Financing

Financing Equipment

IT Supplies has finance options for your printing equipment needs. Financing applications offered by our partners can be filled out by following the links below.

Federal Tax Incentive*

Section 179 allows you to deduct the purchase price of new equipment from your taxable income on your federal taxes for equipment purchases up to $1,000,000.

For example, if you have $150,000 in taxable income but purchased $100,000 in equipment, your taxable income would then only be $50,000. Several of our customers have tax savings of between 20% and 40% of the price of the equipment they purchased!

Section 179 Tax Code and What It Means For Your Printing Business at IT Supplies

Global Supply Chain & Section 179

Please note that to be eligible for a 2024 Section 179 deduction, the eligible equipment must be purchased and put into service by midnight 12/31/2024. It is not enough to simply buy the equipment. Please keep supply chain issues and delivery times in mind when buying or using Section 179 Qualified Financing, as there are currently no plans to waive the “put into service” requirement.

*IT Supplies and our financing partners are not responsible for guaranteeing any tax-related savings. You will need to consult with your accountant to make sure you are eligible for IRS tax deductions.

Financing

Financing Equipment

IT Supplies has finance options for your printing equipment needs. Financing applications offered by our partners can be filled out by following the links below.

Global Supply Chain & Section 179

First Citizens Bank - Financing Application - Click here.

Geneva Capital LLC - Financing Application - Click here.

MMP Capital - Financing Application - Click here.