Fidelity Capital Helping Businesses Meet Equipment Financing Needs Before End of Year
Company helps businesses to take advantage of financial benefits of financing before year closes
IRVINE, Calif. — Fidelity Capital, a California-based agency specializing in equipment leasing and financing, announced that it will help companies to meet their equipment financing needs before the end of 2014 to provide them with a variety of financial benefits.
These benefits include depreciation deductions available through Section 179, which enables taxpayers to deduct certain types of equipment as expenses rather than forcing the taxpayer to absorb the costs associated with depreciation of equipment value. Companies can elect to defer their payments until the New Year.
“For many businesses that are in major need of upgraded equipment right now, this is great news,” said Alan Eppstein, Account Executive at Fidelity Capital. “For one, financing allows companies to break down the cost of the equipment in payments rather than having to pay the full amount all at once. Additionally, these Section 179 benefits ease a lot of the worries that companies understandably have about financing equipment. It’s a win-win situation.”
Fidelity Capital recommends that companies create a wish list of equipment and then analyze that list to determine priority items. By splitting financing for that equipment between the last couple months of 2014 and during 2015, companies can better take advantage of the Section 179 deductions policy, especially considering the $500,000 limit in place for those deductions.
Because of these benefits, the end of the year is a prime time to begin financing equipment, especially for businesses that are in dire need of new equipment. Fidelity Capital assists companies looking to finance medical equipment, dental equipment, furniture, computer equipment, manufacturing equipment and more.
“We strongly encourage companies with equipment needs to fully investigate the options they have available to them before 2014 comes to an end,” said Eppstein. “We at Fidelity Capital are pleased to speak with business owners to provide them with more information about how financing within the next couple months can be beneficial to their organization.”
Founded in 1999, Fidelity Capital has earned a national reputation for innovation and customer service. Its clients range from small start-ups to Fortune 500 companies. Fidelity’s mission is to structure creative solutions for your company’s needs, whether those needs are acquiring new or used equipment or restructuring your existing lease lines.
Learn more about Fidelity Capital and its equipment leasing and financing options at www.fidelitycapitalonline.com.
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