Whether a business is looking to expand their offerings by obtaining more equipment, just starting a business or have plans to upgrade equipment, leasing and financing is very attractive – especially with Section 179 still in full effect.
Boston, MA (PRWEB) December 01, 2014
In 2013, Section 179 of the United States tax code was updated in such a way that made equipment leasing an extremely beneficial decision for companies. Thanks to the Section 179 tax deduction and the right equipment lease/finance agreement, the amount deducted in taxes may actually end up being greater than the amount spent for the equipment itself. In some cases, the full amount for the equipment could be deducted without the business actually paying for the equipment in 2013.
To learn more about Section 179, click here for more information:
In 2014, Section 179 remains an effective way for business owners and companies to reap the benefits of leasing their equipment instead of outright purchasing since businesses can deduct up to $25,000 when paying for equipment.
New Businesses Face Multiple Challenges Acquiring Equipment
Newer businesses face serious challenges in being able to afford new equipment for their growing businesses. Equipment is considering one of the more important and more expensive parts of a business - but acquiring that equipment for a business is oftentimes fraught with obstacles of all kinds. Even the process of equipment leasing itself – with its pushy salespeople, heaps of paperwork and antiquated financing process stops even the most seasoned businesses dead in their tracks.
Companies in need of new and updated equipment want to acquire their equipment fast without the hassles, which makes acquiring equipment through a leasing and financing marketplace like LeaseQ all the more appealing. The tax benefits of equipment leasing have never been better thanks to Section 179 - which makes the One Touch Platform at LeaseQ even more attractive.
When asked about the impact on Section 179 and the prospects of equipment leasing in 2014, LeaseQ Founder and CEO Vernon Tirey is particularly sanguine, asserting “Whatever the business, 2014 is looking like a good year to get the equipment you need. Whether a business is looking to expand their offerings by obtaining more equipment, just starting a business or have plans to upgrade equipment, leasing and financing is very attractive – especially with Section 179 still in full effect. We’ve seen this robust confidence in the small business become especially strong in recent months as more companies continue to expand and look for equipment upgrades.”
Countless businesses have a high demand for good equipment, no matter what product they offer or how far along they are along in their business journey. Whether the company is just starting and needs its first equipment or has been in business for some time and is looking for an upgrade on old equipment, businesses need helpful solutions for their equipment needs.
Luckily, LeaseQ can help by offering businesses a seamless and easy option as to how to get their equipment. With advantages like Section 179, companies can get everything they need for their business in such a way that’s manageable with their financial situation.
With LeaseQ’s unique, online system, business owners can easily find effective ways to get their equipment for their company. LeaseQ connects hundreds of independent equipment leasing companies, regional and local banks and international financial services companies with potential lessees. Enter some basic information, hit the “get quote” button, and LeaseQ runs a soft credit check, which has no affect on a business’ credit score. Within minutes, LeaseQ’s system offers a host of effective equipment leasing solutions for any business.
LeaseQ was started in 2012 in Woburn, Massachusetts, and their goal is to provide companies with quick, easy equipment based solutions by connecting businesses to leasing and financing companies. LeaseQ has a reputation for offering business owners a fast, easy way to get the equipment setup they need. Visit them at https://www.leaseq.com