The Section 179 deduction is anticipated to remain at $1,160,000 providing a valuable tax incentive for companies investing in new equipment Interest rates are projected to decrease Businesses will still face challenging credit underwriting conditions, making it...

Vendors can offer a subsidy, allowing customers to purchase equipment at a reduced finance rate. Why is offering a subsidy effective? It enhances cash flow for both the customer and the vendor. A financial subsidy can set a vendor apart from competitors. It fosters...

Successful companies use the right equipment. Automating your processes and reducing labor costs can increase profitability. Financing helps companies secure the funds needed to replace older equipment. Example: Capital Equipment Cost: $100,000 Monthly Estimated...

FED keeps Rates StableNews From SCL Equipment FinanceAt the June 12th Federal Reserve meeting, Chair Jerome Powell announced that the benchmark lending rate will remain at its current level. Rates are stable for now. As we enter the third quarter of 2024, we are...

TAX BENEFITS EQUIPMENT PURCHASES 2024 Section 179 is a tax code that allows businesses to deduct the full purchase price of qualifying equipment purchased or financed during the tax year. By taking advantage of Section 179, businesses can significantly reduce your...

Restaurants are embracing automation with Flippy and Rosie, the robotic waitresses. A fun read! The Flippy & Rosie Robotic solution for restaurants seeking to optimize operations and cut down on labor expenses Flippy and Miso Robotics. Flippy utilizes advanced...

Support your local Girls Scouts Girl Scout Cookies and what to know about the $800M business About 200 million boxes of Girl Scout Cookies are sold every year The Girl Scout Cookie Program founded in 1917 strives to offer girls important experiences in...

The Must-Know Ways Small Business Will Change in 2024 Looking ahead to 2024, small businesses need to stay on top of market changes. From new technology to evolving customer and employee demands, it's essential to continuously adapt. To help entrepreneurs succeed in...

Capital Preservation in 2023Budget Your Equipment Purchase With a Fixed RateThe Question Is Not “If” To Automate, But “How” Companies are zeroed in on profitability this year. This means becoming more resource savvy and finding effective ways through Automation to do...

Even with interest rate hikes, business outlook optimistic The basic rule of customer service. Person-to-person interaction, Trust, Personalized experience, understanding of the clients needs and budgets, Support, basics manners, a good digital experience,...