Equipment Lease Financing Rates
When you finance equipment there are two ways in which to do this either through a capital equipment loan or through a lease.
Equipment lease financing rates. Pnc equipment finance offers equipment financing expertise and consulting to facilitate the acquisition of all types of business critical assets for companies of all sales sizes state and local municipalities and all types of institutional entities. Special pro and put residuals on new and late model used 2015 or newer combines for a limited time only. Wells fargo equipment finance is the trade name for certain equipment leasing and finance businesses of wells fargo bank n a. Special pro put and fpo residuals on new and used grain carts dump carts forage wagons dump wagons tillage equipment and heads cornheads drapers platforms.
Lock in a low lease payment with agdirect s special lease residuals. Equipment priced less than 100 000 usually comes with a higher finance rate anywhere from 8 to 20. Special pro put and fpo residuals on new and used grain carts dump carts forage wagons dump wagons tillage equipment and heads cornheads drapers platforms. Equipment financing transactions are provided in canada by wells fargo equipment finance company.
Unlike a lease which provides fixed rate financing a loan or line of credit s interest rates may fluctuate throughout the loan term. We finance general purpose equipment such as packing machines and office equipment heavy industrial equipment such as manufacturing lines printing presses and stationary machinery construction equipment and commercial vehicles typically greater than 2 5 tons such as heavy trucks and trailers. Equipment financing rates are determined based upon the size of the lease your credit score and payment history and where your business is located. The two primary means capital equipment loans.
Capital equipment loans are typically loans from banks and or finance companies led to a company for the purpose of acquiring. Lock in a low lease payment with agdirect s special lease residuals. Interest rates for equipment financing. Money equipment leasing vs.
What you need to know when your business needs equipment but you don t have the cash to buy it outright you have two options. Get lease and loan options for all the equipment you need to keep your farm running acreage maintained and animals comfortable.