Section 179 of the IRS tax code allows businesses to deduct the full price of equipment and/or software purchased or financed during the tax year.
This means that if your customer finances qualified equipment, they can deduct the FULL PURCHASE PRICE from their gross income.
The U.S. government created this incentive to encourage businesses to buy equipment and invest in operation.
At NewLane Finance we live by our core values of integrity and transparency to ensure that everything we do advances our mission of business lending done right.
Powered by a $13B bank, and a leadership team with 100+ years of combined equipment financing experience, we strive to provide superior financing solutions and an unmatched level of customer service.
Competitive monthly payments.
Preserves margins.
Same day funding.
Promotes repeat business.
Decisions within two hours.
Work with a dedicated NewLane Finance representative .
Business Development Account Manager
267-768-3186
shanequinn@newlanefinance.com
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