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With the Tax Cuts and Jobs Act of 2017, Section 179 now has substantial changes affecting financing or leasing equipment as found on PNC. As the PNC article states, "whether a company acquires equipment through a lease or loan, Bonus Depreciation should help make the transaction more affordable."
Financing Equipment - Financing your equipment means you take a loan out through banks, private lenders, or loan companies with intentions of owning the equipment once the debt is paid off. Depending on changes, such as those in Section 179, it may take some number crunching to decide if purchasing is better over leasing for your business.
Leasing Equipment - With leasing, you will not own the equipment. You will be renting it for use over a specified period of time. Leasing has its benefits as found on Business News Daily.
To give our customers more flexibility, options, and solutions, Liberty Leasing is right here on location to offer rental and leasing options. We have semi-trailers, of all makes and models, and our piggyback forklifts that can be rented or leased.
If we don't have what you job application requires, we make it easy for our customers. We can source the equipment you need. Call and ask for the Liberty Leasing staff with any questions at 708-258-6900.
Country Supply, Inc., located approximately 45 miles south of Chicago, offers the best semi-trailer brands in the industry. We are proud to represent Reitnouer, Trail King, XL-Specialized, Doonan, Transcraft, and Prowler Forklifts.
Our team consists of a friendly sales team members, who have the confidence of a highly-trained service team keeping our customers' equipment rolling. Our efficient parts department is dedicated to making sure we have what we need to keep our service technicians delivering quality service and warranty. Because we know our customers' drivers are away from home, and on the road, we have our online parts store for customers to get the parts they need.
From leasing the equipment to keeping your equipment fine-tuned, the entire team at Country Supply, Inc. is here for you. It is our commitment to our customers to help keep America moving.
Disclaimer: Please note that all information, photos and prices are subject to change or correction without notice. All liability expressly disclaimed.
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