Product Lease Financing
Avicenna Laser Technology provides financing solutions designed to meet your financial needs in order to purchase equipment. Take advantage of leasing utilizing your current practice leasing company or Avicenna is able to recommend a leasing company that best fits your needs.
Tax deductible lease payments shelter more income than depreciation does, thereby making more cash available. This is especially beneficial in the early years when the equipment is producing at its highest potential.
Where other types of financing require large down payments, leasing is 100% financing. Most lease agreements require no more than the first month’s payment in order to get started! Deferred payment plans are available.
Leasing puts the equipment to work for you immediately at a minimal up-front cost, without affecting your bank credit lines. Your borrowing power is preserved for other business opportunities. Leasing gives you more than just the equipment itself -- it will also cover the cost of delivery and other associated financial necessities. Your lease will cover the cost of everything it takes to put the equipment to work for you.
All Avicenna products are fully deductible in the year of purchase. Therefore, in the top federal tax bracket, your net cost may be reduced by as much as 34% of the equipment purchase price. This information is based upon publication 946 of the Internal Revenue Service tax guidelines "How To Depreciate Property" under Section 179.
Should you choose the lease-purchase option, you are entitled to deduct the full amount of the lease payment in the year that it is incurred. At the end of your lease, you will be able to take advantage of depreciating the estimated cost value at that time, under Section 179 as stated above. Please consult with your accountant for additional equipment tax deduction information.