Loans & FinancingEquipment Financing

You have a variety of options when leasing commercial equipment. To meet the needs of your unique situation, we are dedicated to finding solutions that fit you and your business.

We lease many types of equipment including computers, office equipment, and machine tools. Our terms generally range from three to seven years and include several types of tax leases. Leasing through First National can be an effective solution that offers many benefits, including:

Affordability

Leasing traditionally provides lower payments than conventional financing.

Conservation of Cash

A lease often needs little or no down payment, allowing you to retain capital. This is important, particularly for growing businesses needing to conserve cash.

Tax Advantages

A tax write-off for payments made during the lease term can frequently be more beneficial than depreciation and may even prevent tax problems, such as the Alternative Minimum Tax.

Flexibility

Leasing makes it easy to match equipment payments to equipment revenues, allowing you to track seasonal patterns. Also, a lease can often reduce the risk of owning obsolete equipment that is no longer technologically useful.