--- title: Section 179 --- Make the most of Section 179 tax savings. [Learn how →](https://www.approvepayments.com/section-179) [![approve logo](https://www.approvepayments.com/hubfs/approve_primary_shadow.svg "approve logo")](https://approvepayments.com) - [For Sellers](https://www.approvepayments.com/vendors) - [Customer Finance Management (CFM)](https://www.approvepayments.com/vendors) - [FinanceMyQuote.ai™](https://www.approvepayments.com/finance-my-quote) - [Partner Marketing Hub](https://www.approvepayments.com/partner-marketing-hub) - [Co-Op Cash Program](https://www.approvepayments.com/co-op-cash-program) - [Documentation](https://docs.approvepayments.com/docs/4.0/approve?_gl=1*12ftoom*_gcl_au*MTE1MjExMzM0NS4xNzQ4NDQ0OTQ5*_ga*MTE3NjE5MDI5MS4xNzMyNzIyMDA3*_ga_PT4RGJ5VHL*czE3NDg1NTcyODckbzUzJGcxJHQxNzQ4NTU4NzA5JGo1OCRsMCRoMA..) - [For Borrowers](https://www.approvepayments.com/borrowers) - [Equipment Financing](https://www.approvepayments.com/equipment-financing) - [Working Capital Loans](https://www.approvepayments.com/working-capital) - [Long-Term SBA Loans](https://www.approvepayments.com/sba-loans) - [Tax Benefits](https://www.approvepayments.com/section-179) - [Frequently Asked Questions](https://www.approvepayments.com/borrowers/faq) - [About](https://www.approvepayments.com/about-us) - [Partner With Us](https://www.approvepayments.com/partners) - [Success Stories](https://www.approvepayments.com/success-stories) - [Blog](https://www.approvepayments.com/blog-approve) - [Contact](https://www.approvepayments.com/contact-us) - [Login](https://kwipped.com/approve/login) [Sign up for free](https://www.approvepayments.com/get-started) [![approve logo](https://www.approvepayments.com/hubfs/approve_primary_shadow.svg "approve logo")](https://approvepayments.com) [Sign up for free](https://www.approvepayments.com/get-started) [![approve logo](https://www.approvepayments.com/hubfs/approve_primary_shadow.svg "approve logo")](https://approvepayments.com) - [For Sellers](https://www.approvepayments.com/vendors) - [Customer Finance Management (CFM)](https://www.approvepayments.com/vendors) - [FinanceMyQuote.ai™](https://www.approvepayments.com/finance-my-quote) - [Partner Marketing Hub](https://www.approvepayments.com/partner-marketing-hub) - [Co-Op Cash Program](https://www.approvepayments.com/co-op-cash-program) - [Documentation](https://docs.approvepayments.com/docs/4.0/approve?_gl=1*12ftoom*_gcl_au*MTE1MjExMzM0NS4xNzQ4NDQ0OTQ5*_ga*MTE3NjE5MDI5MS4xNzMyNzIyMDA3*_ga_PT4RGJ5VHL*czE3NDg1NTcyODckbzUzJGcxJHQxNzQ4NTU4NzA5JGo1OCRsMCRoMA..) - [For Borrowers](https://www.approvepayments.com/borrowers) - [Equipment Financing](https://www.approvepayments.com/equipment-financing) - [Working Capital Loans](https://www.approvepayments.com/working-capital) - [Long-Term SBA Loans](https://www.approvepayments.com/sba-loans) - [Tax Benefits](https://www.approvepayments.com/section-179) - [Frequently Asked Questions](https://www.approvepayments.com/borrowers/faq) - [About](https://www.approvepayments.com/about-us) - [Partner With Us](https://www.approvepayments.com/partners) - [Success Stories](https://www.approvepayments.com/success-stories) - [Blog](https://www.approvepayments.com/blog-approve) - [Contact](https://www.approvepayments.com/contact-us) - [Login](https://kwipped.com/approve/login) [Sign up for free](https://www.approvepayments.com/get-started) [![approve logo](https://www.approvepayments.com/hubfs/approve_primary_shadow.svg "approve logo")](https://approvepayments.com) [Sign up for free](https://www.approvepayments.com/get-started) - [For Sellers](https://www.approvepayments.com/vendors) - [Customer Finance Management (CFM)](https://www.approvepayments.com/vendors) - [FinanceMyQuote.ai™](https://www.approvepayments.com/finance-my-quote) - [Partner Marketing Hub](https://www.approvepayments.com/partner-marketing-hub) - [Co-Op Cash Program](https://www.approvepayments.com/co-op-cash-program) - [Documentation](https://docs.approvepayments.com/docs/4.0/approve?