Business Financing for Established Businesses
(licensed and Non-Licensed)
Jumpstart Your Revenue by Taking Advantage of Section 179 Depreciation in 2023 and Save Big
Designed to help small businesses, the accelerated deduction under IRS Section 179 lets you reduce your net cost of capital equipment purchases for your business by tens of thousands of dollars!
What is Section 179?
IRS Section 179 allows for the immediate depreciation of qualifying business equipment, so you can write off the entire purchase for the year you buy it, rather than depreciating it over five years under the traditional Modified Accelerated Cost Recovery System (MACRS). Section 179 deduction limit is $500,000.