Section 179 2017

It is the 4th Quarter of 2017 and the year will be over before you know it.  Are you taking advantage of the Section 179 Tax Deduction for purchasing new equipment for your business?

Financing your new equipment before the end of the year may allow you to keep more of your money through Section 179 Tax Deductions.

What is Section 179?

Section 179 of the IRS tax code allows businesses to deduct the cost of certain types of equipment on their taxes. You must purchase the qualifying equipment before December 31, 2017. Ask your tax professional how Section 179 can work for your business.

Section 179 Deduction for 2017: $500,000.00

 Qualifying purchases up to $500,000.00 may be deducted 100% the year it is put into service.

Bonus Depreciation; Maximum Qualifying Purchases: $2,000,000.00.

Once the maximum Section 179 deduction of $500,000.00 is exceeded, bonus depreciation kicks in at 50%, until you reach the maximum qualifying purchases of $2,000,000.00.

Note: The section 179 deduction applies to NEW and USED equipment whereas the bonus depreciation is only available for NEW equipment.

It’s the 4th quarter already. Time is running out!

Invest in your business today and improve your bottom line with Section 179 deductions.

Computer & Equipment Financing provides financing programs with competitive pricing, simple processing, same day funding and outstanding customer service, so get started with us today.

Call today to learn about this and our financing products

772-978-1194

Info@computerfinancing.com

 

 

 

Not an authorized tax advisor and not giving Tax advice. The correctness of Information provided is not guaranteed.  You must consult your tax advisor, visit www.irs.gov or contact the IRS helpline at 800.829.4933 to confirm if you qualify for this tax benefit.

The Benefits of Equipment Finance

Benefits of Equipment Finance

Why do businesses ranging from mom-and-pop operations to Fortune 100 companies finance their equipment? It’s because of access to a wide range of benefits. With equipment financing, you can:

Get 100% financing with no down payment Unlike requirements of most traditional lenders, you may be able to arrange 100 percent financing of equipment with no down payment. This is key if cash flow is a concern to your business.
Maintain cash Equipment financing is a source of funding that lets you hold onto your cash, or working capital, so it can be used for other areas of your business, such as expansion, improvements, marketing or R&D.
Manage risk Equipment financing can help mitigate the uncertainty of investing in a capital asset your business needs until it achieves a desired return, increases efficiency, saves costs or meets other business objectives.
Hedge against inflation Equipment financing may hedge inflation risk because instead of paying the total cost of equipment up front or with a large down payment in todays dollars, the stream of payments delays your outlay of funds. In addition, either a lease or loan can lock in the rates that exist on the date of the closing. In other words, the finance company absorbs the devaluation of your payments over time due to inflation and other financial risks.
Plan expenses for cash flow and business cycle fluctuations Financing equipment helps maintain cash flow and greater certainty in budgeting by setting customized rent payments to match cash flow and even seasonal cash flows.
Keep up to date with new technology Leasing, loans or other financing often enables you to acquire more and better equipment than you could have without financing. Certain leasing finance programs can also allow for technology upgrades and/or replacements within the term of the lease contract.
Address tax considerations Tax-oriented leases should produce lower rents since the lessor retains title and depreciation. A tax-oriented lease is a transaction that includes the value of tax benefits. Conversely a conditional sale or loan enhances tax benefits of higher deductions to the lessee/borrower.
Leverage equipment expertise The equipment financier can bea valued consultant, providing benefits that range from setting residual rates through lifecycle asset management solutions.
Avoid getting stuck with out-of-date equipment When a lessor owns the equipment in a true lease, the lessor bears the risk of the equipment used by a business from becoming obsolete.
Outsource asset management Many financing companies provide asset management services that can track the status of equipment, know when to upgrade or update it, and provide services relating to installation, use, maintenance, de-installation and disposal of the equipment.
Obtain the convenience of product and service bundling Certain financial products allow customers to finance the entire cost of equipment, including installation, up-front maintenance, training and software charges, thereby packaging systems and ancillary products and services into a single, easy-to-manage solution.
Get no-hassle equipment disposal Equipment management by a third party, such as an equipment financing company, should enhance the ability of a business to focus on its core operations. In the case of computers and other technology devices, these companies may also agree to dispose of equipment. This service can prevent the lessee or borrower from incurring legal penalties for improperly disposing of such assets because disposal is often regulated by federal, state and local governments.

– See more at: http://www.equipmentfinanceadvantage.org/ef101/benefits.cfm#sthash.DCNwOy1x.dpuf

Technology Financing for your Business

Computer & Equipment Financing, an early pioneer in Technology financing has been financing for computers, software, medical & scientific equipment since 1992. 
 
For over 20 years we have been the “Go To” place for Technology
financing, it’s in our name. Our business has been built on a simple truth; earning our customer’s trust through consistent, reliable and outstanding customer service.


We understand the complexity of Technology financing and use our experience to make the process simple, quick, and cost effective.  We have found that the best solutions are the ones handcrafted by listening attentively to our customers’ needs and to structure programs that address those needs.
 
Having direct lending sources, syndications and other non-bank resources; enables us to meet a wide array of financing customers. From Fortune 500 to Small Business; we have the experience, resources and means to be your Technology Financing Partner.

Deferred Payments on Equipment Financing

We had such a strong response to the Deferred Financing Special; we have decided to extend it to the end of October. We can structure a deferred program to fit the individual customers for all of your equipment financing needs, but here are three of our more popular ones;

Short Term Deferred
One Regular Payment Down
$100.00 for payment 2 and 3
Payment 4 to (24, 36, 48 or 60) Regular Payment

Limited Down Deferred
Only $25.00 Down to Start Any Transaction
Payment 1 to 3: $25.00
Payment 4 to (24, 36, 48 or 60) Regular Payment

Extended Deferred Financing
$76.00 Down
Payment 1 to 6: $76.00
Followed by customers choice of a 36, 48 or 60 month term.

Contact our office to learn more about out Deferred Financing Programs

info@computerfinancing.com

How Equipment Financing Equips Your Business for Success

How Equipment Financing Equips Your Business for Success