Since 1989 · National Equipment Finance Lender
Financial Statements. Not Required.
If you are financing up to $250,000, you qualify for Crest Capital’s application-only approval process. That usually means one simple online application and nothing else: no tax returns, no financial statements, no account balances, no balance sheets. You can complete it from your home or office, and most applications receive a same-day credit decision.
About 2 minutesNo personal-credit inquiryInstant answer
- Application Only · Up to $250,000
- Used Equipment · OK
- Same-Day · Credit Decisions
Application-Only Financing: What You Need to Know
Up to $250,000, Crest Capital only requires a simple online application. The paperwork most lenders ask for stays on your desk.
Crest Capital has financed business equipment since 1989, and on the application-only track the financial package is simply not part of the process. You complete one page, Crest Capital reviews it against public credit records, and in most cases you get an answer the same day. Leave these items at home:
- Tax Returns
- Financial Statements
- Account Balances
- Balance Sheets
- Trips to the Bank
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What Is Application-Only Financing?
Application-only financing means the credit decision is made from your application and public credit records, rather than from a financial package you have to assemble. It is the difference between sending one page and assembling a financial package.
Application-only financing at Crest Capital, in plain terms:
- Application-only applies to transactions up to $250,000.
- Most transactions need no tax returns, financial statements, account balances, or balance sheets.
- Most applications receive a same-day credit decision.
- Crest Capital’s standard program runs $10,000 to $500,000; above $250,000 a full financial package is required instead.
- New and used equipment both qualify, and you choose your own vendor.
- Checking your eligibility takes about 2 minutes and uses no personal-credit inquiry.
- $250Kapplication-only limit
- $10K to $500Kstandard program range
- Same-Daycredit decisions
- 1989financing businesses since
How Application-Only Financing Works
Five steps, and only one of them is paperwork.
Find Your Equipment
You find the equipment, software, or vehicles you need, from the vendor of your choice. New and used both qualify.
Fill Out One Application
Complete the simple online application from the comfort and privacy of your home or office.
Get Your Answer
Crest Capital gets to work and gets you an answer quickly. Most applications receive a same-day credit decision.
Sign the Agreement
Once approved, Crest Capital emails you the finance agreement immediately. You sign it and return it.
Get Your Equipment
You get your new equipment, and Crest Capital sends the funds to the vendor.
What Criteria Does Crest Capital Use for Approval?
It is a fair question, and the honest answer is that publishing a checklist of thresholds causes good businesses to disqualify themselves before applying.
If you have a solid credit history, even one that is modest in length or in dollar amounts, it is very likely Crest Capital can approve you within the application-only process. Rather than have you self-assess against numbers that do not tell the whole story, let Crest Capital be the judge. That said, here are the factors that get looked at:
- Industry. What line of business you are in.
- Time in business. Crest Capital does not finance pure startups.
- Equipment type. Does the equipment hold value beyond your own industry?
- Business credit history. It need not be extensive, but is it good?
- Principal credit. The personal credit standing of the company’s principals.
Crest Capital checks public records such as Dun and Bradstreet and Paynet. Applicants with current payment difficulties or a history of nonpayment to creditors will not be considered.
That said, Crest Capital routinely approves companies that assumed they could not get credit, often because a bank or another lending institution had already turned them down. These are usually small and medium-sized businesses without large bank accounts or an impressive financial spread. Yes, Crest Capital finances mom and pop. If your company is healthy and profitable, Crest Capital can very likely provide the funds you need to grow. For a fuller picture of what gets considered, see Crest Capital’s credit requirements.
Ben Taylor | AssureSouth, Inc.The Process is very easy! The folks were helpful in helping me find the right solution for my business.
Up to $250,000 or Over? Which Track Applies to You
The $250,000 mark is a documentation threshold, not a pricing tier. It decides what paperwork you send, not whether Crest Capital can help.
At or Below $250,000
This page. One application, typically no financial statements, and same-day credit decisions in most cases.
Above $250,000
The full-disclosure track: a complete financial package in exchange for structured terms such as deferred payments, longer amortizations, and seasonal schedules.
Whether you choose a lease or a loan, Crest Capital is the right lender. If you are not sure which track your transaction falls into, apply and Crest Capital will tell you.
Take the Next Step
One application, no financial statements, and an answer that usually arrives the same day.
Apply now with the online application and get approved today.
Common FAQs About Application-Only Financing
Application-only financing means the credit decision is made from your application and public credit records rather than from a financial package you assemble. At Crest Capital it applies to transactions up to $250,000, which typically require no tax returns, financial statements, account balances, or balance sheets.
Most applications receive a same-day credit decision. Once approved, Crest Capital emails the finance agreement immediately; you sign and return it, and the funds go to your vendor.
Typically just the online application. Most transactions on this track need no tax returns, financial statements, account balances, or balance sheets. A full financial package is required above $250,000.
Industry, time in business, equipment type, business credit history, and principal credit. Crest Capital checks public records such as Dun and Bradstreet and Paynet, and does not finance pure startups. A solid credit history matters more than its length or size.
Often, yes. Crest Capital routinely approves companies that assumed they could not get credit, including businesses a bank had already turned down. These are usually small and medium-sized companies without large bank accounts or an impressive financial spread. If your company is healthy and profitable, application-only approval is very possible.
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