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Posted May 24, 2022

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...

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Posted April 29, 2022

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...

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Posted March 30, 2022

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...

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Posted January 07, 2022

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...

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Posted May 10, 2021

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...

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Posted February 08, 2021

Buying used equipment can be a great way to obtain additional equipment at reasonable prices, and while it’s often easy to find available used equipment, there are some factors you should consider...

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Posted February 02, 2021

Recently we provided a brief review of 2020 and some of the business lessons learned from the chaos and struggles. One of the main points in that article was that the industries served by CCG -...

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Posted August 20, 2020

When most people think about equipment financing, they think in terms of a specific purchase of either new or used equipment. But there are many other reasons to finance, or refinance, equipment. In...

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Posted July 08, 2020

Most of us have heard about or read about people being scammed. In fact, the Federal Trade Commission reported for 2018, that 1.4 million Americans reported instances of fraud, losing $1.48 billion...

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Posted May 07, 2020

Commercial Credit Group Inc. (CCG) is in the equipment finance business. Since the company’s founding in 2004 we’ve been financing equipment for the construction, transportation, and waste...

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Posted April 01, 2020

Many businesses have hidden capital in the form of equipment assets. The value of this equipment can run the gamut from a few thousand dollars to millions of dollars. If the actual value of the...

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Posted December 30, 2019

When it comes to financing equipment, many companies use their local bank or credit union. Companies tend to have relationships with these institutions because they handle checking and savings...

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Posted July 25, 2019

Along with the pressure caused by the national driver shortage, ELD regulations and continued detention rate issues, transportation companies are now feeling the effects of low freight rates. In Q1...

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Posted July 15, 2019

Reluctant to buy new equipment because of existing debt load? We get that. It’s not good business to overextend yourself. But sometimes it’s possible to improve cash flow, consolidate existing debt,...

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Posted April 30, 2019

You’ve determined that your business needs a new piece of equipment. Great. You’ve already found the perfect machine – it’s shiny and new (or maybe shiny and used), but you don’t have cash to pay for...

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