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Small Business Lease

Our Small Business Lease¹ is a popular financing option for businesses that need to acquire machinery or equipment without having to tie up cash or unnecessarily draw down an existing credit line. Our Small Business Lease is especially practical if your business uses equipment that becomes outdated before it’s paid off.

Our variety of terms usually makes it possible to match the length of your Small Business Lease to the useful life of the equipment or technology. And, at the end of your lease term, you may choose to purchase your equipment or continue to lease at a discount.

Small Business Lease Benefits

Little or no down payment
Lease options up to $500,000 available
Lease Line of Credit up to $50,000 available
100% financing plus soft costs, such as tax, shipping, maintenance, and installation
Possible tax advantages—monthly lease payments may be deductible as an operating expense²
Terms available from 24-60 months with unlimited mileage options
Protect against equipment obsolescence
Fast, easy application process, quick turnaround on credit decisions, and simplified lease closing process

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¹ All leases are offered by First Union Commercial Corporation, a subsidiary of Wachovia Bank, National Association.

² Consult your tax advisor.

Products and services are offered by Wachovia Bank, N.A. and its affiliates, and are subject to credit approval.

All leases are offered by First Union Commercial Corporation, a subsidiary of Wachovia Bank, National Association, and are assigned to an unaffiliated third party.

Wachovia Bank, N.A., Member FDIC.

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