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Business Leasing at 1st Source

Benefits of Leasing

1st Source offers leasing plans for any equipment necessary for the operation of your business.

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Because leasing requires a smaller initial investment than purchasing, your business can realize immediate cash benefits and maintain financial flexibility. We will also tailor a payment schedule to meet your budget requirements and show you a selection of purchase options.

There are a number of additional reasons to lease rather than buy equipment for your business:

  • minimizes up-front costs with little or no down payments
  • payments may be tax deductible on equipment eases,unlike payments for equipment purchases
  • enables you to finance related costs such as installation, training,maintenance,and shipping costs
  • conserves working capital for investments rather than tying it up in equipment
  • reduces the risk of owning obsolete equipment
  • preserves bank credit lines for shorter-term financing needs such as payroll or inventory
  • payments fixed for the term of the lease
  • minimizes paperwork
  • variable payment options

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P.O. Box 1602, South Bend, IN 46634
(574) 235-2000
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