Financing and Leasing
We Make Measuring Easy!
We Make Financing Easy!
Now Offering
Financing and Leasing
We Make Financing Easy!
Now Offering
Financing and Leasing
Need to upgrade your equipment or expand your operations? Fowler has you covered with flexible leasing and financing options that are simple to apply for with fast approvals.
Financing your equipment doesn't have to be time-consuming and complicated. We offer some of the lowest rates in the industry and can approve up to $500k with our easy credit application.
Financing your equipment doesn't have to be time-consuming and complicated. We offer some of the lowest rates in the industry and can approve up to $500k with our easy credit application.
We're ready and able to help with:
- Capital leases with $1 buyouts
- Low rates and flexible terms
- Fast answers and easy paperwork
We're Metrology experts! When you do business with Fowler, you'll work directly with decision-makers who will give you quick answers. Personalized service when you need it! Call or email and we'll work with you to get your project off the ground, with the financing and timeline you need to succeed.
Working through Intech Funding allows you to find the financing options that you are looking for in today competitive market.
Tax Incentives for Manufacturing Companies (New for 2020)
Section 179 Tax Deduction - $1,040,000 write-off for 2020. 100% bonus depreciation good through 2022
Section 179 Tax Deduction - $1,040,000 write-off for 2020. 100% bonus depreciation good through 2022
Section 179 Federal Tax Deduction increased to $1,040,000
- Section 179 Federal Income Tax Deduction: This deduction allows a company to deduct the first $1,040,000 of equipment (Section 179 Property) acquired in 2020 from their taxable income. For companies acquiring up to $2,590,000 of equipment, this deduction is available in full. It then phases out on a dollar-for-dollar basis for amounts over $2,590,000. Financing or leasing with a $1 buyout qualify.
- In addition to the $1,040,000 write-off, companies can take 100% bonus depreciation on the adjusted basis of their qualified equipment acquired in 2020. This bonus depreciation is good through 2022. Financing or leasing with a $1 buyout qualify.
- In addition to the $1,040,000 write-off and bonus depreciation, companies may be eligible to deduct federal depreciation on the adjusted basis of their qualified equipment, state depreciation, local tax incentives and interest expenses. Financing or leasing with a $1 buyout qualify.
Tax laws are subject to change at any time and their application is highly dependent upon the unique facts and circumstances of any particular taxpayer. The information on this page is offered as general guidance and is not intended as specific legal, tax, or accounting advice.
Here is an example of the Tax Incentives for 2020 (Financed Equipment Qualifies)
* Always consult with your accountant to confirm eligibility for tax benefits. For more information on tax incentives, visit our website at www.intechfunding.com.
- Section 179 write-off (up to $1,000,000): $65,000.00
- Bonus Depreciation - 100% of Adjusted Basis: $0.00
- Total Deduction First Year: $65,000.00
- Tax Dollars Saved at 21% tax rate*: $13,650.00
- Machine Cost After Tax Savings: $51,350.00
* Always consult with your accountant to confirm eligibility for tax benefits. For more information on tax incentives, visit our website at www.intechfunding.com.
