Frequently Asked Questions
From Businesses
A: Each type of lending is different – some are specific to assets, some are specific amounts at one time, others are open lines of credit. Help us better understand what you business needs are and we will ensure your application goes to the appropriate lender.
A: Yes – There are capital operating solutions on the platform.
A: Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.