First South Bank  
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Leasing Options


Leasing Consultants

Leasing FAQs


First South Bank created our Leasing Department in 2001 to meet the growing demand for a community bank to offer leasing services. Leasing has become a popular financing option for businesses that need to acquire machinery or equipment without having to tie up cash or unnecessarily draw down an existing credit line. Our Leasing Programs are especially practical if your business uses equipment that becomes outdated before it’s paid off.

Our variety of terms usually makes it possible to match the length of your lease to the useful life of the equipment or technology. And, at the end of your lease term, you may choose to purchase your equipment or continue to lease at a discount.

Small Business Lease Benefits:

  • Little or no down payment
  • Lease options up to $500,000 available
  • Lease Line of Credit up to $50,000 available
  • 100% financing plus soft costs, such as tax, shipping, maintenance, and installation
  • Possible tax advantages
  • Terms available from 24-60 months with unlimited mileage options
  • Protect against equipment obsolescence
  • Fast, easy application process, quick turnaround on credit decisions, and simplified lease closing process

Items available to Lease:
  • Agricultural Equipment
  • Aircraft
  • Computer Equipment & Software
  • Construction
  • Forklifts
  • Industrial Equipment
  • Machine Tools
  • Manufacturing Equipment
  • Material Handling
  • Medical Equipment
  • Office Furniture
  • Photo Processing
  • Point of Sale
  • Printing
  • Restaurant Equipment
  • Telecommunications
  • Textile
  • Transportation

Click Here to View Types of Leases Available

First South Bank offers its lease products to small businesses and middle market companies in NC, SC, and VA.

For more information on Leasing Options, click here to send us your questions.
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