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FINANCE & PAYMENTS:
Giben & Anderson America Group works with a variety of leasing and funding sources. If you have a dependable or competitive source, then we encourage you to use whomever you are most comfortable with. We offer the tool below as a competitive comparison, from a reliable source, to help you justify the return on this machine investment. Feel free to contact them directly with questions and for further clarification on their rates & approval process.
Section 179 Deduction:
• Provides businesses with an alternative to capitalizing the full cost of new property and depreciating it over its useful life.
• Enables businesses to deduct up to $1,000,000 of the total cost of newly acquired property.
• Establishes a maximum investment threshold of $2,500,000. Purchases over the threshold will result in a dollar-for-dollar reduction of the allowed $1,000,000 deduction, zeroing out at $2,500,000.
Huntington National Bank
Tom Donnelly @ 303-565-6635