An operating lease may be appropriate for businesses that regularly upgrade equipment or technology. Essentially, Associated Bank purchases the equipment and leases it to you, for a period shorter than the life of the asset.
- Full use of the equipment during the term of the lease
- No “bargain price” purchase option at lease end
- Fixed payments that meet your cash flow needs
- Lease may be treated as an operating expense
Add the benefits of leasing to your bottom line.