Did you know that Arvest Bank offers Equipment Leasing? It’s true! When your company needs new or used equipment such as a trailer, forklift or even a printer, a lease program may be the answer to your financing needs. Almost anything used by your business, small or large, can be financed with a lease through Arvest Bank. Commercial vehicles and trailers, new and used types of equipment for offices and businesses, and various types of technological equipment such as computers and scanners are available for lease.
So what are the advantages of equipment leasing? Here are just a few reasons why leasing may be the right choice for you:
Tax treatment. The IRS does not consider an operating lease to be a purchase, but rather a tax-deductible overhead expense. Therefore, you can deduct the lease payments from your corporate income.
100 percent financing. With leasing, there is very little money down - perhaps only the first and last month's payment are due at the time of the lease. Since a lease does not require a down payment, it is equivalent to 100 percent financing. That means that you will have more money to invest in revenue-generating activities.
Flexibility. As your business grows and your needs change, you can add or upgrade at any point during the lease term through add-on or master leases. If you anticipate growth, be sure to negotiate that option when you structure your lease program. You also have the option to include installation, maintenance and other services, if needed.
Contact our expert leasing team today for a personalized assessment of your needs and financing options!
Leasing@arvest.com
(479) 573-1427 or (866) 745-1487