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What Are My Financing Options?
There are three basic methods for purchasing embroidery business equipment: cash purchase, bank loan, or equipment lease. This is an important decision because each method has different impacts on your cash flow and tax liabilities. For example, with a cash purchase or loan you will be able to depreciate your equipment at tax time, whereas with a lease, you typically can deduct the lease payments, but not depreciate the equipment.

Equipment Leasing has become very popular in recent years and the approval process is quick and simple