Equipment, Municipal & Facilities Leasing
Leasing through KeySavings Bank comes with real advantages. We know you, and we know your business. We have an established, trusted relationship, and we understand your objectives. Unlike traditional leasing companies, we never charge terminations or prepayment penalties should you need flexibility during the term of your lease. Coordinating all of your banking and equipment financing activity with one bank is convenient, saving you time.
‹Agricultural Buildings and Equipment ‹Commercial Vehicles ‹Construction
‹Manufacturing ‹Vendor Financing ‹Healthcare Professionals
‹Municipal & School Districts ‹Furniture, Fixtures and Equipment
- 100% financing available-no down payment required
- New or used equipment
- Variable payments schedules available for seasonal cash flows
- Fixed rate which will not change during the term of the lease
- Most leases can be structured to meet tax objectives
Standard Equipment Lease
An equipment lease is a contractual agreement between the owner of the equipment (the Bank) and a lessee who wants to use the equipment for a specific period in exchange for set payments. Our lease allows the lessee to purchase the equipment at the end of the term.
A municipal or tax-exempt lease agreement allows a governmental subdivision to use annual revenues to make payments for any type of essential use equipment or facilities. This financing method is a popular alternative to purchasing an asset with cash, using an operating lease, or issuing bonds.
Facility lease means a lease of or other right to operate, occupy or use a facility that any company currently leases, operates, occupies or uses in connection with the conduct of the business.