Equipment & Facility Lease
What if you could tailor a lease to fit your financial situation and the specific needs of your operation?
With Compeer Financial on your side, you can. Whether it’s a new or recently completed construction, fleet vehicle purchase or other vehicle/equipment purchase, depend on us to help you choose the right option to maximize your financing and tax management options.
Advantages to a Lease
Financing your business purchase with a lease can help you reach your goals faster. You may get an immediate write-off of dollars spent instead of waiting for equipment or storage facilities to depreciate over several years. There’s also the possibility of spending less cash up-front and a more predictable payment schedule, compared to a loan — all of which can make margin management easier.
Eligible Assets
- Facilities: Agribusiness and livestock facilities, machine shed/shop and grain handling facilities
- Fleet: Light, medium and heavy-duty trucks; fork lifts
- Other vehicles: Trucks, semi-tractors, grain hoppers and other agricultural-use trailers
- Equipment: Specialized agribusiness equipment and agricultural machinery