_gl=1*12ftoom*_gcl_au*MTE1MjExMzM0NS4xNzQ4NDQ0OTQ5*_ga*MTE3NjE5MDI5MS4xNzMyNzIyMDA3*_ga_PT4RGJ5VHL*czE3NDg1NTcyODckbzUzJGcxJHQxNzQ4NTU4NzA5JGo1OCRsMCRoMA..) - [For Borrowers](https://www.approvepayments.com/borrowers) - [Equipment Financing](https://www.approvepayments.com/equipment-financing) - [Working Capital Loans](https://www.approvepayments.com/working-capital) - [Long-Term SBA Loans](https://www.approvepayments.com/sba-loans) - [Tax Benefits](https://www.approvepayments.com/section-179) - [Frequently Asked Questions](https://www.approvepayments.com/borrowers/faq) - [About](https://www.approvepayments.com/about-us) - [Partner With Us](https://www.approvepayments.com/partners) - [Success Stories](https://www.approvepayments.com/success-stories) - [Blog](https://www.approvepayments.com/blog-approve) - [Contact](https://www.approvepayments.com/contact-us) - [Login](https://kwipped.com/approve/login) ## DID YOU KNOW... ## Financed equipment is 100% tax deductible with Section 179 ![section 179 hero img](https://www.approvepayments.com/hs-fs/hubfs/section%20179%20hero%20img.png?width=2000&height=1356&name=section%20179%20hero%20img.png "section 179 hero img") Take advantage of Section 179 of the IRS Tax Code to deduct the full purchase price of qualifying equipment financed during the tax year. This powerful tax benefit is designed to help businesses invest in equipment without the burden of high up-front costs. [Apply Now](https://www.approvepayments.com/borrowers) [Deduction Calculator](https://www.section179.org/section_179_calculator/) ![offers-restaurant](https://www.approvepayments.com/hs-fs/hubfs/offers-restaurant.png?width=2000&height=1440&name=offers-restaurant.png "offers-restaurant") ### What is Section 179? Section 179 allows businesses to write off the full purchase price of qualifying equipment that was financed and placed into service during the tax year. Whether you lease or finance, you can deduct the full amount as long as the equipment qualifies and is placed into service before December 31st.  ## Key Benefits of Section 179 ## Immediate Deduction Instead of depreciating over time, you can deduct the full cost of equipment in the year of purchase. ## Save on Equipment Purchases Any equipment you finance can result in substantial tax savings, lowering your overall financing costs and cost of ownership. ## Boost Cash Flow With tax savings upfront and manageable payments over time, Section 179 allows you to grow your business while keeping cash reserves healthy. ## Applicable to New & Used Equipment Instead of depreciating over time, you can deduct the full cost of equipment in the year of purchase. ### Example Scenario Let’s say your business finances $50,000 in equipment. With Section 179, you can deduct the entire $50,000 from your taxable income in the current year. If you are in the 24% tax bracket, that results in $12,000 in tax savings! ### Ready to start financing? [Apply Now](https://www.approvepayments.com/borrowers) *\*Consult a tax professional to confirm Section 179 eligibility* ![](https://www.approvepayments.com/hs-fs/hubfs/approve%20logo.png?width=150&name=approve%20logo.png) Welcome to a faster, smarter path to business financing. #### How can we support your business today? | Equipment Financing Acquire essential business equipment while preserving cash flow. Loans have 12-72 month terms, with monthly payments often deductible as business expenses. Builds business credit.   Working Capital Short term loans (6-24 months) to manage cash flow, seize growth opportunities, and cover temporary cash flow gaps. Working capital amount? $25,000 $50,000 $75,000 $100,000 $150,000 $200,000 $250,000 | | --- | Start Application | 1 Submit Application | 2 Lenders Compete | 3 Choose Best Offer | | --- | --- | --- | ![approve\_reverse\_shadow](https://www.approvepayments.com/hubfs/approve_reverse_shadow.svg "approve_reverse_shadow") [Follow us on Facebook](https://www.facebook.com/profile.php?id=100076346170098) [Follow us on LinkedIn](https://www.linkedin.com/company/71719006/) [Follow us on Twitter](https://x.com/APPROVEPayments) [Follow us on Instagram](https://www.instagram.com/approvepayments/) ###### © 2026 All rights reserved. **Company** [About](https://www.approvepayments.com/about-us) [Careers](https://www.approvepayments.com/careers) [Press](https://www.approvepayments.com/press) [Blog](https://www.approvepayments.com/blog-approve) [Contact](https://www.approvepayments.com/contact-us) **Resources** [Success Stories](https://www.approvepayments.com/success-stories) [Documentation](https://docs.approvepayments.com/docs/7.0/approve) [API](https://apidocs.approvepayments.com/?_gl=1*e0j2sg*_gcl_aw*R0NMLjE3NTY4Mjg4OTMuQ2p3S0NBandxOXJGQmhBSUVpd0FHVkFaUDNEOWZSWTdFTEVIZHlCU185V0c5Q3hRV2RCZ1BzcFNfX3QxQk5QYi14ODBQQTZwZU5qdzBob0N3TllRQXZEX0J3RQ..*_gcl_au*MTU3NTg1OTk5OC4xNzYwMzY0MDUwLjE3ODEzNTg3NzEuMTc2MDcwODAwNy4xNzYwNzA4MDQx*_ga*MTEzODQ0ODQ0Ny4xNzUyNTE2OTU4*_ga_PT4RGJ5VHL*czE3NjA3MDUwODQkbzIzMSRnMSR0MTc2MDcwODU1NiRqNjAkbDAkaDA.) [Terms & Conditions](https://www.approvepayments.com/terms-and-conditions) [Privacy Policy](https://www.approvepayments.com/privacy-policy) [Get Started](https://www.kwipped.com/approve/signup) [Section 179](https://www.approvepayments.com/section-179) **(800) 273-8404 [sales@approvepayments.com](mailto:sales@approvepayments.com) 300 N. 3rd St. Suite 500 Wilmington, NC 28401**