade equipment .
these may seem like strict qualifications, but it shows that crest is a reputable company looking to provide loans to businesses that meet its requirements. by providing this information, you can partner with a company that has some of the most flexible loan agreement terms and plans of any company we reviewed. the level of documentation you need to provide will vary based on the loan size .
because crest is an equipment financier, the terms and rates will vary widely with your specific loan situation. the first thing to keep in mind is that pricing and terms change when you borrow more than $ 250, 000. this amount is set as a benchmark to separate quick loans from larger, more complex loans. for example, you only have to submit a simple online application to get financing less than $ 250, 000 .
when we called and interacted with crest sales agents, they provided us with all the information we needed. the representatives were friendly and concise. they let us ask all the questions we needed and didn' t push us to provide business information or sign up for their service. at the end of the call, the representative followed up with us with a company brochure via email. this level of attention was nearly unmatched by competitors .
on dec. 18, 2015, president obama signed the protecting americans from tax hikes (or path) act. among other things, the law reinstated bonus depreciation and higher sec. 179 expensing levels for 2015 and beyond. history has shown that these investment incentives have a significant and positive impact on equipment demand and business activity. the information below about the capital investment incentives in the path act is provided by associated equipment distributors (aed) as service to dealers, manufacturers, equipment purchasers, and the broader business community .
crest is a reputable company that was established almost 30 years ago. it works mainly with small businesses – companies that have between five and 75 employees – and has a good online reputation. it earned an a + with the better business bureau and earned 5 out of 5 stars. this was one of the only companies that earned this high a rating on bbb. it also has no negative reviews or complaints, and over 60 positive reviews. other review websites reflect this level of quality .
in addition to plans with many kinds of agreement structures, there are some other plan and pricing features that crest provides. the master agreement, for example, can function as a line of credit to purchase future equipment. step - up plans allow businesses to schedule lower payments earlier on in the term agreement. establishing a seasonal plan is an option where seasonal businesses don' t have to pay during slow months. deferred plans allow business owners to defer any payment for up to six months after the agreement is signed .
all the financing structures can be combined with a variety of other payment options. these include step - up plans (lower payments early in the finance term and higher payments later), deferred plans (defer payment for up to six months) and seasonal plans (no monthly payments during seasonal businesses' slow periods). the seasonal plans are especially attractive for small business owners who own businesses where they only use their equipment at certain times of the year. this kind of flexibility was nonexistent from other lenders and is another reason why crest is a great equipment financier for small businesses .
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notice: the information on this site should not be construed as tax advice or as a promise of potential tax savings or reduced tax liability. for more information about the bonus depreciation and sec. 179, contact your tax professional or visit the internal revenue service website .
under the path act, 50 percent bonus depreciation is in effect for 2015, 2016 and 2017. for 2018, the depreciation bonus amount is 40 percent. for 2019, it is 30 percent .
helps businesses that buy new equipment cut their tax bill by allowing them to depreciate (
write off
) more of the cost the equipment in the year it is purchased .
applies, among other things, to purchases of tangible personal property (including construction, mining, forestry, and agricultural equipment) with a macrs recovery period of 20 years or less .
applies to new equipment only (
original use
must occur with the taxpayer claiming bonus depreciation) .
equipment must be purchased and placed in service in the year in which the taxpayer is claiming the bonus .
in lieu of claiming bonus depreciation, companies may instead elect to accelerate alternative minimum tax (amt) credits .
under the path act, sec. 179 expensing levels for 2015 are $ 500, 000 with a $ 2 million phase - out (i. e. , taxpayers can expense $ 500, 000 in purchases as long as total purchases don' t exceed $ 2 million). for 2016 and beyond, the expensing level and phase out cap are indexed for inflation .
can be combined with depreciation bonus (i. e. , expense first $ 500, 000 of equipment purchases and take bonus depreciation on new equipment purchases between $ 500, 000 and $ 2 million) .
for the joint committee on taxation' s detailed explanation of the path act, click here .
for a section - by - section summary of the path act from the house ways & means committee, click here .
for an example of one of the myriad industry coalition letters to congress about the depreciation bonus and sec. 179 that aed coordinated in recent years, click here .
the equipment must be depreciable under the modified accelerated cost recovery system (macrs) and have a depreciation recovery period of 20 years or less. the macrs cost recovery period for construction equipment is generally five years. for an irs chart detailing the macrs recovery periods for various types of property, click here. check with your tax professional .
the original use of the equipment must commence with the taxpayer claiming the depreciation bonus after dec. 31, 2015 (i. e. , it must be new) .
