Equipment financing is a loan or lease that helps businesses acquire equipment without paying the full cost upfront. The equipment itself usually serves as collateral, and businesses make fixed payments over time. This financing option preserves cash flow, provides potential tax benefits, and allows companies to upgrade equipment as needed. It’s commonly used in industries like construction, trucking, manufacturing, and healthcare.

To finance your equipment, Shieldzz offers customized solutions designed to fit your business needs. We simplify the process by guiding you through everything from gathering documents to securing funding. Our experts ensure a smooth experience with flexible terms that work for you.

The length of equipment financing typically ranges from 12 months to 10 years, depending on the lender, equipment type, and loan terms. Newer or high-value equipment may qualify for longer terms, while used or lower-cost equipment often has shorter repayment periods. Most financing options offer fixed monthly payments, making it easier to manage cash flow.

Yes, you can use the Section 179 tax deduction for equipment financing, allowing you to deduct the full purchase price of qualifying equipment in the year it’s placed into service. This applies to financed or leased equipment as long as you meet IRS requirements. By using Section 179, businesses can lower their taxable income while still making manageable monthly payments.