Crest Capital Roofing Loan Review – Pros, Cons & Verdict
Crest Capital offers fast, equipment‑focused financing for roofing contractors, with APRs from 8%‑25% and funding in 3‑7 days, but higher rates and revenue limits may deter newer firms.
Pros
- APR as low as 8% for strong‑credit borrowers, competitive for roofing equipment financing
- Funding typically within 3‑7 business days, letting projects start quickly
- Loan amounts from $10,000 up to $5 million cover single pieces of equipment to full fleet purchases
- No pre‑payment penalties and eligibility for Section 179 expensing on financed equipment
Cons
- APR can rise to 25% for sub‑prime applicants, making the top‑end cost high
- Minimum annual revenue of $100 K and 6‑month operating history exclude many start‑ups
- SBA‑backed portion follows the standard 30‑90‑day approval timeline, slowing urgent projects
| APR range | 8% – 25% APR (depends on credit score & loan size) |
|---|---|
| Funding speed | 3–7 business days for standard loans; 30–90 days for SBA‑backed |
| Min. credit score | 650 FICO for standard; 640 FICO for SBA |
| Min. time in business | 6 months (standard) – 24 months for SBA |
Verdict
Crest Capital is a solid option for roofing contractors with good credit who need fast, equipment‑focused funding, but it’s less ideal for newcomers or borrowers seeking the cheapest possible rate.
Verdict
Crest Capital is a strong fit for roofing contractors who have a credit score of 650 + and need financing fast, but it is less suitable for borrowers with weaker credit or those looking for the absolute lowest rates.
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Pros and cons
Pros
- Low‑end APR of 8% for borrowers with strong credit, competitive for roofing equipment financing.
- Rapid funding; most approvals close in 3‑7 business days, letting you start projects without delay.
- Wide loan range from $10,000 up to $5 million, covering everything from a single lift truck to a full fleet.
- No pre‑payment penalties and the ability to claim Section 179 on financed equipment, squeezing tax savings.
- Flexible credit criteria; a 650 FICO floor and 6‑month business history are lower than many traditional banks.
Cons
- APR not disclosed up front; rates can rise to 25% for sub‑prime applicants, making cost comparison harder.
- Minimum revenue of $100K/year excludes newer start‑ups still building a client base.
- SBA‑backed portion carries the typical 30‑90‑day approval timeline, slowing down the fastest projects.
- Higher‑cost borrowers may find cheaper options through local credit unions or the SBA’s 7(a) program, which offers Prime + 2.75%‑4.75% rates.
Key terms
- APR range: 8%‑25% APR, depending on credit score and loan size (Crest Capital guide).
- Funding speed: Standard loans funded in 3‑7 business days; SBA‑backed financing takes 30‑90 days (Crest Capital guide).
- Minimum credit score: 650 FICO for standard financing; SBA loans require 640 FICO (SBA source).
- Minimum time in business: 6 months for Crest Capital’s standard product; SBA requires 24 months (SBA source).
Background & how it works
Crest Capital is a specialty finance firm that focuses on equipment and working‑capital loans for trade contractors, including roofing businesses. The lender markets a "Roofing Company Financing" product that bundles equipment leasing, term loans, and lines of credit into a single application.
After a quick online questionnaire, Crest Capital runs a soft credit pull and reviews your last two years of tax returns and profit‑and‑loss statements. If approved, you receive a funding offer with the APR, term length, and any required down payment. Funds are deposited directly into your business bank account, and you can use them to purchase tractors, safety gear, or to cover crew payroll for a large roof‑replacement project.
Compared with alternatives, Crest Capital sits between the high‑speed, higher‑rate options like Bay Street Lending’s 24‑hour working‑capital deals (Bay Street source) and the slower, lower‑rate SBA 7(a) loans that require up to 90 days for approval (SBA source). For many roofers, the speed advantage outweighs the higher top‑end APR, especially when the loan is used to secure a time‑sensitive contract.
RoofingFinancing.finance does not resell your information to a pool of lenders. Your application is routed to Crest Capital as a vetted match, keeping your data secure and avoiding the auction‑style model popularized by sites like LendingTree.
For a deeper dive on how Crest Capital structures its equipment financing for contractors, see the related review of its HVAC program, which outlines similar rate bands and funding timelines (Crest Capital Review – HVAC Equipment Financing for Contractors).
Bottom line
Crest Capital delivers fast, flexible financing for roofing contractors with decent credit, making it a good choice for growth projects that can’t wait. If you qualify, the speed and equipment‑focused terms often outweigh the higher APR ceiling.
Disclosures
This content is for educational purposes only and is not financial advice. roofingfinancing.finance may receive compensation from partner lenders, which may influence which products are featured. Rates, terms, and availability vary by lender and applicant qualifications.
Sources
What business owners say
4.9-
This company was lightning fast and the experience was amazing. Thank you, Dan — you're a real pro!
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Good service Joseph Krajewski is the best agent ever. He provided excellent service. I strongly recommend working with him if you have the opportunity.
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They gave me a chance when nobody else would. I'm very satisfied.