SunTrust

SunTrust Bank

Phone: 1-800.SUNTRUST,877.752.2797,800.786.8787
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Equipment Leasing

Description
One of the biggest challenges for small businesses is acquiring the equipment necessary to run their operation—without breaking the bank. Whether you're in the market for a new moving van or an MRI machine, SunTrust's equipment lease financing provides a cost-effective way to meet your company's needs.

Equipment leasing offers many advantages over outright purchases. SunTrust provides 100 percent financing on equipment leases. That allows you to preserve your working capital for other uses. Leasing also spares you the costs and headaches of maintaining—and eventually disposing of—older equipment. And it protects you from the risk that new technologies will render your equipment obsolete before you pay it off.

SunTrust provides lease financing for nearly every type of business equipment, including:

Cars, trucks and vans
Computers and other technology
Construction equipment and heavy machinery
Industrial machines and tools
Medical equipment
Office equipment, furniture and fixtures

To give your business maximum flexibility, we offer a wide variety of payment options and contract lengths, plus competitive pricing that can be fixed for the full lease term. A SunTrust small business financing specialist can help you determine whether an equipment lease or an outright purchase makes the most sense for you. If leasing is your best option, we'll provide a quick turnaround on your financing application and personal attention all through the process.
Benefit

Financing from $250,000 to more than $50 million
Competitive rates that reflect our strong credit rating
Minimal or no closing costs
Rights to ownership at lease end without buyout, balloon payment or residual obligations
Options to simplify funding and documentation for multiple acquisitions through master leases and lines of credit

Equipment purchases require large down payments. With SunTrust’s 100 percent lease financing, you pay minimal or no closing costs.
Leasing gives you predictable, fixed monthly payments. Also, the length of our leases can be set to the useful life of the equipment.
In many instances you can deduct your leasing expenses. Consult your tax professional for details.
Equipment warranties are on par with ownership.

Conditions
Leases are subject to normal credit criteria.
Supporting Documents
To talk with a SunTrust small business expert call 866.624.3084.
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