Lendspark Equipment Financing and Tax Code 179 Credit Information

With Lendspark, a preferred partner has teamed up with Lendspark to offer flexible financing and leasing programs. Lendspark provides our customer base with competitive rates on our full range of equipment.  Soft cost bundling is also available, so you can roll in technology, installation, training and support costs - a total financing package.  Financing is available for equipment ranging in cost from as little as $10,000.00 and up to $5,000,000.00. 

Why finance outside of your bank or senior secured lender

Ease of application process.  Prompt approvals.  Less stringent credit parameters than bank financing. In fact, for costs under $200,000.00, businesses with 5 plus years operating history only need to complete a short credit application for consideration (no need to submit financial statements).    Lendspark financing and leasing programs offer flexible payment terms, so you’ll acquire the products and equipment you need now while meeting capital expense budgets while keeping bank lines open for inventory, payroll and business expansion. In addition, because the credit approval process takes only a few days we are able to place your order quickly!

Flexible alternatives

Financing Minimal down payment with terms ranging from 2 to 5 years.
Capital leases Equal monthly payments with a $1.00 end of term buyout.
Operating leases Return the equipment for credit at the end of the term or continue leasing.
Deferred payments Allows you to begin using equipment before you’ve paid anything. 

How it works

Work with your LaserTrader Equipment Sales Specialist to specify the products you need. Contact us ( for an easy application which we will email to you right away.  With approved financing in place, we will often put you in queue to ensure prompt delivery schedule before customers who don’t have their financing in place.

Tax Code 179 Information

The Section 179 Tax Deduction is meant to encourage businesses to stay competitive by purchasing needed equipment, and writing off the full amount on their taxes. The Section 179 Deduction is now $500,000 for 2016. This means businesses can deduct the full cost of equipment from their 2016 taxes, up to $500,000, with a "total equipment purchased for the year" threshold of $2,000,000. To take advantage of it, the equipment must be purchased and put into service by 11:59pm, 12/31/2016 (in other words, when the New Year starts, Section 179 for 2016 is over.)