Section 179 of the tax code was created to encourage small businesses to invest in their own growth. Learn how the 2024 Section 179 deduction works, what purchases qualify and how much you might save with Ascentium's Section 179 tax deduction calculator.
Christopher Piedici took a calculated risk when he acquired Stever Locke in 2018 and saved the metal stamping manufacturer from closure. Having worked as a public accountant for 15 years, he knew access to financing would be critical to his success. Ascentium Capital was there to help. "When you're evaluating financing options, it's always great to find an institution that supports you, your growth objectives, and the project that you're trying to achieve," he shared. "We had a great experience with Ascentium Capital, and we've already recommended them to other organizations."
This multi-unit ice cream franchisee was feeling left out in the cold, having gone to six companies looking for financing to build a new location. Then Marc Millet of Millet Desserts, Inc. found Ascentium Capital. "They were the only lender willing to take a chance on us," said Marc. "They offered a program with three months of deferred payments, so we didn't have to worry about payments until our new build was complete"
Kris Zachary, President & Owner of Burns Towing, Inc., continues to count on Ascentium Capital after 8 years of great service. In her second testimonial, Kris explains how she’s gone into a whole new arena thanks to Ascentium’s financing. “Ascentium financed a 16-ton and also a 25-ton, so now I’m hauling tractors and trailers and the big rigs,” says Kris. “I have big goals for the future, and I believe Ascentium will be there for me 100%!”
As owners of multiple quick-serve restaurants, access to fast and easy financing is critical for Janette and Chris Hall of South Coast Subs, “We were introduced to Ascentium Capital who made the process seamlessly easy,” Janette shared, “I can tell you that their service is 100% better than any lending institution I’ve worked with.”
As a 6-location franchisee of the popular quick serve restaurant chain, Domino’s Pizza, Augusto “Gus” Garcia, owner of Springfield Pie, Inc. understands why ‘quick’ matters. So, when he needed fast financing to get his new store up and running, he turned to Ascentium Capital. Gus explained, “With Ascentium I acquired all of my makelines, walk-in coolers and furniture and it took 45 days to build the entire store!”