Business Banking

Commercial Leasing

Over the past few years, leasing equipment has become a more accepted and cost-efficient method of utilizing assets than out right ownership.

Here are just a few of the many reasons why leasing has become so popular:

• 100% deductibility of the rental payments.
• Off balance sheet financing frees up working capital for other uses as opposed to tying up cash in fixed assets.
• Intermediate-term, fixed interest rate re-payment programs are custom designed to meet your cash flow requirements.

We've been in the leasing business since 1988. Let us utilize our experience and expertise to customize a leasing program that fits your cash flow requirements.

Call us today for a customized quote 217-488-6091!

Lease Application Requirements

1. Applicant executed lease application
   Please be sure the following information is included:
   • Current years financial statement
   • Financial institution references
   • Insurance agent
2. For deals over $50,000:
   • Last two year’s federal income tax returns OR
   • Past two fiscal years accrual basis profit and loss statement
3. If applicant is a corporation:
   • Borrowing resolution and Articles of Incorporation
4. If applicant is partnership:
   • Partnership agreement
5. $150.00 Lease Origination Fee Applies to all transactions.