HI there XPX DC!  As we approach the end of 2020, many businesses are seeking ways to lower their tax liability.  Section 179 accelerated depreciation allows them to purchase new equipment and write off up to $1MM in year one!  Many businesses are under a time crunch, and want to make their purchase right now. 

DID YOU KNOW that we can do a loan even if the client has already bought the piece and paid cash?  We simply deposit the proceeds in their checking account.  This will allow them to maintain a cash reserve, and as we can term out the loan up to 10 years, it will help preserve cash flow.  Headline risk is very real, so if you have clients interested in a year-end equipment purchase, I recommend they get a commitment letter in hand ASAP.  I'm always happy to talk through a deal, email or call me if I can help.  Thank you!