Category: Uncategorized

Section 179 Explained

2023 Updates: $1,160,000 deduction limit and $2,890,000 equipment purchase limits. Once this amount is reached, businesses can take bonus depreciation (80%) for equipment placed into service from Jan. 1, 2023 – Dec. 31, 2023.    Section 179 is a valuable tax benefit and one every business should know about. Accept an immediate tax break on […]

Is your business’s infrastructure sound?

As businesses across the country enjoy lower corporate tax rates and other benefits of tax reform, they’ll start to look at ways to reinvest that saved money in their business. When forecasting and planning purchases, many will want to assess their own infrastructure in a broad sense, and consider what business upgrades they need to […]

Businesses Can Benefit from New Equipment

Outdated Equipment Can Affect the Bottom-Line: A pitfall many operations managers run into is keeping old and outdated equipment in service past its recommended service life. Continuing to pay to update and repair outdated equipment is costly. Old equipment can be similar to driving a car that needs more repairs than it’s worth. We’ve all […]

DocuSign e-Signature for Finance Documents

Introducing DocuSign e-Signature Your customers can now sign their finance or lease paperwork through DocuSign. DocuSign allows your customers to sign their paperwork electronically from their computer, cell phone, tablet or favorite device. Your customers can sign anytime, anywhere, from any device. This allows us to process documents much faster, making your team look like […]

An Insider’s Perspective of Equipment Finance and Leasing

Equipment finance and leasing can offer a variety of benefits for small, family-owned companies and large multinational corporations, alike. At First Western Equipment Finance equipment finance (a Division of First Western Bank & Trust), we work with businesses of all sizes to help them achieve their goals. There are a variety of reasons why a […]

Frontier Precision User Event April 2017

2017 Frontier Precision Minnesota Geospatial Users Group Event Frontier Precision has partnered this year with First Western Equipment Finance, and representatives from First Western Equipment Finance will be participating in this year’s Frontier Precision Minnesota Users Group. MINNEAPOLIS, MINNESOTA (PRWEB) MARCH 29, 2017 Frontier’s annual Minnesota Users Group will be held April 6, at the […]

PATRIOT Act: Overview for Equipment Finance Transactions

Lenders across the country have been required to follow tightened laws for all financial transactions taking place in the United States, since the inception of the PATRIOT Act. Even basic accounts — such as personal savings or checking — must be set up following federal guidelines. This means that everyone banking or borrowing in the […]

First Western Equipment Finance adds DocuSign eSignature

First Western Equipment Finance (a Division of First Western Bank & Trust) Standardizes on DocuSign to Offer Customers the Speed, Convenience and Security of Digital Transaction Management EDEN PRAIRIE, Minn. – First Western Equipment Finance announced today it has standardized on DocuSign, Inc. (DocuSign®) for eSignature and Digital Transaction Management to offer its customers an easier, faster, more […]