Farmers State Bank Agricultural Banking

Leasing Programs

Commercial & Farm Equipment Leasing

  • New & Used Equipment up to 5 years old
  • Eliminates large up-front purchase costs
  • Provides long-term, fixed rate financing.
  • Provides 100% deductibility of rental costs.
  • Preserves ability to acquire equipment where prohibited by restrictive covenants of loan agreements of Industrial Revenue/Development Bonds
  • Offers numerous payment plans and lease-end options for maximum flexibility
  • Eliminates complex and time consuming depreciation accounting problems.

Municipality Leasing

  • 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.
  • Offer numerous payment plans and lease-end 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.

Why Leasing?

Leasing provides the same quality you seek in any professional financing relationship; exceptional personal service, integrity and competitive pricing.

Customers can receive a financing method that suits cash flow needs and possible tax deductions, establishes long-term fixed rates and provides equipment financing. Leasing conserves cash, offers numerous payment plans and lease-end options for maximum flexibility, and hedges against owning equipment that becomes obsolete due to advances in technology.

You can be assured that the financing proposal you receive from Farmers State Bank will be custom-designed to fit your needs and your best interest.

Contact a FSB Loan Officer for current leasing options and rates!