Equipment Financing Information –
to make your acquisition easier.
Piranha is here to help you make your shop run better, and that includes making your acquisition easier, too. Here is some information to help get you started. Some of our abilities include:
- $750,000.00 same day application only program
- 100% financing
- No Payments for 3 Months (limited time offer)
The Tax Cuts and Jobs Act of 2017 made significant changes to both Section 179 and bonus depreciation which, when used together, may allow businesses to deduct up to 100% of capital purchases.
Big Tax Changes:
- Section 179 • Deduction limit increased from $500,000 to $1,000,000
- Phase-out threshold increased from $2,000,000 to $2,500,000
- Bonus Depreciation Level increased from 50% to 100% and remains at that level for five years
- Section 179 & Bonus Depreciation Combined
- Total expensing increased from 50% of total spending to unlimited for new equipment
Speak to a qualified tax professional familiar with your specific business circumstances to learn how these changes apply to your purchase.
Thermal Cutting Machines
- 650 Race St. P.O. Box 1206
Rockford IL 61105, USA
- Toll Free: 800-338-5471
- Local: 815-964-6771
- Fax: 815-964-3175