Mestek Machinery Finance Leasing

Contact Info

Mestek Machinery

5480 Sixth Street SW
Cedar Rapids, IA 52404

319.364.9181

319.364.3436

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Finance Leasing Your Mestek Machinery Equipment

Quality Equipment. Low Monthly Payments. Full Ownership.

Mestek Machinery is proud to partner with Midland Equipment Finance to provide finance leasing as alternative for our equipment.Midland will structure affordable payments over extended terms up to 84-months and, at the end of the term, you can take full ownership of your equipment for a $1. Finance leases span the useful life of your equipment as it generates income for your business while allowing you to take advantage of tax depreciation benefits.

The calculator below allows you to see your monthly payments based on different terms and buyouts. Additionally, you can see an example tax calculation based on the Section 179 Depreciation and Bonus Deduction for 2021. To get started, please enter the approximate cost of your equipment.

INTEREST RATES
$1 Buyout
36 Month Rates
48 Month Rates
60 Month Rates
72 Month Rates
84 Month Rates
10% Buyout
36 Month Rates
48 Month Rates
60 Month Rates
72 Month Rates
84 Month Rates
SPREADSHEET TRUE/FALSE VALUES
MONTHLY PAYMENTS
36 mos.
48 mos.
60 mos.
72 mos.
84 mos.
SECTION 179 DEPRECIATION AND BONUS DEDUCTION
  • Provides businesses with an alternative to capitalizing the cost of new or used equipment and depreciating it over its useful life
  • Enables businesses to deduct up to $1,050,000 of the total cost of newly acquired (new or used) property, indexed for 2021 inflation
  • Avails businesses a first year 100% Bonus Depreciation deduction for the total cost of newly acquired (new or used) property
  • Establishes a maximum capital purchase threshold of $2,620,000 in any year of use, indexed for 2021 inflation
  • Purchases over the threshold will result in a dollar-for-dollar reduction of the deduction
  • Benefits can be utilized only if qualifying property is placed into service during the calendar year
EXAMPLE TAX CALCULATION (for informational purposes only)

Let’s Get Started

Need help with a budget estimate to determine overall equipment costs to evaluate if your project can be justified? Looking for a firm or detailed quote for your equipment needs? Please use the form below to reach out — we’d love to help.

Contact Info

Mestek Machinery

5480 Sixth Street SW
Cedar Rapids, IA 52404

319.364.9181

319.364.3436

Follow Us

We're Here to Help

Have questions about our machinery and equipment? Looking for help on a unique application? Need help with a budget estimate to determine overall equipment costs to evaluate if your project can be justified? Please don’t hesitate to reach out — we’d love to help.