AMERICAN STATE BANK'S EQUIPMENT LEASING PROGRAM....a new way to meet your financial needs.

 

EXPERIENCE
American State Bank has offered leasing for the past several years through local dealer tie-ins and specialized programs.  We are now introducing our leasing program to all of our customers for their benefit as well.

 

MAKING A DIFFERENCE
Most bankers simply do not understand leasing.  Often time, if leasing if offered at a bank, the bank is acting merely as a referral agent - approval and funding of the lease often occurs elsewhere, usually through a leasing company.  That's where American State Bank's leasing program is different.  We approve and fund all leases locally at the bank.  You work with a loan officer who know's and understands your business.

 

FLEXIBILITY
We want to help you succeed in your business by providing friendly, responsive, and flexible service.  American State Bank understands your business and offers leasing as another financing alternative to you.  Consider the following:
  • We can work on terms to suit your needs.
  • We offer down payment, maturity, and payment options.
  • Municipal leases welcomed.
  • Flexibility on age of equipment.
  • Tell us what you want and we'll make it happen.

 

WHY LEASE?
There are several possible advantages to a lease over conventional financing which include:
  • Minimal or no down payment.
  • Lowers your payments to aid in improving your cashflow.
  • Possible tax advantages.
  • Keeps working capital free for other uses...doesn't effect credit limit at your bank
  • 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 agreement.
  • Offers numerous monthly or annual payment plans and lease-end options for maximum flexibility.
  • A hedge against owning equipment that becomes obsolete due to advances in technology.
  • Provides fixed rate financing to protect operating budgets.
  • Eliminates complicated depreciation accounting.

 

 

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