Five Point Capital Is One Of The Industry Leaders In Helping Your Business Grow

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The key to economic growth and productivity is the ability for businesses - particularly small businesses - to invest in needed equipment. Thanks to the recent passing of the Small Business Jobs and Credit Act of 2010, these businesses can insure their working capital remains accessible through leasing the equipment they need to not only stay afloat through these lean times but also help them expand and grow.
The Small Business Jobs and Credit Act increases the amount of investments that businesses would be eligible to immediately write for 2010 and 2011-from $250,000 to $500,000. Before this bill passed, the expense limit would have been only $25,000 next year.
This act temporarily eliminates all capital gains taxes on investments if held for five years. The bill would allow certain small businesses to "carry back" their general business credits to offset five years of taxes-providing them with a break on their taxes for this year-while also allowing these credits to offset the Alternative Minimum Tax.
Some of the highlights of the bill include:
* Higher SBA loan limits: from $2 million to $5 million; ...
... and 504 loans rise from a maximum of $1.5 million to $5.5 million. Loan fees for these stay gone for the 2010 tax year.
* A write-off of up to $10,000 of start-up expenses for new businesses.
* A business can take any credits their business has and apply them against any of the previous five years of this bill, as does Section 179 expense of up to $500,000 in the year of purchasing business equipment.
Small businesses that need tax deductions will certainly have more incentive to use bargain purchase option leases in lieu of this bill; particularly the right to "carry back" losses for five years.
With this many tax incentives, a lot of small and mid-sized firms with limited income will need tax leasing so they can receive a payment reduction by allowing the lessor to use the 50% bonus depreciation. This will increase franchise business expansion as well as creating more business for those who supply the franchisee, who also will lease more equipment, software, and vehicles.
Take advantage of this landmark bill to optimize savings and get the equipment you need for your small business. Five Point Capital is one of the industry leaders in helping your business grow by providing you access to funds through easier financing options and leasing of equipment used in a wide range of industries such as restaurants, automotive repair, construction, excavation, medical, manufacturing, printing, and much more.
The information contained in this article is not intended to be construed as tax advice. Please consult tax professionals to learn more about how the Small Business Jobs and Credit Act can impact your business.

For more information about Five Point Capital please visit www.five-point-capital.net