Crest Capital - Industry Fact Sheet

Stephan Sullivan - Research Analyst, Crest Capital - 08/19/2009

Crest Capital is a direct funding source providing equipment, vehicle, and software 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 including seasonal, skip, and ramp-up payment plans on both lease and loan agreements. Crest does not provide financing for businesses with prior bankruptcies, open tax liens, judgments, repossessions, or slow pay history. Crest Capital has successfully served the business community for more than 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

Headquarter Location:

  • Atlanta, GA

Company Type:

  • Independent, Non-Banking Financial Company

Funding Source Type:

  • Direct Lessor
  • Direct Lender

Source of Funds:

  • Internal
  • Bank Lines
  • Warehouse Lines
  • Investors
  • Capital Markets

Annual Funded Volume:

  • $25MM - 100MM

Products Offered:

  • Application-only program to $250,000
  • Equipment Loans
  • Equipment Operating Leases
  • Equipment Finance Leases
  • Vehicle Finance Agreements
  • Vehicle TRAC Leases
  • Muni / Fed Leases
  • Refinances

Deal Size Range:

  • $5,000 to $5,000,000

Average Deal Size:

  • $25,000 to $250,000

Terms:

  • 2 - 6 years

Average Term:

  • 5 years
better than the bank

Asset Categories:

  • Ambulance / Emergency
  • Auto Test / Repair
  • Audio, Visual and Broadcast
  • Bus / Mass Transit
  • CAD / CAM
  • Computer Related
  • Construction
  • Containers
  • Dry-Cleaning / Laundry
  • Energy Related
  • Food Distribution / Processing
  • Furniture
  • Graphic Arts / Printing
  • Health / Fitness
  • Hospitality / Hotel
  • Industrial / Manufacturing
  • Machine Tool
  • Material Handling
  • Medical / Dental
  • Mining
  • Office Equipment
  • Packaging Paper
  • POS
  • Retail FF&E
  • Signage
  • Software / Hardware
  • Telecommunications
  • Light Trucks and Trailers
  • Vending Machines
  • Waste Disposal
  • Unusual Equipment
  • Woodworking