Should You Finance or Lease

Equipment Financing Agreements (EFA) An Equipment Financing Agreement (EFA) can be a cost efficient way to secure equipment. With the Section 179 Tax Deduction, equipment is 100% deductible in the year it is put into use. Those tax savings can have a big impact on your bottom line and may even cover the first year’s payments.* In addition to the tax savings, you will own the equipment at the end of the payment period. Unlike a lease, there is no [...]

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