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Finance Lease - For the customer who wants to own or have the option to finance the equipment under lease.
Benefits Include:
- 100% financing for qualified customers
- Payments customized to meet your cash flow needs
- In most cases you claim the benefits of ownership for tax purposes, including depreciation and interest expense deductions
- Flexible purchase options available
Lease Terms
| Length |
24-72 month |
| Finance Rate |
Fixed Rate |
| Purchase Alternatives |
(1) Provision to purchase as low as $1 |
| |
(2) Fair Market Value |
| 100% Financing |
Available for qualified customers |
| Payment Flexibility |
Monthly, quarterly, semiannual, annual and seasonal |
Fair Market Lease - for the customer who desires the lowest possible payments and generally plans to return the equipment at the end of the lease term.
Benefits Include:
- Generally qualifies for off-balance sheet financing
- Provides you with the lowest possible monthly payment
- Frees your working capital for operating needs
Lease Terms
| Length |
24-72 months |
| Payments |
Generally monthly, although other schedules may be considered |
| Possible Purchase Option |
Fair Market Value (FMV) purchase option may be included in the contract |
| Tax Benefits |
Claimed by finance company |
Value Option Lease - for the customer who wants to use the equipment and have the option to purchase it at a predetermined price.
Benefits Include:
- Provides you with low monthly payments
- Generally qualifies for off-balance sheet financing
- Frees your working capital for operating needs
Lease Terms
| Length |
24-72 months |
| Payments |
Generally monthly, although other schedules may be considered |
| Possible Purchase Option |
Predetermined price |
| Tax Benefits |
Claimed by finance company |
Installment Sale Contract - for the customer who desires immediate equipment ownership yet wants to pay for the machine over an extended period of time. Trade-ins or down payments are typically included in these transactions.
Benefits Include:
- You may claim the tax benefits of ownership - including depreciation and interest expense deductions
- New and used equipment may be financed
- The installment sale contract is our lowest total cost option for machine ownership
Lease Terms
| Length (new equipment) |
24-72 months |
| Length (used equipment) |
24-60 months |
| Finance Rate |
Fixed |
| Down Payment or Trade-in |
0 on new equipment, first payment on used equipment |
| Tax Benefits |
Retained by Customer |
| Payment Flexibility |
Monthly, quarterly, semiannual, annual and seasonal |
Governmental Lease/Purchase Plan - for qualified* nonfederal governmental agencies who desire special low interest rates and flexible finance terms. Please note that you may need voter approval as you would with local bond insurance.
Benefits Include:
- The income we receive is tax-exempt, so we can pass these savings on to you through special low interest rates
- 100% financing is available
Lease Terms
| Length (new equipment) |
24-72 monthsLength |
| Length (used equipment) |
24-60 months |
| Payment Flexibility |
Monthly, quarterly, semiannual and annual |
| 100% Financing |
Available to qualified customers |
*Nonfederal government agencies with taxing, condemnation or policy authority qualify for this special plan. City, county and state governments; public authorities; and school, park and water conservation districts are just a few of the various agencies that qualify. |
