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To get approved for a Crest Capital loan, you need at least two years of business under your belt and a credit score of 650 or higher. You also can’t have a history of any delinquent payments or nonpayment with any other lenders. Crest Capital offers Section 179 qualified financing, which allows tax deductions on the cost of equipment. Under Section 179, small businesses can deduct up to $500,000, with a threshold of $2 million for total equipment purchased for the year. Besides the interest rate, the only fee Crest Capital charges is a $250 documentation fee.

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