24300 Solon Road STE I, Bedford, OH 44146 Mon–Fri 8AM–5PM EST · After-Hours Support to 8PM EST
(216) 904-0215

Quality industrial woodworking machinery is a long-term asset — and most shops finance these purchases rather than paying cash up front. Our financing partners specialize in capital equipment for the woodworking and manufacturing industries, so they understand what they're funding and how it produces returns. Combined with potential Section 179 tax deductions, financing can make a major equipment purchase substantially more attainable than it first appears.

Lending Partners

Apply directly through our partners

We work with two established financing specialists. You can apply directly through either — or call NuTek and we'll help you decide which option fits your situation.

Sunbelt Lessors

"The Path of Leased Resistance"

Equipment leasing specialists with experience in industrial machinery. Leasing preserves capital and may offer tax advantages compared to outright purchase — particularly relevant for shops expanding or upgrading production capacity.

Stearns Bank

"We get the job done!"

FDIC-insured national bank with a dedicated equipment finance division. Stearns Bank offers traditional equipment loans alongside leasing options, with a co-branded NuTek application portal for faster processing.

Tax-Advantaged Purchasing

Section 179 deductions reduce the real cost of new equipment

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment in the year it's placed in service — rather than depreciating it over several years. For capital equipment purchases like industrial woodworking machinery, the deduction can substantially reduce your taxable income and the real after-tax cost of the equipment.

All machinery sold by NuTek qualifies for Section 179 treatment. The official Section179.org website has a calculator that estimates your tax savings based on equipment cost and your tax bracket.

Calculate Your Tax Savings

NuTek Machinery is not a tax advisor. Consult your accountant or tax professional regarding eligibility, deduction limits, and how Section 179 applies to your specific business situation.

Getting Started

Three ways to begin

There's no single right path — what works depends on your purchase size, your banking relationships, and your timeline.

01

Apply directly with a partner

Already know whether you want a lease or a loan? Apply online through Sunbelt Lessors or Stearns Bank above. Both offer quick approval processes.

02

Call NuTek to compare

Not sure which option fits your situation? Call (216) 904-0215 and we'll walk through the differences between leasing and traditional financing.

03

Run the Section 179 numbers

Before deciding, use the Section 179 calculator to see what tax benefits would apply. The after-tax cost is often substantially lower than the sticker price.

Questions before you apply?

If you'd like to talk through equipment costs, lease vs. loan tradeoffs, or how financing fits into your overall purchase — we're glad to help. There's no obligation, and we don't earn a commission from the lenders.