Save Cash & Credit:
Get the equipment you need at the price you can afford.
Conservation of Cash:
Cash Flow is critical to the success of any business. Oftentimes, people are lulled into thinking that paying cash is a good way to acquire equipment because doing so avoids finance charges, interest expenses, and results in lower total cash outlay. In reality paying cash can be the most expensive way to solve the problem.
100% Tax Deductible:
Article 179: Section 179 of the IRS Tax Code allows a business to deduct the full purchase price for qualifying equipment purchased or financed during the tax year. As such, by leasing equipment and deducting the full purchase price you essentially get “free” usage of your equipment for over a year.
Direct Tax Expensing:
Companies that do not qualify or choose to employ the Article 179 Alternative, lease payments are written off as they are made. This eliminates the need for depreciation schedules and allows faster write off. This results in increased cash flow for your customers.
Many companies fear that the equipment they buy will wear out or their needs will change before they are able to depreciate it fully. A lease can be written for a term that corresponds to how the company feels the equipment can be used efficiently. At the end of the term the equipment may be returned and a new lease can be written for new equipment that best suits the customer’s needs.
If you have any questions, please contact Culinary Depot by e-mail at [email protected] or call 888-845-8200
About Our Partner QuickSpark Financial
The instability of our economy is hardly something that can be ignored and has had resounding effects on businesses, both big and small. Now more than ever companies are watching their bottom line and making decisions that emphasize fiscal responsibility. The same financial institutions that played a heavy role in the events that precipitated the economic collapse have all but shut their doors to now disadvantaged business owners. QuickSpark Financial was founded to combat the effects of the economic downturn and offer business owners of all types the ability to finance equipment at reasonable prices.
This is accomplished through our one stop shop mentality and our use of technology to expedite the finance process. Our total financing solutions ensure the best rates possible for our customers regardless of their financial profile. We finance everything from start up automotive shops to fortune 500 companies. The QuickSpark Financial system allows customers to apply for financing online and get approved instantly, additionally their re sellers can review the application and stay aware of their customer’s progress throughout the process. We understand the value of time in today’s competitive market and we strive to be the most efficient and expeditious program available. While our program emphasizes technology and innovation to streamline the leasing process, we do not undervalue the importance of personal relationships and sound advice. It is QuickSpark Financial's mission to educate our customers on what is the best decision for their business and provide the capital to make their aspirations possible.
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