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Leasing Information

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Click here to apply online

Commerical Accounts ** Limited Time Offer = 90 Days No Payments **

Click on the Logo Above for an Online Application for Consumer Accounts


Call Vendor Desk @ 877-872-1532 Reference 062SD for More Details

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Equipment Leasing Solutuions
Keep Money in Your Pocket!

What is the Section 179 Deduction?
Section 179 of the IRS Tax Code allows a business to deduct, for the current tax year, the full purchase price of financed or leased equipment and off-the-shelf software that qualifies for the deduction. The equipment purchased, financed or leased must be within the specified dollar limits of Section 179, and the equipment must be placed into service in the same tax year that the deduction is being taken (for example, the equipment must be put into service between January 1st and December 31st of the year the deduction is to be taken.)

Important Changes to Section 179 in 2016: The deduction limit for Section 179 is now $ 500,000 and the 2016 Section 179 deduction threshold for the total amount of equipment that can be purchased is now $ 2,000,000! 

Another great part of section 179 is that there is a 50 percent bonus depreciation for the tax year 2016 and it has been extended through 2019.  What that means is you can deduct an additional 50 percent of the amount over $ 500,000 in addition to your standard depreciation deduction. This applies to equipment acquired and put into service during 2016 and 2017. Unfortunately at this point though the bonus depreciation will phase down to 40 percent in 2018 and 30 percent in 2019.



We have made it easier than ever to get financing for your equipment needs at Southern-Tool.  Your application can be completed in minutes with decisions delivered in as little as 30 seconds.  With flexible and competitive equipment leasing and working capital, we have payment options to fit your financial needs.  You can apply directly on our website by clicking on the link below through your PC, mobile phone or tablet.


Our lender CIT Group Inc. empowers small, medium and large businesses by providing equipment financing solutions via technology-enabled platforms and market leading structuring expertise.  CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals.  CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of expertise, and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender).


  • STEP 1 - Click on the link below, fill out the application entirely.
  • STEP 2 - You will be notified in minutes if you are approved.
  • STEP 3 - A Southern-Tool sales associate will be in contact with you  to review your purchase and schedule accordingly.

If you have any questions or concerns please feel free to email us or call us.

The Benefits of Financing
There are a number of exciting reasons why financing could be the best payment option for your next purchase.

  • Get it right now - When the newest piece of equipment is crucial to your business, waiting for the funds to be available isn’t always an option. With financing, you won’t have to put forth a hefty upfront payment.
  • Keep your cash reserves available
  • Paying for the equipment over time with a lease means that there is no huge cash burden with your purchase. You’ll be able to keep your cash reserves clear for other expenses or a rainy day.
  • Know what you are paying each month
  • Financing allows you to plan and budget with a predictable monthly payment.
  • Take advantage of competitive rates
  • The best rates make financing a cost-effective solution.
  • Say no to the bank hassle
  • Getting a loan from a bank is often not an easy process since there are usually a number of regulations and restrictions. With financing through one of the lenders, you can rest assured that the financing process will be simple.
  • Reap some possible tax benefits
  • Consult your Tax Professional about the benefits

Click here to apply

To Apply Please Contact
Kris Tozier SR Team Lead
Sales Equipment Finance First Citizens Bank
155 Commerce Way Portsmouth, NH 03801
Office: 603-766-9394
Fax: 866-469-8102




Anthony Olenio
Beacon Hill Funding Director of Sales
Direct/Fax – 781-428-4078
Cell – 978-478-8182 6

Click Here To Download Applicaiton PDF 

Benefits of Using BHF

Equipment Leasing and Equipment Finance Programs     

  • Quick Turnaround - Once you fill out our one-page application, we will have an update for you within a few hours.    
  • Financing Range - BHF can finance any transaction from $ 3,000 to $ 5,000,000.
  • Up to 100 percent Financing - BHF can finance up to 100 percent of the total project cost including leasehold improvements, freight charges, and training fees.    
  • Tax Benefits - We can tailor your lease so you can write-off 100 percent of your monthly payments or you can take advantage of the Section 179 deduction and write off the entire equipment cost up to 0,000 as long as you financed it in that same calendar year.    
  • Flexible Finance Programs - BHF has many programs of which you can choose. Call us today at (888) 853-1325 and a financing specialist can assist you. Click here to see our Programs page.    
  • Simple Application-Only to 0,000 - If your financing is less than 0,000 all you need to do is fill out our one-page application and you will have an answer within 24 hours. Apply Now!    
  • For Transactions over $ 150,000 If you need to finance more than 0,000 all you need to do is send in a commercial package and we can offer you the most competitive rates in the industry.
  • Commercial Package: completed one-page application, last (2) year’s corporate tax returns or audited financials, personal financial statement, and current interim statements. - Offer both Leases or Loans - BHF has the ability to offer both structures including SBA loans. A financing specialist can assist you on which structure makes most sense for your business.    
  • Financing Terms Options - Typically our terms range from 24-84 months. Take a look at our Programs page to see if another structure makes more sense for your business.    
  • Buyout Options - We can structure a $ 1 buyout, Fair Market Value (FMV), or straight EFA loan


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