Good afternoon to all Wispa Members, partners and new attendees. We hope you 
all had a great year so far.

WISPAPALOOZA has always been a great environment and an opportunity to 
reconnect with both existing end users and vendors, but also to start new 
relationships. For that reason, we try every year to bring something attractive 
to this industry. As you may know, we have had presence for 8+ years now and 
this is our 6th consecutive year showcasing at the biggest event of the year.

For this year and Q4 we have a special pricing promotion for any and all 
transactions approved between Oct 1st and Dec 31st, either referred by our 
vendors partners or directly from end users buying from our vendor partners.
If your company or your client has any purchases starting at 25,000.00, IF 
approved we can guarantee a rate of 8.5 % for UNSECURED equipment finance 
agreements on 60 months terms, the only collateral will be the financed assets 
ONLY.

And as a special reminder: Section 179 Tax Depreciation Reduction. This helps 
to offset the initial costs of the transaction by being able to depreciate the 
full amount the first year instead of doing it gradually, see below simple 
explanation for this.

Please visit us at our booth #335, grab a hand rolled fine Dominican cigar and 
apply!


2019 Section 179

Equipment Purchases: $1,150,000.00

First Year Write Off: $1,000,000.00

100% Bonus First Year Depreciation: $ 150,000.00

Normal First Year Depreciation $ 0.00

Total First Year Deduction: $1,150,000.00
($1,000,000 + $150,000 +0)

Cash Savings: $402,500.00
($1,150,000 x 35% tax rate)

Equipment Cost after Tax: $747,500.00
(assuming a 35% tax bracket)

Here's How Section 179 works:
In years past, when your business bought qualifying equipment, it typically 
wrote it off a little at a time through depreciation. For example, if your 
company spends $50,000 on a machine, it gets to write off (say) $10,000 a year 
for 5 years.

Now, most business owners prefer to write off the entire equipment purchase 
price for the year they buy it. The Section 179 does exact that - it allows 
your business to write off the entire purchase price of qualifying equipment 
for the current tax year. This has made a big difference for many companies 
(and the economy in general).

Businesses have used Section 179 to purchase needed equipment right now, 
instead of waiting. For most small businesses, the entire cost of qualifying 
equipment can be written-off on the 2019 tax return (up to $1,000,000). 
Equipment must be delivered this year.


Ivan Crowe
Leasing/Sales Director
Ritalia Funding
Email: [email protected]<mailto:[email protected]>
www.ritaliafunding.com<http://www.ritaliafunding.com/>
Direct Line / Cel: (818) 921-3624
Cel (text only): 818-445-4235
"Today I will do what others won't, so tomorrow I can do what others can't"
[Ritalia Logo]<http://www.ritaliafunding.com/>
Proud Members of:

[WISPA_Logo]              [logo-ELFA-300x130]               [NAELB]

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