-
Belp
Distance: 8.1 Mi1085 Commonwealth Ave
02215-1002 Boston -
Presto Pizza
Distance: 29.4 Mi429 Electric Avenue
1462 Lunenburg
Website Links
Description
Purchasing Whether you are considering menu expansion, investing in the new technology of automation to reduce costs and provide on-demand performance, or creating a whole new business your decision to purchase Twirl Pasta's remarkable cooking system can help you improve performance and build your profits. Twirl Pasta works with experienced equipment finance companies to help you make your purchase quickly and easily while preserving your important cash resources. This section provides information that can be useful to your decision making. The Lease / Purchase Decision This important decision depends entirely on the financial strategy and structure of your company. Whether your business is a small independent operation or a large multi-unit chain, the wise use of cash is a critical long term decision. Especially for newer and growing companies the decision is frequently made to Conserve Cash by taking advantage of lease alternatives. Twirl Pasta Company works with several financing sources to enable you to acquire the equipment you need with Low Monthly Lease Payments to build your business. If you are new to leasing you may have some questions about this alternative. For your consideration we have provided responses to questions that are frequently asked about leasing. Read the About Leasing section below to learn more. In all cases you should first check with your trusted financial advisors to make the best choice for your business. Tax Incentives Congress recently passed the Economic Stimulus Act of 2008. Two significant business tax provisions of the Act could affect your equipment purchase decisions and result in important continuing tax savings for your company. Small businesses are encouraged to purchase new equipment under Section 179 of the tax code that permits immediate expensing of certain purchases in qualifying situations. The new stimulus package doubles the expense limit of this provision from $125,000 to $250,000. For larger businesses, the Act provides so-called Bonus Depreciation that increases the percentage of an equipment purchase that can be immediately depreciated to 50% of the purchase. These provisions apply to equipment that is purchased and placed in service in 2008. Please check with your trusted financial advisors to understand how these new tax incentives may affect your purchase decisions. Frequently Asked Questions About Leasing What is the difference between leasing and bank financing? The main difference is Ownership. With bank financing you own the equipment. You make monthly payments of principal and interest to repay the loan over time. With leasing, the leasing company owns the equipment. You make a monthly lease payment to use the equipment. Most lease programs offer you the opportunity to purchase the equipment at the end of the lease period. What is the interest rate of the lease? There is no interest rate as such with leasing. There is instead a monthly payment just like the payment you would make to lease an apartment or your restaurant space. The lease payment is for your use of the equipment.