"The
secret of success is the consistency to pursue." - Harry F.
Banks
Although it's only September, the end of the year is
fast approaching! Before we realize it, it's going to be the end
of the year and if you're like me you will be scrambling for last
minute holiday gifts. The good news is that the 4th quarter of the
year is probably the best time of year for buying any new equipment for
your business.
The last quarter of the year often offers lower
rates because lenders are calendar year tax payers and they
are also striving to meet or exceed their year-end
numbers. In addition to lower rates, they often tend to be a bit
more flexible with their criteria. This is to your advantage
so why put off that purchase any longer?
Also, start talking to your accountant
about year-end tax planning. The goal here is to
increase expenses and delay income. You can secure an entire
year's worth of tax write-offs in only a couple of months. Buy
any needed equipment now before the new year. Expensing
equipment cuts your adjusted gross income, lowering your tax liability.
***********************************************
First Star Capital is a
national leader in all types of equipment financing and leasing.
We operate in all 50 states and are currently offering some of the most
competitive programs in the country. Our transactions are
funded both internally with private label lines of credit as well as
externally with some of the most competitive & flexible funding
partners in the nation. These diverse funding resources allow First
Star the flexibility to undertake a variety of transactions. Nothing is
too big or too complex.
For more
information, contact Brad Harmon at First Star Capital (800-604-4817).
First Star
Capital...Tomorrow's Growth Today
