Your customers will benefit from a lease program. Leasing could be the most cost-efficient source of financing available today.

Take a look at the benefits of a lease program from BancLease and contact us about adding this product to your banking services.

• Provides for long-term, fixed-rate financing to protect the operating budget from fluctuations in variable interest rates.
• May provide 100% tax deductibility of rental payments in operating lease cases.*
• Enables piecemeal financing of small or unbudgeted equipment acquisitions for which debt financing is impractical.
• Keeps working capital free for other uses, not tied up in fixed assets.
• Provides 100% equipment financing without compensating balances or down payments.
• Creates allowable cost (whereas interest does not) under certain government contracts.*
• Can provide an infusion of cash through sale-leaseback of presently owned fixed assets.
• Conserves cash.
• Deferred payments allow the equipment to pay for itself from the future revenue it generates.

• Preserves ability to acquire equipment where prohibited by restrictive covenants of loan agreements or Industrial Revenue/Development Bonds.
• Pinpoints equipment costs to specific projects or profit centers without time consuming depreciation and financing cost allocations.
• Allows the benefits of ownership without major cash outlays, debt restrictions, or asset management responsibilities.
• Offers a hedge against inflation; today's needed asset is paid for with tomorrow's dollar.
• Offers numerous payment plans and leaseend options for maximum flexibility.
• Eliminates complex and time-consuming depreciation accounting problems.
• A hedge against owning equipment that becomes obsolete due to great advantages in technology.