Category Archives: Small Business & Industry News

2016 Section 179 Tax Deduction Limits Increase to $500,000

Great news for all businesses across the United States, the US government has increased Section 179’s tax deduction limits for this year’s (2016) equipment purchases to a whopping $500,000! Additionally the bonus depreciation amount has been extended to 50%.

If you are a business owner and have not heard of Section 179 you have luckily made it to the right place. Keep reading to discover how to save your business thousands of dollars on business equipment leases and purchases year after year. Continue reading

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Equipment Acquisition Trends 2015 – ELFA

This year, ELFA (The Equipment Leasing and Financing Association) forecasted US businesses, non-profits and government agencies will spend nearly $1.5 trillion in capital goods and fixed business investments this year. What does this mean? With the increase of spending and investing, consumer spending will also increase. It is a win for all parties involved. Continue reading

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Have You Considered Financing Industrial Equipment?

Encompassing broad segments such as manufacturing and construction, success in the industrial industry relies heavily on efficiency and in turn equipment.

Industrial equipment comes in various sizes and prices. With great use and ware and tare, the equipment needs to be maintained, replaced or updated frequently in order to maintain expansion and profitability. Continue reading

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US Food Service Industry Continues to Grow

ILS Offers Restaurant Equipment Financing as Food Service Industry Growth Spikes in the third quarter of 2014

Innovative Lease Services Inc. (ILS), leading provider of funding for small businesses nationwide, as experienced a spike in food service businesses seeking working capital loans in the third fiscal quarter of 2014. Continue reading

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San Diego Micro Brewery Business is Booming with the Help of Innovative Lease

ILS offers Leasing and Financing Solutions to Breweries Looking to Grow

Carlsbad, CA September 9, 2014 – – Innovative Lease Services (ILS), located in the “The Craft Beer Capital of America,” has reported a tremendous growth in the number of San Diego breweries financed this year. San Diego leads the country in new licenses for craft brewery businesses with breweries in the North County region generating $272.3 million in 2013 alone and contributing over $37 million in the local economy. Continue reading

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