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Leasing

You can lease just about anything. Leasing* may allow you to upgrade your business with new equipment without a large cash outlay.

Our leasing program offers:

  • 100% financing, including "soft costs" - warranties, installation, etc.
  • No down payment, protecting your cash flow
  • Flexible payment with monthly, quarterly or seasonal options
  • Possible tax advantages**
  • Quick credit decisions

We recommend that you consider lease financing when there is a good chance that the equipment will depreciate quickly or put a significant strain on cash flow. There are thousands of different equipment types that can be leased, including computer hardware and software, forklifts, office equipment and furniture, and medical and dental equipment.

Having your financing arranged before negotiating with a vendor may give you added bargaining power and possibly lower your monthly payment. Pre-approval does not obligate you to finance through the Leasing Program.

If you have any immediate leasing needs or questions, please contact our Customer Assistance Center.

*Loan products listed are available to qualified applicants who meet the Bank's current loan underwriting guidelines.

**Please consult your tax advisor.

 

 

Camden National Bank, 2 Elm Street, P.O. Box 310, Camden, Maine 04843, Member FDIC, Equal Housing Lender Equal Housing Lender -- © 2010 Camden National Corporation, All Rights Reserved.