the equipment must be placed in service before jan. 1, 2017. certain equipment with a recovery period of 10 years or more and certain transportation property can be placed in service before jan. 1, 2018 and still qualify for the depreciation bonus. check with your tax professional .
q: is there any downside to taking advantage of bonus depreciation? a: the more you depreciate now, the less you' ll be able to depreciate later. in other words, your tax bill in future years may be higher because you' ll have less to deduct. but ask yourself this: would you rather have the tax savings in your pocket now to invest in your company or would you rather have uncle sam hold onto your money for a couple additional years ?
q: does the equipment have to be new to qualify for bonus depreciation in 2016? a: yes. to be eligible, the
original use
of the equipment must commence with the taxpayer claiming the depreciation bonus after dec. 31, 2015 .
q: how long do i have to take advantage of the deprecation bonus in 2016? a: to qualify, the new equipment must be acquired and placed in service by the taxpayer claiming the depreciation bonus before jan. 1, 2017 .
q: do i have to use the deprecation bonus? a: no. you may elect out of depreciation bonus (meaning it' s your choice whether to use it). additionally, in lieu of claiming bonus depreciation, companies may instead elect to accelerate alternative minimum tax (amt) credits .
q: how will the depreciation bonus be phased out? a: for 2015, 2016, and 2017, the depreciation bonus amount is 50 percent, for 2018 it is 40 percent, and for 2019 it is 30 percent. the bonus depreciation law expires in 2020 .
q: does the equipment have to be new to qualify for sec. 179? a: no. unlike the depreciation bonus, sec. 179 expensing can be applied to both new and used equipment .
q: can sec. 179 and the depreciation bonus be combined? a: yes. companies eligible for sec. 179 can also combine it with the depreciation bonus for even bigger tax savings .
q: where can i get more information about bonus depreciation and sec. 179? a: irs publication 946 - how to depreciate property provides a good overview of how bonus depreciation and sec. 179 operate. keep in mind that the guidance document has not yet been updated for 2015 or 2016, so keep the date changes from the path act in mind when you read it .
q: where can i get more information about everything that was in the tax increase prevention act? a: a section - by - section summary of the path act prepared by the house ways & means committee is available here .
q: what should i do if i have other questions? a: contact your accountant, attorney, or other tax professional in your area if you have further questions .
please note that the information on this site is provided by the associated equipment distributors as a public service to equipment purchasers. it should not be construed as tax advice or as a promise of potential tax savings or reduced tax liability .
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urltoken
hi, i thought you would be interested in this article from equipment finance advisor .
a report issued by dotmed business news, indicates that the prospects for the medical equipment and healthcare technology leasing markets are improving .
the report also noted that while medical equipment leasing has been stable, healthcare related software has experienced strong growth, particularly in the area of electronic medical records (emr). according to mark french, “every year over the past three years, medical leasing in it has almost doubled. the tax incentive is definitely driving the market. it’s a phenomenon. ”
equipment advisor sits down with john martella to hear his vision for the ...
twenty - five years after the founding of the national association of equipment ...
joe collins of orion first delivers a comparative analysis of the advantages and disadvantages of building an in - house servicing operation vs outsourcing to a third party .
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rated # 1 best equipment financing & leasing in u. s. | crestcapital™
$ 5, 000 - $ 500, 000 | quick, easy, and 100% secure .
get the funds you need for business equipment, vehicles, and software. apply now, and receive a decision within hours .
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urltoken
ing the loan but the company took care of it once they were aware of the problem .
they' ve been pretty easy to work with on a loan for used equipment that my own bank (chase) couldn' t do. i can say it was the best option for my shop .
included. make note we requested this loan in december 2015 and want to pay it off in april2016 .
. ” to quote mike marcin. lynn danson, george messic have also not responded .
they were clear on things from start to finish, easy, and friendly .
was a good one. very upfront with pros and cons of financing used equipment .
best equipment finance company out there. it actually is, very good service .
i want to discuss a particular aspect of equipment financing that many businesspeople really don' t understand. and that' s the difference between what i call
i' m not really a salesperson at heart, but whenever i talk with a small business owner, i' m probably going to bring up equipment financing. not so much because
a holistic service offering providing guidance through the entire transaction from start to finish .
we look forward to partnering with you to realise the full potential of your business .
