Financing is 100% tax-deductible for your existing business as part of the Section 179 Tax Code.
Financing is an operating expense and treated as a lease until ownership is transferred at the end of the term.
Quick & Easy
2-minute application. Approval within 24 hours. Funding within days.
Section 179 Tax Savings Explained
Section 179 of the IRS Tax Code grants small business the opportunity to deduct the full purchase price of financed or leased equipment for the current year (up to $1M). This tax code was created to help businesses just like yours!
For more information on Section 179, please visit http://www.section179.org/