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.
- 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
This is not a commitment to lend or enter into a lease. Not all applicants will qualify. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. Compeer Financial does not provide legal advice or certified financial planning. You should consult your own tax, legal and accounting advisors before engaging in any transaction or tax return filings. Compeer Financial is an equal credit opportunity lender.