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a vital part of small business growth is purchasing and using vehicles and equipment. luckily, there are alternative lenders out there devoted to financing equipment. some lenders provide financing for equipment you' ve found through a vendor, while others can pair you with a vendor as well .
editor' s note: trying to find a business loan that' s right for you? fill in the questionnaire below, and you will be contacted by our partner alternative lenders, who will help you find the right loan for you .
the lender also requires that you don' t have any current delinquent payments or a history of nonpayment to creditors. the lender reviews all this information and usually makes a final determination within four hours. this is significantly faster than many other equipment financing lenders we examined. this approval process is seamless for businesses looking for funding under $ 250, 000 .
equipment finance agreement: this is a fixed - rate loan offering a monthly payment that does not fluctuate with treasury rates. at the end of the term, you own the equipment .
$ 1 purchase agreement: with this lease, you have a fixed monthly payment, and you own the equipment at the end of the lease for a nominal amount, such as $ 1 .
guaranteed purchase agreement: this provides a guaranteed purchase price for the equipment at the end of the term. you can choose a purchase price that is fixed at a certain dollar amount or pick from a range between a fixed minimum and maximum amount .
first - amendment lease: this gives you a purchase option at one or more defined points during the lease, with the requirement that you renew or continue the lease if the purchase option is not exercised .
operating lease: this meets the criteria established by the financial accounting standards board and is available for equipment with a strong after - market value. if you want to learn more about equipment leasing, we encourage you to check out our equipment leasing buyer' s guide .
since there many types of financing structures, it' s impossible to say what your interest rate would be. those rates are determined not only by the structure you choose but also by the term length, credit score, your time in business and the type of equipment being financed .
matt d' angelo is a b2b tech staff writer based in new york city. after graduating from james madison university with a degree in journalism, matt gained experience as a copy editor and writer for newspapers and various online publications. matt joined the purch team in 2017 and covers technology for urltoken and business news daily. follow him on twitter or email him .
our partners not only sell more goods; our vendor programs also increase margins, improve sales cycle times, and can even help close sales months later. supported by the industry' s best team of professionals, our programs combine innovative finance tools with lightning fast turnaround - all at no cost to you .
respect a client' s time, and get them a speedy
same day
approval .
work effectively with all businesses who need us, from small companies requiring funds to grow to vendor partners looking to offer their own customers credit .
lastly, be a company who clients return to again and again, and enthusiastically recommend to others .
we' re pleased that these ten steps contribute to not only our success, but the success of our clients as well. we' re proud of our track record, and invite you to join our family of satisfied customers .
our people, our community, and our clients deserve the utmost in honesty and integrity, and they also deserve our best, every single day .
we employ individuals with exceptional character and potential, and we allow them to utilize their talents to the best of their ability. we encourage clear communication and demand honesty in all interactions .
we provide true career opportunities, recognize achievement, invest in personal growth, and reward performance. this encourages our staff to increase their skill set and take on greater responsibility. our staff is energetic, smart, and focused, allowing us to consistently outperform the competition .
we strive to build and sustain long - term relationships by always understanding our customer' s needs. we also truly listen, continually introducing new products (and developing custom financing and leasing programs) that give our customers a true competitive advantage .
we' ve been in business since 1989, and we plan to be here for a long time to come. we' re proactive, but we' re also careful, focusing on sustainable long - term financial performance goals that provide a fair return on investments .
rock solid
is a good metaphor .
we hold ourselves to the highest standards of business conduct, and we' re actively involved in our community. we donate to three local charitable organizations, and we volunteer our time as well. we feel it all begins at a grassroots level – if we better our local community, our (better) community then makes for a better city, which makes for a better state, and so on. yes, it seems far - reaching to believe that cleaning an atlanta park can make the usa (and the world) better, but it has to start somewhere. besides, we feel there' s no downside to being a good corporate citizen .
then you went to college – auburn, right? how did that help shape your path? yep, when i initially hit the auburn campus my career goal was to play strong safety in the nfl, but after a dose of reality i realized i needed to focus on getting a degree. i was good in math, and an advisor had originally recommended i major in engineering - but after a couple semesters i recognized that wasn' t what i wanted to be doing the rest of my life. although deep down i wanted to major in finance, i changed my major to accounting because i knew
all the old guys
in the business world would give me a little respect if i passed the cpa exam. and looking back, that was a really good decision – to me, accounting was way easier (and more fun) than engineering! life was good .
how about a career disappointment? you know there' s always going to be disappointments. progress on important goals and objectives often slow to a crawl and take a backseat to day - to - day business demands; a great hire turns out to be a washout; a new referral partnership fails to produce… all kinds of stuff. overall, i' ve managed to keep the lows to a minimum and ride the highs to a very successful couple of decades in business .
what is the best piece of business advice you ever received? follow through. always do what you say you' re going to do .
