Leasing Options
Midwest is dedicated to helping you find the right equipment for your shop. Leasing is an easy and economical way to get your business running on the latest equipment. That's why we've teamed up with leasing companies to offer you a variety of equipment financing options.
Tax Savings Opportunity!
The Benefits of Leasing!
Our Leasing Partners:
Tax Savings Opportunity!
The Economic Stimulus Act of 2008 contains two key business tax incentives that make this year a great time to invest in new equipment for your shop. Your company will receive a 50% bonus deduction on new equipment that would normally be depreciated over many years. Also, the limit on expenses that small businesses can deduct from annual income has been raised to $250,000 (IRS Section 179).
To qualify for the deduction, equipment must be placed into service between 12/31/07 and 1/1/09.
Contact Midwest for more information!
The Benefits of Leasing
- Conserves Working Capital.
- Can provide 100% financing for equipment acquisitions.
- Keeps existing bank and other lines of credit open.
- Provides an additional source of credit for equipment purchases.
- Helps to overcome budget restrictions and limitations.
- Helps to maximize cash flow.
- May not require down payments.
- May offer tax savings.
- May provide "off-balance-sheet" financing.
- Provides specific equipment, chosen by the lessee.
- Equipment is acquired from suppliers chosen by the lessee.
- Protects against operating obsolete equipment.
- Hedges against inflation with fixed monthly payments.
- Flexible financing that can be matched to specific customer needs