Equipment Leasing

Service 1st Bank’s equipment leasing program can be an excellent solution to your equipment and equipment financing needs.

 

  • Leases allow you to maintain your cash reserve with up to 100% financing of the purchase price including taxes, freight, and installation
  • Interest rates on leases are often lower than on loans, because the bank retains the tax benefits relating to the equipment
  • With a lease, you lock in your monthly payment and know exactly what it will be throughout the lease term, which is generally 3-5 years

We have various leasing programs to assist businesses in acquiring fixed assets. These leasing programs include:

  • True Leases – Bank owns equipment for tax purposes
  • TRAC Leases – True lease for vehicles
  • Solar Leases – Equipment that generates electricity through photo-voltaic panels
  • Finance Leases – Customer owns equipment for tax purposes

When you lease through Service 1st Bank you have the assurance of dealing with a bank with uncompromising integrity and commitment to exceptional service. Let our leasing expert work with you to create the best lease for your business needs.