We offer your customers the economic and tax benefits of leasing and/or the benefits of eventual ownership. Whether it is a true lease with financial reporting advantages and the flexibility of a rental or a finance agreement or lease-to-own contract, Access will tailor and structure a financial instrument that meets each of your clients needs and makes it easier for him to acquire your equipment.

Our professional staff helps you sell more with less hassle, and effectively expand your selling time. With two salespeople working on one sale, time and effort is cut in half, and results are doubled. We are committed to this concept of helping our vendor partners use us as a tool to increase sales and profits.

At Access Capital customer service is more than a promise, it is what sets us apart from the rest of the industry. We fully understand that your customer deserves to be treated with respect and dignity, a responsibility we take very seriously. This means that we are committed to keeping him – and you – informed every step of the way and implementing the fastest lease closing system in the business to get deals approved fast and you paid even faster.

Ask your Access Capital representative about other ways we can help you such as Private Label documentation, custom tailored finance plans for your customers, trade show support or joint marketing projects.

Anyone thinking about buying your solutions must answer two questions. The first is, “How will this make or save me money?” and the second is, “How am I going to pay for it?”

Make no mistake, failure to adequately address the second question has led to more lost or delayed sales than virtually anything else.

Any vendor today who does not proactively offer his prospects leasing as an alternative financing solution risks losing control of the sale while the prospect shops for money – and in some cases, loses the sale itself as the client’s enthusiasm wanes in the face of financial complications.

If you think you don’t have a problem because the customer tells you he can easily pay for your equipment, you’re probably wrong in most cases. This is because you are the last person on Earth that this person wants to tell, “I can’t really afford it.”

Quoting an Access Capital lease with every proposal addresses this issue on several fronts. Firstly, it allows you to present your solution in small monthly cost terms, rather than as a capital investment. Secondly, it let’s the client know you are thoughtful enough to research financing options for him. Thirdly, Access Capital representatives are trained not only to sell leasing, but to help you sell your product through leasing.

For the upcoming 2017 tax year, Section 179 has been restored to its original limits of $25,000 plus an adjustment for inflation.

• This means that if you finance a piece of equipment, you can deduct the Full Purchase Price (up to $25,000) from your gross income.

What does this mean for you?

• If you finance a piece of qualifying equipment or software, you can deduct the Full Amount of the Equipment (up to $25,000) without paying the full amount this year.

• In fact, the amount you save in taxes could be greater than what you’ll pay in the first year of a lease. Your equipment is making you money from day to day!

Lower Your Tax Liability

With a cash, bank loan or finance type lease purchase you normally recapture some of your cash expenses by claiming depreciation on the equipment according to the IRS accepted “useful life” of that equipment. You may also claim the interest portion as an expense during the term of any repayment. Depreciation, however, can be spread over 5-7 years on long-lived equipment. The same equipment on an FMV lease can (effectively) be 100% expensed during whatever lease term you select for the lease. For example: you enter into a 36 month FMV lease on equipment that would otherwise have to be depreciated over say, 5 years and you will effectively have written off all of its value (less residual) in just 3 years, instead of 5!

Business owners who acquire equipment for their business: machinery, computers, and other tangible goods, usually prefer to deduct the cost in a single tax year, rather than in smaller amounts spread over a number of years. This type of deduction is known by its tax code number, as a “Section 179″ deduction.

Under Section 179, businesses that spend less than $530,000 a year on qualified equipment, may write-off (up to) $134,000 in 2010. The rules are designed for small companies, so the $134,000 deduction phases out when a business purchases more than $530,000 in one year. Note that companies cannot write off more than their taxable income.

The election, which is made on IRS Form 4562, is for the tax year the property was placed in service or an amended return filed within the time prescribed by law. Section 179 property is property that you acquire by purchase (or capital lease) for use in the active conduct of your business. To ensure property qualifies, reference IRS Publication 946.

This expense deduction is provided for taxpayers (other than estates, trusts or certain non-corporate lessors) who elect to treat the cost of qualifying property as an expense rather than a capital expenditure. Under Section 179, equipment purchases, up to the amount approved for a given year, can be expensed (deducted from taxable income) if installed by December 31st.

Fair Market Value Leases

The key component of a FMV lease is that the lessee has the option to return the equipment at the conclusion of the lease–without further obligation. The lessee may also have the option to purchase the equipment for its “fair market value” or to continue leasing the equipment from the lessor. Technically, the lessee does not own the equipment–it is akin to a rental. The lessee does not record the equipment as an asset on its balance sheet, nor does the lessee record a long term liability. The lease is generally treated as an off-balance sheet, “operating expense” and hence, it is 100% TAX DEDUCTIBLE.

The Lease Strategy

Under the Tax Reform Act of 1986 Congress took aim at small to medium sized businesses that had been reducing their overall tax liability by claiming depreciation on equipment they had acquired. Although the subject is rather complex, the net effect is that companies who have used equipment depreciation to significantly lower their tax liability are subject to a review that may have the effect of classifying some of those depreciation write-offs as “tax preferences” and subjecting those same companies to an additional “Alternative Minimum Tax,” in addition to the taxes they would otherwise owe. Owning or purchasing too much equipment, while lowering the tax component, can now trigger the addition of new added taxes.