Financing CNC Machines in 2019

It’s been a few years since I discussed financing CNC machines. But it’s a good topic to revisit because CNC machine financing continues to be a very strong part of the equipment financing industry. The reasons for the popularity are pretty easy to understand: CNC machines are incredibly useful to all manner of industries, and as technology increases,… Read More »

theLeaseGuy

The Two Sides of Section 179

I’ll continue on Section 179, because I had a quick thought that I wanted to expand on. I have talked about Section 179 a lot, and how companies can use this great tax deduction to buy equipment that improves their operations and production.  I have also talked about using Section 179 to sell more. In other words, if… Read More »

theLeaseGuy

Summertime Section 179

Let’s talk about Section 179 and equipment financing for a few minutes. Because the 2019 calendar says summer is here, and that means something very special.  It means that if you finance equipment and take the Section 179 deduction, you will likely save MORE in taxes than you will pay out in monthly payments for the rest of… Read More »

theLeaseGuy

Fletch’s Mailbag: A used equipment purchase

So I got this question in my e-mail the other day. Usually I don’t have the time to respond to these personally, but this one asked about an issue I posted about a few months ago, so it was still fresh in my mind. Dear Fletch, I want to buy equipment from a local company that’s going out… Read More »

theLeaseGuy

The Summer Upgrade

Summer is right around the corner. Baseball, hot dogs, fireflies, the beach, 4th of July, etc. Summer is traditionally a slower time for many companies. Kids are out of school, there’s a lot of “after work” activity, plenty of families take vacations in the summer, and more. So staffs are shortened, and while plenty of business still gets… Read More »

theLeaseGuy