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. The new law increased the maximum deduction in Section 179 from $500,000 to $1 million per year and also increased the maximum threshold from $2 million to $2.5 million.
The Raymond Leasing Advantage
Raymond understands that leasing is more than just a payment. We provide a single-source financing solution for all your material handling needs. From leasing lift trucks to racking or scissor lifts, we'll customize a leasing package that meets your equipment needs and budget. We can even include scheduled maintenance to help keep unscheduled downtime and unplanned costs at a minimum.
Equipment Financing Solutions
Please complete the contact form below and a Raymond Representative will contact you to discuss your request.