Agricultural Leasing

What is Leasing?

Leasing is a modern method of acquiring new equipment, machinery or farm buildings with no capital investment by the user. Essentially, a lease is a written contract between the owner of the property (equipment, machinery or farm buildings) and the actual physical user, which guarantees use of the equipment or machinery for a specific time period at a fixed cost.

Leasing is currently the single largest source of funds used to acquire new equipment, with a reported eighty percent of all American companies using some form of leasing to acquire their capital equipment. Economic trends have made leasing an integral part of the budgeting process, with more businesses placing a higher value on the retention of working capital than ownership of capital assets.

At Citizens State Bank, we understand that the purchasing requirements and individual resources of our agricultural customers are each different. Through financial loan assistance, guaranteed loan programs and agricultural leasing options, we will work with you to ensure that the right solution is available for your growing business.

For more information on agricultural leasing and the benefits that it can provide to your agricultural business, Contact Us today or contact us at 815-889-4131 for immediate and friendly assistance.