Equipment Leasing:

Equipment Leasing Can Free Capital For Other Needs...

Depending on your needs, equipment decisions can tie up a lot of resources. This is true for many local businesses like medical practices, construction companies, or any type of business that uses office equipment such as computers, telephone systems, or copy machines.

Fixed asset replacements and upgrades are something to consider. With the leasing option, new equipment decisions won’t be hampered by the burden of a fixed asset.

Equipment vendors always offer lease financing when the order is placed. As an incentive, they provide quick and easy paperwork and often instant credit approval. However, these lease plans are usually very expensive and can include hidden fees.

At Stock Yards Bank, we are also quick to respond to your lease requests and will simplify your lease transaction. In addition, our lease has no hidden fees or surprise charges. Consider these benefits before signing any vendor lease agreement:

Benefits:

SYB lease can be paid off early without penalty
SYB lease never attaches other business assets
SYB lease puts a cap on lease end purchase options
SYB lease never assesses duplicate insurance premiums
SYB lease never charges interim rent

Don't forget to call your Stock Yards lending officer to discuss leasing BEFORE signing any vendor lease agreement.