Smart Money Moves: Equipment Financing Tips with Ty Willis, Ep #5

When it comes to purchasing machinery, the decision isn't always as simple as cash or financing—it's a strategic move that can shape the future of your business.  In this episode of Buy the Numbers, Ty Willis joins me to break down equipment financing, Section 179 tax benefits, and how to make smart purchasing decisions. Should you leverage financing to preserve cash flow or invest upfront for incremental growth?  Ty dives into these questions, exploring how diverse lending strategies and tools like equipment finance agreements can help you maximize ROI without overextending your business. We'll also discuss common pitfalls, like buying equipment for depreciation alone, and why Section 179 should complement a smart decision—not drive it.  Whether you're expanding operations, upgrading technology, or testing new markets, Ty's expert insights will help you weigh the tax, financial, and growth implications of your next big move. Tune in for actionable advice to keep your business growing strategically! You will want to hear this episode if you are interested in... [2:44] Learn more about Ty Willis  [5:11] How to build connections in the industry  [10:42] Equipment financing + section 179  [15:00] Why finance versus pay cash?  [23:13] Why look at independent financing?  [30:40] Flexible financing options  [36:02] Is financing a purchase an option? [41:14] Key ratios that lenders look at  [43:15] Pitfalls to watch out for [47:25] How to connect with Ty Resources & People Mentioned The Technology and Manufacturing Association EBITDA Growth Systems Connect with Ty Willis Connect on LinkedIn  Connect With Buy the Numbers Follow on LinkedIn Connect with Mike Payne on LinkedIn Subscribe to Buy the Numbers Audio Production and Show Notes by - PODCAST FAST TRACK