Equipment Finance for
Smaller Businesses
PNC Equipment Finance has become a reliable leader in lease financing
by helping smaller business owners and finance managers appreciate
and reap the bottom line benefits of leasing equipment.
Leverage Equipment Leasing for Bottom Line Benefits
We have become a reliable leader in lease financing by helping
smaller business owners and finance managers appreciate and
reap the bottom line benefits of leasing equipment.
Leasing enables you to obtain the equipment and improvements needed to grow your business,
without tying up your working capital or valuable credit lines. Access to our knowledgeable
professionals builds confidence in your decisions and a competitive advantage for your company.
Our Financing Solutions
- What We Do
- Products and Programs
- Equipment Covered
We help PNC business banking customers understand the benefits to leases and loans with investments in business equipment. We consider the needs and goals of your company first and then help you determine which type of financing will be more beneficial. With our more than 30 years of experience, we provide customized leasing products matched to your revenue stream and need.
Why Lease?
According to the Equipment Leasing and Finance Association's most recent survey[1], companies of all sizes lease equipment and assets for three primary reasons:
- The ability to have the most modern equipment
- Consistency in budget planning and expenses (planned replacement cycles)
- Support in managing their company's planned growth
Here are just a few of the reasons that equipment leasing may be more beneficial than other types of financing:
- 100% financing available
- Typically, no business statements required for leases up to $75,000
- Customized payment schedules are available
- Soft up-front costs can be included in the monthly lease payment
- Your lease payments may be tax-deductible as a business expense (always consult your tax advisor as to any tax advantages that may be available with leasing)
