On September 21st, 2020, the IRS finalized regulations concerning the depreciation of equipment purchases.
Businesses often overlook utilizing the Section 179 deduction as a benefit of equipment financing in the form of tax savings. But what is this deduction, exactly? Section 179 of the Internal Revenue Code is a tax law designed to help and encourage business owners like you to invest in equipment and technology. Section 179 allows […]
The world of business financing can feel intimidating– especially if you’re worried about money and how you’ll get it. You may be apprehensive about approaching banks for a host of reasons; and they’re probably all running through your head on a constant loop:…business too new, credit too low, money tied up, in a rush… The […]
Article written by Tamara McCourt for Newsline Magazine
No matter the industry, most businesses require the purchase of equipment to keep growing and thriving. From medical equipment to machinery, purchasing equipment can, however, be costly. Equipment financing gives your business a flexible means to obtain the equipment you need for the long term without greatly impacting capital cash flow in the short run. […]
See the original article in Contractor’s Hotline October 26th, 2018