FINANCING

The Benefits of Leasing

Protection from Obsolescence

Take advantage of the latest technology while having the flexibility to make upgrades and additions when needed

Conservation of Capital

Preserved working capital and bank lines of credit for other profitable activities

Tax Benefits

Deduct monthly lease payment as an operating expense. Your monthly lease payments typically are tax deductible as a business expense (Consult your tax advisor)

Cash Flow Predictability

Reduce financial uncertainty and increase forecasting accuracy with consistent lease payments

Simplify Budget Approval

A lease can be categorized as operating expense, which generally require a lower level of approval (departmental vs. corporate) then purchases do.


Section 179 Tax Credit:

Don't forget about your Section 179 IRS tax code savings!

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year, UP TO $1,000,000 IN YEAR ONE with a "total equipment purchased for the year" threshold of $2,500,000.

If your business buys or leases a piece of qualifying equipment you can deduct the full purchase price from your gross income.

  • Equipment & Software are eligible
  • 100% deduction up to $1,000,000 & $2,000,000 to $2,500,000
  • Equipment purchase limit of $2,000,000

The U.S. government created Section 179 to encourage businesses to spend money on equipment and software. This is ideal for small and medium businesses looking for a tax advantage.

Call your Next Vision sales rep today to see how we can help your practice take advantage of this opportunity!

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