Considering leasing versus purchase? Agricredit can help you determine which solution
is right for you. While ownership has certain advantages, leasing is another
flexible tool that takes into account your tax situation and usually offers you
the lowest payment option.
A lease, in general terms, is a contract between the Lender (Lessor), who actually
owns the equipment, and the customer (lessee) who uses the equipment. At the end
of your contract, you can:
Agricredit has options such as Stated Purchase Option (SPO) leases and Fair
Market Value (FMV) leases. With an SPO, the equipment purchase option is agreed
upon at the time of lease signing. An SPO lease typically offers the customer
a lower payment than an installment contract. In the case of an FMV, the equipment
purchase option is based on current market values at the end of the lease.
A FMV lease typically offers the customer the lowest payment.
Leases are ideal for customers who:
When deciding between ownership or leasing, the right option for you depends on
your business, equipment needs, and budget requirements. Call Agricredit at 855-861-3288
for an in-depth discussion about which solution is better for you.
TIP: If it's equipment that will increase in value and can be acquired without impacting
your capital, consider buying
it. Most equipment needs are not so easily met, and that's where Agricredit’s
lease options can help.