Financing

Equipment financing is a specialized loan or lease that lets you acquire equipment, vehicles, or software with payments spread over time. For small businesses, this approach preserves working capital, minimizes large upfront costs, and can unlock tax advantages (such as Section 179). Ultimately, it helps you scale your business without depleting cash reserves.

You can finance nearly any business-critical asset from heavy construction machinery to specialized software solutions. Both new and used equipment typically qualify. American Surplus' entire catalog of material handling equipment solutions ranging from pallet racking to Mezzanines, Conveyor, and more is eligible for this flexible payment option.

Most applications through Crest Capital are processed within a day, often within just a few hours. The typical four-step process looks a little like this:

1. Apply online using Crest Capital's simple application form.
2. Receive a same-day decision for amounts up to $250,000. (Amounts up to $500,000 are typically processed within 48 hours.)
3. Sign documents electronically with minimal paperwork.
4. Crest Capital pays American Surplus immediately, getting our material handling equipment into your facility sooner!

A credit score of 650 is the minimum most equipment financing lenders will typically require to extend credit. Since this is business financing and not consumer financing, your credit score is just one factor in the approval process. Other important qualifications to receive financing include:

• At least two years of business operations under current ownership.
• Previous borrowing history.
• The type and value of equipment being financed.

The benefits of financing over cash purchases in business transactions are clear to see!

1. Preserve working capital for growth and daily operations.
2. Provide peace of mind with predictable monthly payments as opposed to large cash outlays.
3. Capitalize on potential tax advantages through Section 179 deducations.
4. Allow immediate equipment use while revenue it generates helps offset payments.

Equipment leasing grants you usage rights with lower monthly costs, but no ownership rights without taking an end-of-term buyout option. Equipment financing grants you full ownership rights from day one, typically with consistent fixed payments and potential Section 179 tax benefits

Yes! Crest Capital finances both new and used equipment, including pre-owned and refurbished assets. Typical age limits are up to 10 years, but eligibility varies by equipment type.

For purchases under $250,000, Crest Capital can often provide same-day approval, sometimes within just a few hours. Large requests up to $500,000 typically get a decision within 24-48 hours.

Yes, Crest Capital supports businesses in nearly every industry, from construction to professional services to manufacturing and IT. Crest Capital works with machine shops, packaging and printing companies, food processing facilities, landscaping business, and many others. If you're a US-based business needing an extra boost to acquire the material handling equipment you need to grow, Crest Capital is ready to work with you!

Financing can unlock significant tax savings through the Section 179 Deduction, allowing a first-year write-off of eligible equipment costs and potentially even interest expenses.

Most lenders including Crest Capital offer 100% financing with no down payment for qualified applicants. Crest Capital can also finance the soft costs of your equipment purchase such as shipping, installation, and training up to 25% of the total equipment cost, helping to preserve your working capital.

Yes, many lenders allow early payoff, though penalty structures vary. Crest Capital typically offers minimal or no prepayment penalties to qualified applicants.

With equipment financing, you'll typically own the asset outright once the final payment is made. In a lease, you may have a buyout or renewal option at term's end.

Crest Capital delivers same-day approvals, flexible terms, and over 30 years of specialized expertise. Small to mid-sized businesses benefit from a fast, streamlined process, 100% financing, and fewer restrictions than traditional bank financing.