Over the years many companies have saved on their taxes by taking advantage of Section 179 and Section 168(k) of the IRS Tax Code. Herein we’ve provided some information about the opportunity for tax...
You need an additional piece of equipment for your business and you think you want to purchase used equipment. Now what do you do?
While business seems to be good right now, it’s almost too good to be true. One thing to remember is that the further you get away from a recession, the closer you get to another one. But despite the...
The prices of new and used equipment have been rising for the past couple of years, nearly in every industry. But we’ve seen significant increases for transportation equipment. In fact, a dry van...
When you apply for credit, whether that be personal credit (credit card, mortgage, etc.) or business credit, you provide a lot of information to your lender. The information gives the lender great...
Commercial Credit Group is a different kind of equipment finance company. We’re an independent lender and do things our own way. Our business model is relationship driven and we evaluate credit...
The end of the year is upon us and tax season is just around the corner. Now is a great time to review some of the, often overlooked, business expenses that may seem mundane and insignificant, but...
It's time for our annual list of holiday gift ideas for all the truck drivers on your gift list. Below you will find our selections and ideas for your friends, family members, or even customers who...
When companies consider financing the purchase of a new or used piece of equipment, the monthly payment amount can be critical. In many cases, the target amount of the payment is determined based...
If you are thinking about financing your equipment purchase, we have some tips to help make the process easier and faster.
WasteExpo is getting back to business this year - the live, in-person conference is scheduled for June 28th - 30th in Las Vegas. WasteExpo is the leading event in North America for waste, recycling...
The Paycheck Protection Program (PPP) officially ended on Monday, May 31, 2021, which means businesses are no longer able to apply for loans under the program. However, if your company received a PPP...
Industries, such as construction, manufacturing, transportation, or waste hauling, that rely on revenue generating equipment are very capital intensive and have a lot of equity tied up in that...
When considering an equipment acquisition for your business, you may have wondered, “Should I choose a lease or a loan?” Depending on your industry, the type of equipment you intend to acquire, and...
When it comes to obtaining equipment for your growing business, you have some options for procurement - rent, buy, or rent with an option to purchase (typically known as a rental purchase option or...
