At a time when business has been interrupted, reduced cost or "free" equipment that can enhance your operations now and for the future is what you need. Many businesses are reopened and some never shut down. But even businesses that didn't close had to change many operating procedures including having many employees work from home. In very small operations, R & D departments were slightly effected but larger ones that weren't essential were paused. Universities were the hardest hit because of protections for staff and students. It is now time to spur on American ingenuity and resourcefulness and make sure your business has all the tools it needs for the future.With a 3d printer, especially a large one like ours, you can mature your ideas into reality much more quickly. Whether Engineering, Prototyping, Architecture, Product Design, Foundry, Film Props or Tinkering and Inventing, we have helped many achieve their goals at a lower cost, both for purchase and cost of operation.
If you are purchasing using SBA EIDL funds then you should know that the SBA Loan has language stressing buying American Made equipment. In fact, you may have to prove that no american products were available and this may affect future loan forgiveness. Thankfully' our Large Format 3D printers are fully American Made and shipped from California. Even if your loan is not partially forgiven, you have a second way to get credit towards this printer. That is by using the IRS R & D Tax Credit. This is not a Deduction--it is a credit...much more valuable. The credit is a little complicated to calculate but it can be used for wages of workers using our printer for your increased Research and Development and also for supplies. Additionally, Our 3D Printers save energy since we have optimized them for cold bed printing which is an additional category under this credit. This is no small savings in energy since the energy used to heat the bed is ten times the amount used to print an item. There are many accounting companies that now specialize and consult for these credits. See IRS Form 6765. Lastly you may be able to write off 100% of this 3D Printer as a capital expense instead of depreciating it over years of service.