Business Resources
Tools and information to help your business make the right decisions
Overview:
Section 179 Tax Deduction
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves. Learn more about IRS Section 179 Tax Deduction.
Equipment Financing Calculator
Adjust the slider to your desired funding amount
Amount Needed
$10,000
Estimated monthly payment
$ 461
for 24 months$ 322
for 36 months$ 253
for 48 months$ 212
for 60 monthsThe values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator.
Working Capital Calculator
Adjust the slider to your desired funding amount
Amount Needed
$3,000
Estimated monthly payment
$ 650
for 6 months$ 433
for 9 months$ 325
for 12 months$ 216
for 18 monthsThe values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator.
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