+1 905–689–7771 / 1 833–PYTHONX  (US & Canada)

Finance to
Fit Your Needs

Own a New PythonX STRUCTURAL Fabrication System

No Payments for the First 3 Months*

Get the best for less!

Name: Karen Evans
Phone: +1 905 689 7771 ext.320
Email: financing@pythonx.com

Financing is offered through a third party lender(s) and not by The Lincoln Electric Company or any of its affiliates or subsidiaries. Such third party lender(s) is not an agent for and has no authority to bind The Lincoln Electric Company, its affiliates, or its subsidiaries. The Lincoln Electric Company disclaims any liability for claims arising out of or in
connection with any financing offered or provided by such third party lender(s).

*Payments, terms and conditions are subject to credit approval.

USA Tax Incentives Update

Getting the Equipment You Need Just Got Easier

100% Financing
Equipment, Delivery, Installation, Warranties
Special Low Rates
Available on all our products
Fast Response
Credit decisions in hours, not days
Simple Documentation
Less paperwork
Customized Purchase & Payment Options Deduction now $1,000,000
Larger Transactions with Financials Terms from 12-84 Months
Credit For Any Size/Age Customer  

We Can Help You Understand The Updates for Section 179

Section 179 Deduction for 2020 increases to $1,000,000. Businesses purchasing, financing or leasing (Capital or $1.00 types) new and used equipment in 2019 can elect to expense up to $1,000,000 under IRS Section 179. The Section 179 rules are designed for small companies, so the write-off is reduced dollar-for-dollar as total equipment purchases for the year exceed $2,500,000.

100% Bonus Depreciation in 2020. The Bonus Depreciation deduction has increased to 100%. Businesses can depreciate 100% of the cost of new and used equipment (on an adjusted basis) retroactive to Sept. 27, 2018 and good thru 2022. Unlike Section 179 there is no cap on the amount that can be depreciated under this provision.

Please consult your CPA or Tax Accountant for further details.

Example: $650,000 Equipment Cost

   Equipment Cost    $650,000.00
   2019 Section 179 Write Off    $650,000.00
   100% Bonus Depreciation in 2018    $0
   First Year MACRS Depreciation    $0
   Total Deduction First Year    $650,000.00
   Tax Dollars Saved    $136,50.00
   Bottom Line Cost After Tax Savings    $513,500.00

Contact Us For More Information:
Name: Karen Evans
Phone: +1 905 689 7771 ext.320
Email: financing@pythonx.com