Financing Options

Triad Diagnostics offers easy same-day financing for your capital equipment and tool needs.

Advantages:

  • Financing for as low as a $1,500 purchase
  • Instant decisions for customers up to $250k (over 2 years’ time in business)
  • Flexible terms up to 84 months
  • Option for deferred payments up to 90 days, creates a “buy now, pay later” option – very helpful for end of year and section 179 purchases
  • 90%+ approval for customers with credit scores of 520 or above

Financing can be structured as either a loan with no prepayment penalty or a lease agreement.

Options include:

  • Financing available for both business and personal applications
  • New and used commercial equipment loans and leases
  • Sale-leaseback transactions
  • Lease lines of credit for equipment capital expenditures
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Section 179 Tax Deduction

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year, UP TO $1,000,000 IN YEAR ONE with a ”total equipment purchased for the year” threshold of $2,500,000.

If your business buys or leases a piece of qualifying equipment you can deduct the full purchase price from your gross income.

IMPORTANT


Equipment & Software are eligible

100% deduction up to $1,000,000 & $2,000,000 to $2,500,000

Equipment purchase limit of $2,000,000

The U.S. government created Section 179 to encourage businesses to spend money on equipment and software. This is ideal for small and medium businesses looking for a tax advantage.