3375 Edison Way, Menlo Park, CA 94025
There are a number of reasons to Lease new equipment rather than paying cash. You can preserve cash, protect credit lines, and gain some tax benefits and more. Leasing equipment may give Small to Mid Size businesses flexibility as they grown their companies.
Commtel will assist you in obtaining the best lease available to fit your needs.
There are a number of Lease options.
"One Dollar Buy Out" will be a dollar purchase at the end of the term and you own the equipment.
"Fair Market Value" allows you to return the equipment at the end of the term or purchase the equipment for “Fair Market Value” this amount may change.
Overcome Budget Limitations
In situations where limited budgets would ordinarily delay or prevent the acquisition of equipment due to a limit on capital expenditures, leasing allows for quick budget approval due to its small monthly expense. A lease can fit the tightest of budgetary constraints.
D&B scores as well as FICO scores play an important role in evaluating your leasing application. Leasing companies rely on this information, but keep in mind that scores are not necessarily the deciding factor. Time in business, cash reserves, and management experience will also influence a credit decision.
A good, experienced leasing company will discuss with you every aspect of the application and point out any derogatory information found. They will suggest ways to correct this information so your application will represent a true picture of your company. The goal is simply to approve your application as quickly as possible so you can acquire the equipment needed for your business.
IRS Section 179 *
What is IRS Section 179?
PRIOR to Section 179, a company was allowed to deduct a percentage of the items useful life to reduce taxable income. The percentage deducted was dependent upon the items useful life as determined by accounting standards.
However, with Section 179, a company is allowed to deduct the entire purchase price of new or used equpment, as well as off-the-shelf software, up to $1,000,000.00. Certain conditions do apply.
Section 179 was first put into effect as a mechanism to induce small businesses to procure capital equipment and help the U.S. economy.
Because a properly structured finance or lease agreement implies ownership, a company can obtain these same tax benefits without having to outlay cash for the equipment. A company can make monthly finance payments over time and still take the full deduction.
How to Take the Section 179 Deduction
In order to take advantage of the Section 179 deduction for equipment put into service during the current calendar year for which you are filing taxes, you must elect the deduction.
The deduction is not automatic. However, it is easy to elect the Section 179 deduction.
Call our friendly sales staff for more information on how your company can grow, become more competitive, and save thousands of dollars by leasing your new IP PBX phone system from Commtel Communications.
*As with any tax related information you should consult your tax professional before you proceed. Conditions, terms, and amounts can change from year to year. Commtel Communications is not responsible for providing tax advise.
Commtel Communications can assist you in optaining the proper lease for your new Business Phone System. We are a California company, servicing all of California, encompassing, but not limited to the greater Los Angeles Area | Los Angeles | Agoura Hills | | Malibu | Westlake Village | San Fernando | Burbank | Glendale | Pasadena | Beverly Hills | West Hollywood | Hollywod | Culver City | Santa Monica | Marina Del Rey | El Segundo | Manhattan Beach | Inglewood | Torrance | Carson | Compton | Willowbrook | Lynwood | Southgate | Downey | Alhambra | San Gabriel | Temple City | El Monte | Norwalk | Cerritos | Long Beach | Paramount | Bellflower | Lakewood | Cypress | Santa Fe Springs | Artesia | La Mirada | Whittier | La Puente | Baldwin Park | Arcadia | Monrovia | Santa Anita | Rosemead | Glendora | Covina | West Covina | Walnut Diamond Bar | Rowland Heights | La Habra |Pomona | San Dimas | Claremont | LaVerne | The Oranger County areas of Brea | Fullerton | Placentia | Anaheim | Anaheim Hills | Buena Park | Garden Grove | Westminster | Fountain Valley | Huntington Beach | Costa Mesa | Santa Ana | Oange | Yorba Linda |Tustin | Irvine | Newport Beach | Mission Viejo | Aliso Viejo | Laguna Beach | Laguna Niguel | Dana Point | San Juan Capistrano | Lake Forest | Rancho Santa Margarita | San Clemente | The Inland Empire | Chino Hills | Chino | Upland | Montclair | Ontario | Rancho Cucamonga | Fontana | Norco | Corona | Riverside | Lake Elsinore | Murrieta | Temecula | Menifee | Perris | Moreno Valley | Redlands | San Bernardino | Colton | Loma Linda | Rialto | Hemet | Beaumont | Yucaipa | Cherry Valley | Banning | Cabazon | The Greater San Diego area, San Diego | Chula Vista | Imperial Beach | La Mesa | El Cajon | Santee, Poway, Pacific Beach, Spring Valley, Lemon Grove, Rancho Santa Fe | Del Mar | Encinitas | Carlsbad | Oceanside | San Marcos | Vista | Fallbrook | Moutain Areas of | Big Bear | Blue Jay | Lake Arrowhead | Idylwild | The High Desert Area | Victorville | Apple Valley | Adelanto | Hesparia | Barstow | Baker | Mojave Desert | Lancaster | Palmdale | Ridgecrest | Baker | Lucerne Valley | Yucca Valley | Joshua Tree | Twentynine Palms | 29 Palms | Needles | The Low Desert Area of Choachella Valley | Desert Hot Springs | Palm Springs | Cathedral City | Rancho Mirage | Palm Desert | Thousand Palms | Indian Wells | La Quinta | Coachella | Thermal | Indio | Mecca | Salton Sea | Westmorland | Niland | Calipatria | Brawley | Plaster City | El Centro | Ocotillo | Calexico | Desert Center | Blythe | Vidal | Ventrua County | Simi Valley | Oxnard | Thousand Oaks | Moor Park | Santa Paula | Fillmore | Ojai | Frazier Park | Port Hueneme | Santa Clara | Santa Clarita | Santa Barbara | San Luis Obispo
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Lease Information for Telecommunications and Data Systems