It's a Good Year to Invest in Material Handling Equipment
2018 is a great year to consider investing capital dollars in new material handling equipment for your operation because of the Tax Cuts and Jobs Act, signed Dec. 22, 2017. The new law made significant changes to the guidelines for depreciation deductions. Businesses can immediately expense more under the new law, which allows companies to expense the cost of material handling equipment (and other equipment) and fully deduct it the same year the property is placed in service.
Companies can further benefit from these changes by financing their equipment as a capital lease. Capital leases enable companies to boost cash flow by enjoying the full depreciation value of the equipment purchased in year one, while spreading their payment cash flow over an extended period as the equipment produces. As a captive leasing company, Raymond Leasing has nearly 50 years of material handling finance experience with flexible financing solutions to meet a wide variety of business needs.
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Equipment Financing Solutions
We provide a single-source financing solution for all your material handling needs. From leasing forklifts to racking or scissor lifts, to scheduled maintenance plans, we'll customize a leasing package that meets your equipment needs and budget.
Please complete the contact form below and a Raymond Representative will contact you to discuss your request.