Fidelity Capital Helping Business Take Advantage of Section 179

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Large deductions available for companies that lease or finance qualified equipment

We look to keep the momentum going as we head toward the new year and our 21st year in business

Fidelity Capital, a leading provider of a wide variety of lending services, announced its ability to assist business owners in securing a Section 179 deduction for leasing or financing of qualified new or used equipment for their businesses.

Section 179 offers a deduction of $1,000,000 for companies that lease or finance qualified equipment. Fidelity Capital has open credit windows for all types of industries, including technology, medical, manufacturing and transportation.

“The Section 179 deduction offers an outstanding incentive for business owners to pull the trigger on leasing or financing the equipment they need to grow their business,” said Alan Eppstein, Account Executive at Fidelity Capital. “Business owners that have been considering obtaining new or used equipment should take this opportunity to earn some savings while getting what they need.”

In addition to encouraging business owners to take advantage of the Section 179 deductions, Fidelity Capital announced continued growth across its portfolios, correlating with the sustained growth in the economy. The company pointed to major growth in the technology sector in particular in 2019, as well as an uptick in the transportation industry over the last two quarters.

Looking ahead, Fidelity Capital expects to see some significant growth in the medical industry, as many medical professionals are looking to expand and grow their medical practices by leasing or financing new equipment.

“We look to keep the momentum going as we head toward the new year and our 21st year in business,” said Eppstein. “We are pleased to be able to continue helping small- and medium-sized businesses grow and compete in a global economy.”

For more information about Fidelity Capital and its services, visit the company’s website, http://www.fidelitycapitalonline.com.

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Alan Eppstein
Fidelity Capital
+1 949-502-5900 Ext: 250
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