Texas Equipment Financing
Calculate equipment loan and lease payments for your Texas business. Compare financing options and maximize tax benefits.
Texas Business Overview
Key economic indicators for equipment financing decisions
Population
30.0M
State Tax Rate
0%
Business Climate
No state income tax, business-friendly, rapidly growing, diverse economy
Top Industries in Texas
Major sectors driving equipment financing demand
Most Financed Equipment in Texas
Equipment types commonly purchased by Texas businesses
Understanding Texas's Tax Advantage
How Texas's 0% state income tax affects equipment financing
When you purchase equipment, you can claim tax deductions at two levels: federal and state. Here's how it works in Texas:
Federal Tax Savings (All States)
- ✓Section 179: Deduct up to $1,250,000
- ✓Federal corporate rate: ~21%
- ✓Example: $100K equipment = ~$21K federal savings
Texas State Tax Savings
While you won't get additional state deductions, Texas businesses keep more cash flow year-round with zero state income tax burden.
$100K equipment = $21K total tax savings (federal only)
Calculate your exact savings: Use our Section 179 calculator to see the federal and state tax benefits for your specific equipment purchase.
Equipment Financing Options in Texas
Compare different financing methods for your business
Equipment Loans
Traditional financing where you own the equipment from day one. Ideal for Texas businesses looking to build assets and claim Section 179 deductions.
Equipment Financing FAQs for Texas
Common questions about equipment financing in Texas
What equipment financing options are available in Texas?
Texas businesses can access equipment loans, equipment leases, sale-leasebacks, and lines of credit. Many Texas lenders also offer SBA 504 loans for larger equipment purchases.
What are the typical interest rates for equipment loans in Texas?
Equipment loan rates in Texas typically range from 5% to 30% depending on credit score, equipment type, and loan term. Well-qualified Texas businesses can secure rates as low as 5-8%.
Can Texas businesses claim Section 179 tax deductions?
Yes! Texas businesses can deduct up to $1,250,000 in equipment purchases under Section 179 for tax year 2025. This federal tax benefit is available to all U.S. businesses, including those in Texas.
How does Texas's 0% state tax rate affect equipment financing?
Texas's 0% state tax rate means no state income tax, allowing businesses to retain more capital for equipment investments. Use our calculators to see the total tax impact.
What types of equipment are most commonly financed in Texas?
In Texas, the most commonly financed equipment includes Oil & Gas Equipment, Manufacturing Equipment, Medical Equipment, Restaurant Equipment. These align with Texas's top industries: Oil & Gas, Technology, Manufacturing, Healthcare.
How long does it take to get approved for equipment financing in Texas?
Texas businesses can typically get approved for equipment financing in 24-48 hours with online lenders, or 1-2 weeks with traditional banks. Pre-qualification is often instant.