Have you ever wondered how your competitor can afford the most advanced computer equipment when you are still making payments on something that is already obsolete?
Do you wonder where you will come up with the money for a down payment on a piece of equipment that you need to grow your business?
Well, wonder no longer. Your answer might be leasing.
First National’s new equipment leasing financing program gives customers another option when securing equipment. Whether it is a new computer system, business vehicles or new software, leasing might be the right fit for you.
First National's leasing program offers:
Just as with an equipment loan, you make a monthly payment on a lease (although other options such as quarterly or annual payments are available through the bank). Equipment can be leased through its useful life, taking away the headache of what to do with obsolete equipment when its productive life is over.
The one-page application is simple, easy to understand with credit decisions usually made within 24 hours. The money can be received within a business day or two.
First National’s leasing program can provide numerous benefits to you and your business. Leasing equipment such as computers that become obsolete quickly means you will not being paying for items that have outlived their useful life.
Leases can include 100 percent financing and lower payments than loans, giving you increased cash flow potential. There are also no restrictions on loan-to-value, meaning you will not have to struggle to come up with a lot of up front, out-of-pocket funding.
Many customers are also able to find tax advantages for leasing.
First National’s leasing program also comes fully equipped with the One Advantage: fast, friendly local service from knowledgeable Alaskans who are ready to serve you.
To learn more about how First National’s leasing program can help you secure the business equipment you need, call 777-4362 or 1-800-856-4362 or visit us online at FNBAlaska.com.
This bi-monthly newsletter is sent to Alaska business owners, managers and community leaders.
The articles and opinions in this publication are for general information only and are not intended to provide specific advice or recommendations for any individual. We suggest you consult your attorney, accountant, financial or tax adviser with regard to your individual situation. Entire publication. For publication information, call (907) 777-3409.