COVID-19 Update: Effective November 23, Compeer Financial offices will be open by appointment only. We are committed to serving you and have several options for connecting with us.
With Compeer Financial on your side, you can. Whether it’s a new or recently completed construction, fleet vehicle purchase or other vehicle/equipment purchase, depend on us to help you choose the right option to maximize your financing and tax management options.
Advantages to a Lease
Financing your business purchase with a lease can help you reach your goals faster. You may get an immediate write-off of dollars spent instead of waiting for equipment or storage facilities to depreciate over several years. There’s also the possibility of spending less cash up-front and a more predictable payment schedule, compared to a loan — all of which can make margin management easier.