Section 179 Passes House, Goes to Senate

Congress extended Section 179 for 2014 by a vote of 263-155. The bill has been sent to the Senate. Section 179 of the tax code allows small businesses to expense the first $500,000 on purchases of qualified equipment, until they pass $2…

U.S. Companies Turning to Non-Bank Lenders for Credit

A notable share of U.S. small businesses and middle-market companies are obtaining credit from non-bank providers. The most troubling news for banks—and possibly for regulators: nine out of 10 companies that borrowed from these alternative…
,

Is Equipment Leasing The Right Choice For Your Business?

Simply put, equipment leasing is an alternative type of business loan. The leasing company buys and owns your choice of equipment and then basically rents it to you at an agreed upon rate for a specific number of months.   Traditionally,…