Business Leasing
Finance up to 100% of the cost of equipment or commercial vehicle(s) while gaining tax benefits with a CapitalSouth Bank lease.
- Capital Lease - a generic lease product with a $1.00 buyout at the end of the term.
- First Ammendment - typically can be booked to the balance sheet as an asset and liability while payments are written off for tax purposes.
- True or Tax Lease - a form of leasing wherby the asset and liability is never reflected on the balance sheet and all payments are expensed through the income statement.
All leases are subject to normal credit approval procedures and credit standards.
For more information, Contact Us.