Lease

Leasing Services at Ergo Bank 

At Ergo Bank, we understand that acquiring the right equipment and assets is crucial for the growth and success of your business. Our leasing services are designed to provide you with flexible and cost-effective solutions to meet your needs. Whether you require short-term use of equipment or long-term investment, we offer a range of leasing options to help you stay competitive and efficient. Contact our leasing team today by clicking the button below to explore how we can support your business. 

Contact a Lender 
 

Types of Leases 

• Operating Leases: Ideal for equipment that you plan to use for a short period. Payments are lower, and you can return the equipment at the end of the lease term. 
• Capital Leases: Suitable for long-term use. You have the option to purchase the equipment at the end of the lease term. 

Who Should Consider Leasing? 

Leasing can be a smart choice for a variety of organizations, including: 

• Small Businesses: Preserve cash flow and avoid large upfront costs.
• Growing Companies: Access the latest equipment to support expansion without significant capital investment.
• Seasonal Operations: Obtain equipment for peak periods without committing to long-term ownership.
• Non-Profits: Manage budgets effectively while acquiring necessary assets.
• Start-Ups: Minimize initial expenses and maintain financial flexibility.

Benefits of Leasing 

Leasing can offer several advantages, including:

• Preserve Capital: Leasing allows you to keep your cash reserves intact for other business needs.
• Flexible Terms: We offer customizable lease terms to fit your business requirements.
• Tax Advantages: Potential tax benefits, as lease payments may be deductible as business expenses.
• Up-to-Date Equipment: Stay current with the latest technology and equipment without the burden of ownership.