Are you upgrading or adding to your commercial equipment but not too interested in owning it outright? Leasing lets you get the things you need, when you need them, with a lower cost of ownership.
We partner with Concentra Bank to offer payment solutions for your full range of business needs, including:
- Construction, mining, forestry and energy sector equipment, like cranes, hoists and lifts, mixers, skid steers, wheel loaders and excavators.
- Golf course equipment, like aerators, golf carts and rollers.
- Semi-trucks and trailers, like concrete pump trucks, dump trucks and stock trailers.
- Medical, laboratory and diagnostic equipment, like CT scanners, ultrasound and X-ray equipment.
- Machine tools, like CNC machines, cutting tools and milling machines.
- Material handling equipment, like forklifts, hoppers and pallet jacks.
One of the great things about leasing is that you can often use it to finance as much as 100% of the price for your purchase. Traditional term loans, on the other hand, usually only allow you to borrow up to 75% of the purchase price.
Still not sure if leasing is the best option for you? Check out our advice article on whether you should buy versus lease for your business.
If you’d like more information about our leasing options, give one of our advisors a call at 1.866.863.6237.