Financial Programs

Don’t want to tie up capital,
but still want the tax benefits?
​ViviX is pleased to offer the following two financial programs for hotels and resorts.  Customized for hotel equipment purchases, these two programs improve cash flow and have excellent depreciation and tax benefits for your property.
$1 Buyout Program
​This option is perfect for hotels who want to convert their capital expenditure into a monthly payment, but still want to own the equipment and want to depreciate the expense.  With the $1 Buyout Program, you choose between a 36, 48 or 60-month lease term.  At the end of the term, the title and ownership of the equipment are transferred to you for a purchase amount of $1.  The equipment is fully depreciable in the first year, resulting in significant tax benefits (see example below).
FMV Program
​This program is designed for hotels who prefer to lease their equipment for improved cash flow purposes, while keeping their future options open.  With the FMV Program, you choose between a 36, 48 or 60-month lease term.  At the end of the term, you choose how you want to proceed.  The equipment is fully depreciable in the first year, resulting in significant tax benefits (see example below).
FMV End of Term Options:
  • Return the equipment.
  • Purchase the equipment at negotiable fair market value.
  • Continue current lease on a month-to-month basis.
  • Extend the lease for a predetermined amount of time at a discounted payment.
  • Upgrade or refresh the equipment, and consolidate your payments.
Depreciation Example*
​Both of our financial programs are considered Section 179 “Capital Leases”, which qualifies your purchase for accelerated depreciation!  This means you are able to depreciate the entire purchase amount in the first year, effectively lowering the cost of your equipment.  For example, if your property is taxed at 20%, an equipment purchase and depreciation amount of $50,000 would result in a tax savings of​ $10,000 cash.*
*Be sure to discuss your specific tax implications with a tax professional.
VIVIX Hospitality Televisions