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Leasing Information

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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 button to apply


Time payment

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

Time payment
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.

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