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What Are Best Months To Finance Equipment?

When you think about the best months to finance equipment, what month do you generally think is the best? We think any time of the year is a good time to finance equipment, but every month also has some strong points. As we get ready to dive right into August, we want to look at some reasons why August will be a great month to finance equipment.

In August, many companies are still trying to dig themselves out of the tough summer slump. The slump may be more noticeable in August because companies will have the July numbers, and unfortunately, the numbers are not always strong for many businesses. This means there can be some great advantages and deals around that you may not be aware of.

If you make the decision to finance equipment now, are you aware that you can take advantage of the Section 179 deduction? When you finance equipment now, there is a strong chance that you will be able to pay less in payments this year than the earning dollars you will obtain from taking the deduction. 

Another reason why financing equipment in August can be a great decision is that of the goals and plans you may have for the remainder of the year. If you are waiting for all of your employees to return from their vacations to reveal your next big plan, financing your equipment in August could mean that everything you need to carry out the plan will be available as soon as you need it. You can head right into the next quarter with everything ready to go. 

Since we are over halfway through the year, this means the newer models of equipment are getting ready to make their grand entrance. When the latest equipment starts to roll out, this means the models that were new this year will be in someone's way. Do you know what this can mean for you? A great deal!

You can enjoy the rest of the summer, but you can also start looking for some all-around fantastic equipment to finance in August. For more information on equipment leasing, please do not hesitate to contact Equipment Leasing Solutions today.