Section 179 2017 Deadline Approaching

DON’T MISS THE DEADLINE FOR TAX BENEFITS FROM SECTION 179 We want to remind you there are less than three months remaining to take advantage of the Section 179 deduction. This allows businesses to deduct the full cost of qualified equipment from their 2017 taxes, up to $500,000, with a…

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Auto Dealership Grows by Thinking Beyond Boundaries

The Reagor Dykes Auto Group began operating in Lubbock, Texas, by nurturing local roots and connections, and a commitment to being more than the stereotypical small-town auto dealership. While continuing to invest generously in the communities from which they sprang, their leaders’ ambitions have produced an enterprise today encompassing 20-25…

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July Financing Highlights and Observations

Allan Levine, President, Madison Capital, Equipment and vehicle leasing

No slowdown for July. The summer months are usually a slow time for Madison as business owners and employees take much needed breaks and vacations. Not this past July. Demand for financing equipment and all types of vehicles was high as businesses respond to new growth opportunities. Some of the…

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June financing highlights

Allan Levine, COO, Madison Capital, Commercial Vehicle Leasing

June was Madison’s busiest month of the year. Some of my more interesting transactions include: Two large trucks for a highway traffic control company that supports road improvement projects. $208K New rental fleet for car dealership group. $1.3M Scaffolding for a building repair company.  $130K Turf equipment for a country…

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Is Memorial Day the start of summer?

Memorial day has traditionally signaled the start of summer. Major movie blockbusters are released and the weather starts to turn warm, resulting in cookouts and trips to the beach. The official beginning of summer however is June 21, the summer solstice. The summer solstice is the day with the most…

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April’s Financing Insights

After 40 years, mostly as president, I am settling into my new role of Partner. I will continue to provide my leadership with the credit committee, board of directors, and by supporting the new management team. Now I can spend more time doing what I always love, selling; as well…

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