Year End Equipment Financing
Many businesses give additional consideration to equipment financing as the end of the year approaches in order to take advantage of special offers from dealers. It’s important to keep financing and leasing in mind as they may offer the most efficient way to acquire equipment to meet your business needs.
Given growing equipment demand amid ongoing economic uncertainty, many businesses find that equipment financing is a key strategy. The current market shows equipment lease and finance options as vital and available as ever, enabling businesses to secure the assets they need when they need it, while preserving capital for other business needs.
Flexible Financing. Keep your cash for future needs, not tied up in fixed assets. The types of financing – especially leases – are flexible and can be tailored to specific accounting, tax or cash flow needs.
Save Capital. You don’t need a large cash outlay to get equipment, allowing you to keep cash on-hand for growth initiatives and mitigate the uncertainty of investing in capital assets.
Section 179. Depreciate the asset with a finance agreement or deduct rental payments as a direct expense with a lease to take advantage of potential tax savings.
Business Cycle Flexibility. Structure payments to align with the specific cash flows of your business, while hedging against inflation by locking in fixed payments.
Reduced Risk. Instead of considerable capital outlays resulting in budget fluctuations, financing enables expense planning and removes unnecessary risk allowing you to focus on your business.
Industry Expertise. Our relationships with manufacturers and dealers, that allows for optimal transaction structure and potential benefits.
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