FINANCING
Sodick offers competitive rates and financing packages to fit your needs. We offer low interest rates and flexible payment schedules.Approvals take anywhere from 2 to 24 hours, depending on the complexity of the transaction.
Call us today to discuss your financing needs - 847-310-9000 or 866-639-2325 or you can call our Leasing company directly, National Machine Tool Financial Corporation at 800-669-7527.
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IRS Section 179
Don’t miss out; Section 179 savings have been extended into 2012.
Business purchasing, financing or leasing (Capital or $1.00 types) equipment in 2012 can elect to expense up to $139,000 under IRS Section 179. The section 179 rules are designed for small companies, therefore the $139,000 write-off is reduced dollar-for-dollar as total equipment purchases exceed $560,000 in 2012.
In addition to the Section 179 deduction, 50% bonus depreciation is allowed for new equipment that is purchased, financed or leased (Capital or $1.00 types) and placed into service before Jan 1, 2013, regardless of the amount of new equipment purchased in 2012, resulting in at least 50% expensing of a new purchase.
Didn't make a profit in 2011? Ask you accountant about carrying-back losses over the last few years. Finance your equipment or lease (Capital or $1.00 types) and your company can take advantage of the Section 179 deduction, 50% bonus depreciation and regular depreciation.











