Equipment Lease Financing Rates

Unlike a lease which provides fixed rate financing a loan or line of credit s interest rates may fluctuate throughout the loan term.

Equipment lease financing rates.

The two primary means capital equipment loans. Equipment financing transactions are provided in canada by wells fargo equipment finance company. Special pro put and fpo residuals on new and used grain carts dump carts forage wagons dump wagons tillage equipment and heads cornheads drapers platforms. Financing for large and compact tractors sprayers combines tillage equipment utility vehicles and more.

Equipment financing rates are determined based upon the size of the lease your credit score and payment history and where your business is located. What you need to know when your business needs equipment but you don t have the cash to buy it outright you have two options. Money equipment leasing vs. We finance general purpose equipment such as packing machines and office equipment heavy industrial equipment such as manufacturing lines printing presses and stationary machinery construction equipment and commercial vehicles typically greater than 2 5 tons such as heavy trucks and trailers.

Lock in a low lease payment with agdirect s special lease residuals. Get lease and loan options for all the equipment you need to keep your farm running acreage maintained and animals comfortable. Lock in a low lease payment with agdirect s special lease residuals. Capital equipment loans are typically loans from banks and or finance companies led to a company for the purpose of acquiring.

Special pro and put residuals on new and late model used 2015 or newer combines for a limited time only. Equipment priced less than 100 000 usually comes with a higher finance rate anywhere from 8 to 20. Wells fargo equipment finance is the trade name for certain equipment leasing and finance businesses of wells fargo bank n a. The 1 buyout lease a capital lease in which the lessee makes fixed payments each month and then has the right to purchase the leased equipment for 1 at the conclusion of the lease period.

Special pro put and fpo residuals on new and used grain carts dump carts forage wagons dump wagons tillage equipment and heads cornheads drapers platforms. Interest rates for equipment financing.