Learn About Investment Options & Taking Advantage of Tax Incentives.
At Park Industries®, we understand just how important the proper management of cash flow is to the success of your business. There are a variety of ways you can get the machinery you need for your business, whether you lease, use a bank, or buy outright with cash.
Park Industries® would love to be your trusted adviser during the process of buying new equipment. By reaching out to us and providing a few details about your situation and your needs, we can guarantee a response within one business day.
Buying with a Bank
If you already have a great working relationship with a bank, you may choose to finance your new equipment by taking out a loan with your bank.
Relationships with Bank
Possible Lower Lifetime Cost
No Collateral Needed
No Buyout at the End of the Term
Leasing the equipment you need through Park Industries® is a great option for a variety of reasons.
Preserves Working Capital
Preserves Lines of Credit
If you don’t want to take out a loan with your bank or finance through Park Industries®, you always have the option of paying upfront with cash.
Saves Money on Interest
Free Up Credit for Other Uses
Stay on Budget
TAX INCENTIVES | SECTION 179
IRS SECTION 179
Essentially, 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.
Calculate What you Could Save with Section 179!
Deduction Limit = $1,000,000
This deduction is good on new and used equipment, as well as off-the-shelf software. The equipment must be financed/purchased and put into service by the end of the year.
Spending Cap on Equipment Purchases = $2,500,000
This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar for dollar basis.
Bonus Depreciation: 100%
Bonus Depreciation is generally taken after the Section 179 Spending Cap is reached. Note: Bonus Depreciation is available for new equipment only. The bonus depreciation will phase down to 40% in 2018 and 30% in 2022.
The above is an overall, “simplified” view of the Section 179 Deduction. As with any major tax deduction, the effect on – or benefit to – your company depends upon many factors.
Park Industries® and its associates do not provide tax advice. As always, please consult with your tax advisor regarding your individual situation.
Financing & Tax Incentives Made Simple
When is the right time to invest in automation? Is there market opportunity but you just can’t retain and hire employees? You’re not alone. This webinar focuses on:
- Return on Investment – Tools and metrics will be shared on evaluating your shop and understanding the bottom line impact of integrating automation into your facility.
- Review of the Various, Affordable Financing Options
- Understanding Current Tax Incentives
Invest with the Leader
SABERjet™ XPCNC SawJet
Powered-packed CNC sawjet with a 27 hp saw motor, true 5-axis waterjet cutting, and unmatched mitering capabilities all in a compact, monoblock design. Single and two table options available.
FASTBACK® IIFlat-Edge Polisher
The FASTBACK® II is a shop game changer. Save tons of labor and produce flat-edge production FAST. Boost your polishing productivity for just pennies per lineal foot, with a very high ROI.
VOYAGER™ XP5-Axis CNC Saw
The VOYAGER XP with a 27 hp spindle, 5-axis capability, and TightCut™ technology is a must see solution for any fabricator transitioning from a bridge saw to a fully digital solution.
TITAN®CNC Router Series
Rugged, durable, and extremely profitable for your countertop operation. The TITAN® is the stone industry's undisputed CNC router leader for edging, polishing, and finishing countertops.
HydroClear™ PROWater System Series
The HydroClear™ PRO Water Systems represent a new generation of water recycling. This all-in-one system transforms your shop's water consumption and water quality while significantly reducing your water bill. Available in 6 unique models.
Seconds matter! Keep your machines running, anytime, anywhere with the latest innovation in business intelligence software. Park IQ™ software delivers machine performance and status, alerts, planned vs. actual production and more, direct to you, 24/7.
TXS-3000 WhisperThinStone Veneer Saw
The TXS-3000 will economically transform full dimensional stone into thin veneer flats or 90-degree corners in just minutes.
The HYDRASPLIT® Stone Splitter is a productivity powerhouse. Built and designed to maximize your stone yield performance, featuring a wedged chisel equalization system. Available in 60" or 36" Chisel Widths.
Pathfinder®Digital Slab Station
The Pathfinder® Digital Imaging workstation does it all! Capture precise, fully-calibrated images of your stone slabs in high resolution. Build a visual library of your slab and remnant inventory, or create scaled, rendered images for further programming on your CNC.
YUKON® IISemi-Auto Bridge Saw
Increasing your output speed is easy when you use America’s most popular stone saw – the dependable YUKON® II Bridge Saw from Park Industries®. Trust your sawing needs to the YUKON® II as over 1,000 fabricators have done in North America.
CrossCut™ XPMiter Saw
Produce clean, accurate cuts day-in and day-out with a CrossCut™ XP Miter Saw serviced and supported by Park Industries® .
TITAN® Fab CenterCNC Saw + Router
The TITAN® Fab Center combines efficient accurate edging capabilities and precision routing in one machine.
Side-Shot™Digital Slab Station
The all new SIDE-SHOT™ provides fabricators the tools to capture slab images right at the machine with an extremely small footprint requirement. The SIDE-SHOT™ incorporates Slabsmith™ Lite software for vein matching and 3D rendering.
The OPTIMUS™ can bi-directionally saw and with the compact high pressure lines uniquely configured, there is NO whip to worry about!
TXS-4000 SeriesThinStone Veneer Saw
A single pass through the TXS-4000 turns large stone pieces into thin stone veneer with unmatched consistency, efficiency, and reliability.
SIERRA®Manual Bridge Saw
The SIERRA® Bridge Saw from Park Industries® is built and designed for heavy-duty performance at a value price.
PRO-EDGE® IVAutomatic Edge Shaper & Polisher
Easily shapes and polishes a variety of convex edges. Finish more lineal feet per hour of straight, high-demand edges with the legendary PRO-EDGE® IV.
The VELOCITY® Edge Polisher gives a single operator complete control for finishing high-quality edges on pieces up to 12 feet long.
HydroClear™Water Clarification Systems
Utilize a HydroClear™ Water Clarification System to reduce costs and go green by recycling water.
Speedlabel®Part Tracking System
Designed for countertop fabricators by fabricators, SPEEDlabel® provides a solution to track each “countertop” in your shop. It ensures the entire job is kept together – no missing pieces.
DynaMAX Predictive Series
The new DynaMAX™ Predictive pumps incorporate predictive maintenance features for waterjet pumps like their patented Seal Maintenance Technology™.
The new DynaMAX 350 pumps deliver consistent cut quality at optimum cutting speeds and a design that simplifies service so maintenance is faster, easier, and less expensive.