follow through. always do what you say you' re going to do .
do you have a mentor or someone you looked up to? my dad. his video production company helped many of the nation' s largest organizations handle management issues. he was recognized with numerous national and international awards including seven telly awards, best of show at the aurora awards, and a cine golden eagle. he was easily the most effective communicator, educator, and motivator that i' ve ever had the opportunity to be around .
tell us something we don' t know about you. i learned to scuba dive in the gulf of thailand at the age of eight .
favorite band. and movie. for one artist, i' d say jimmy buffet. but my ipod ranges from jazz to heavy metal, and i grew up on classic rock, so that' s my go - to on long drives. as far as movies, saving private ryan comes to mind. my dad joined the navy during wwii at age 15 and drove a landing boat in the pacific – the opening scene depicting the omaha beach assault serves as a graphic reminder of the price of freedom .
what' s on your desk right now? the most interesting item is a feasibility study evaluating the potential of moving more of our computing infrastructure to the cloud. we moved our email and collaboration software offsite a couple years ago and it has worked well. you' d think we' re running a data center with all the servers and hardware we maintain, and the idea of reducing internal tech demands is appealing. that said, in our business we have to take into account legal, economic, scheduling, and other non - technological factors, so it' s something that requires thought .
last question…
if i wasn' t doing this, i would be…
a play - by - play sportscaster. my wife thinks i missed my calling – she' s always pointing out when the commentator on tv repeats what i said five seconds earlier. and it would be a great gig wouldn' t it? most of us enjoy talking about sports all day anyway; why not make it a career? !
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accounting has been around since the very first fiscal system emerged. as agricultural trade grew in importance, it was not long before early businesspeople began to develop and use the calculative system of accounting. the modern - day practice of accounting is certainly far more sophisticated than its ancient ancestor, but its foundation and motives have remained the same. the sole purpose of accounting is to accurately calculate and keep records of monetary exchanges .
accounting glossary: this dictionary of accounting terms will be helpful to those who want to become knowledgeable about the language accountants speak .
famous accountants: this page gives a list of the 10 most famous accountants .
how to become an accountant: has it been your lifelong dream to become an accountant? if so, you will benefit greatly from reading this detailed article .
how to become a cpa: are you a new york - based professional who wishes to become a certified public accountant? if so, reading this article will inform you of the certification process .
cpas vs. accountants: this article explains the difference between an accountant and a certified public accountant .
am i an accountant or a bookkeeper? this is a common question among recent graduates. learn the factors that differentiate the two from this in - depth article .
salary for accountant jobs: ever wonder how much accountants earn on a yearly basis? if so, see this nationwide survey for the average salaries of u. s. accountants .
as in all trades, accountants speak their own language. there is a certain terminology that accountants use every day but that most laymen do not understand. these terms include
accounts payable ,
which essentially means the bills a business has incurred that must be paid to its suppliers. another is
cash based accounting ,
which in simplest terms translates to the practice of recording cash or check exchanges between a customer or client and a business, or a business and a supplier .
trial balance
is another little - known accounting term, which simply means a catalog of general ledger accounts and their totals .
liabilities
is a well - known accounting term, but few people know its true meaning .
liabilities
are simply the amounts of money that a business owes its creditors, including its payroll and accounts payable .
, where he manages vendor finance programs for manufacturers and dealers of equipment, vehicles, and software. he' s also an active
—check out his page if you follow financial topics and current events in the world of finance .
assembly line: an article that discusses how important the assembly line was to the advancement of the auto industry .
mechanization of the assembly line: a page that explains how assembly lines were used in industries other than the auto industry .
mass production: the first section of an article on the
roaring twenties
that examines the historical importance of mass production by assembly lines .
a number of industries, including the meatpacking, artillery, and auto industries, use the assembly line process. the meatpacking industry was already using assembly lines by the 1860s. workers would stand in stations and operate a pulley system to bring over each animal carcass in turn. they would cut the meat as needed, then move on to the next animal. the firearms industry started using the idea around the same time, allowing weapons to be assembled much more quickly. but those weren' t the only industries to use assembly lines. as time went by, other smaller industries—such as the clock - making industry—started using them as well.
crest capital is an equipment financing and leasing company , based in atlanta , georgia . its president as of 2011 was mark french and charlie hanavich is cart director . 
crest capital is an equipment financing and leasing company, based in atlanta, georgia. its president as of 2011 was mark french and charlie hanavich is cart director.
crest capital is an equipment financing and leasing company, based in atlanta, georgia. its president as of 2011 was mark french and charlie hanavich is cart director.