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Article: Fourth quarter is a great time to finance new or upgraded equipment

By Amy Thomas in Industry Trends Posted November 4, 2016

A new article in ColoradoBIZ explains why the fourth quarter is an optimal time to finance new or upgraded equipment.

The timing is right to assess capital equipment needs because of legislation that both expands deductions and extends depreciation benefits in 2016 for qualifying equipment purchases. 

"Financing capital equipment enables businesses to conserve cash and lines of credit while providing maximum flexibility," writes Heather Valenty, vice president, equipment finance officer at Key Equipment Finance in Superior. "and entering into a finance agreement at the end of the year is also a smart way for companies to use any remaining capital budget while preparing for the year to come."

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