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FINANCE

How to Get a Business Credit Card

No matter the size of your business, applying for a business credit card can offer a variety of benefits. You can use a business credit card to cover everyday expenses, build your credit history, and, in most cases, earn rewards for your…

Section 179 & Bonus Depreciation

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 savings, the changes, and things to…

How Loan Terms Affect Payments

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 upon cash flow needs or what the business…

Holiday Gifts for Truckers

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 are spending time behind the wheel.

Get Your Financial House in Order

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 left unchecked can be costing your…

The ABCs of Equipment Financing at CCG

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 differently than banks and other lenders.…

Do You Know Your Lender as Well as They Know You?

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 insight into your financial history and…

Reduce the Impact of High Prices by Refinancing

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 trailer that cost $35,000 two years ago…

Preparing for the Next Economic Downturn

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 uncertainty that recessions bring,…