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First National Bank of St. Louis Business Equipment Leasing

My Bank Products

First National Bank of St. Louis Business Equipment Leasing

Equipment used to operate a business can be very capital intensive which is why businesses should consider leasing it as opposed to purchasing it on their own.

Why First National Bank of St. Louis Business Equipment Leasing may be a Good Option:

  • Keeps more working capital in the business
  • Most lease situations generate tax benefits, either in the form of tax deductions or depreciation allowance
  • Payment terms can be structured around seasonal cash flow changes
  • Some leases allow for deferred payments until revenue is generated from the equipment
  • Protects your equipment from technological obsolescence
  • Repairs and maintenance are usually included in the lease terms

Common Equipment to Lease:

  • Machine tools
  • Computers/IT/Communications
  • Transportation equipment
  • Manufacturing equipment
  • Plastic molding equipment
  • Material handling equipment
  • Furniture, fixtures and equipment

We offer First National Bank of St. Louis Business Equipment Leasing options that can eliminate the need to tie up working capital in a depreciating asset. We offer several different business equipment leasing options that fall within two main categories.

  • True Lease (Fair Market Value Lease)

    A true lease is similar to an automobile lease in that the user never takes title of the property. Rather, payments are made over the term of the lease which has a set expiration date. At the end of the lease term, the lease can be renewed or the property is returned to the vendor. The lessee can also choose to purchase the equipment at its fair market value. True leases are favored by businesses that want to expend the least amount of cash flow, and that want the flexibility to upgrade their equipment very few years to take protect against equipment obsolescence. Payments on a true lease are generally tax deductible.

  • Conditional Sales Lease (Finance Lease)

    Businesses that prefer taking ownership of the equipment would benefit from a business lease that combines interest expenses with principle payments. Because it ends up as a purchase, the payments are generally higher and they are not tax deductible *(however, depreciation allowances may be available). The purchase price is set in the terms of the lease which may be a balloon buyout or a specific dollar amount as low as $1. The lessee doesn’t take ownership until the all of the terms of the lease have been fulfilled.

First National Bank of St. Louis Lease Payment Options

One of the biggest advantages of our business equipment lease programs is the availability of flexible payment options to fit your business’ cash flow structure.

  • Progress Payments - We can work with the vendor(s) of the equipment on progress payments that may be required in the purchase of equipment.
  • Step-up Step-down Payments - If your business is seasonal we can structure your payment to decrease during slower business months.
  • Deferred Payments - We can structure a lease to delay the first payment for a short period of time allowing you to generate receivables.
  • Sale-lease-back - If you are looking to draw equity out of equipment you already own we
    can offer a sale-lease-back and put you into a term and payment that works for your budget.

If your business needs new equipment or an upgrade, a business equipment lease may be the quickest and most cost effective way to get access to the best equipment available. Our equipment leasing specialists can help you determine the best leasing option for your business. Call 1 (877) 554-5535 or visit your nearest First National Bank of St. Louis branch.

*The tax implications of leasing vary depending on the type of lease and should be fully reviewed with a tax professional prior to signing a contract.


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