Crestmont Capital
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Crestmont Capital is a business lender based in Irvine, California, stating it has lent over $2 billion to more than 5,000 business owners, across equipment financing and leasing, SBA loans, term loans, lines of credit, invoice financing, and merchant cash advances.
Its pickleball commitment is documented in three dedicated guides on its own blog: Pickleball Club Business Loans, Pickleball Business Loans, and a Chicken N Pickle Franchise Loan guide. The club guide maps the full financing menu to facility needs: term loans of $100,000 to $2 million, SBA 7(a) up to $5 million on 10 to 25 year terms with capped rates, SBA 504 from $250,000 to $5.5 million, equipment financing on 24 to 84 month terms for court surfaces, lighting, and HVAC, lines of credit from $25,000 to $500,000 for seasonal operations, and commercial real estate loans at 20 to 30 percent down.
The guides also size projects, citing facility construction costs of $150,000 to $3 million plus and court costs of $15,000 to $40,000, with borrowing staged from $25,000 startups to $1.5 million plus buildouts. SBA closings run 30 to 90 days; equipment financing can fund in 24 to 72 hours.
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