Leasing
Offer your commercial customers a leasing alternative that helps secure your relationship while earning income for your bank. Create an earning asset by funding the lease or, subject to credit approval, have BBOK fund it for you.
Leasing encourages growth and strengthens productivity, allowing capital equipment to pay for itself as it is used. It enables customers to preserve liquidity by keeping working capital for current needs and provides a fixed payment reserve for equipment usage.
Typical terms are similar to bank term loans and potentially offer tax advantages.
For your municipal customers, we offer full documentation services for your lease funding and can assist in responding to requests for proposals when needed. Support and assist your local units of government in delivering their essential services with a nice earning asset for your bank.