• Business Banking
• Business Lending

Equipment Loans & Leasing

As your business grows, you may discover the need for new equipment. At Town and Country Bank and Peoples Prosperity Bank, we know that the right equipment makes all the difference. That's why we offer equipment loans and leasing options with flexible terms and competitive rates that meet your business' needs and give you an edge over your competition.

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What is an Equipment Loan?

Whether you need to replace outdated equipment or upgrade to newer technology, an equipment loan may be the right answer for you. We provide financing for a wide variety of areas, including agriculture, commercial, construction, manufacturing, laboratory, municipal, and school equipment. Instead of draining your savings or working capital, an equipment loan protects your working capital and keeps it available for daily operating expenses.

What are the benefits?

Equipment Leasing

The right equipment keeps your business thriving and competitive, but growing and maintaining your equipment inventory can be costly and drain your cash flow. Commercial equipment lease financing allows you to purchase the equipment you need, without depleting your working capital or savings on a down payment.

What is Business Lease Financing?

There are times when leasing your equipment may be a better choice than an outright purchase. A business equipment lease from Town and Country Bank and Peoples Prosperity Bank helps you get the equipment you need to succeed. We offer equipment leasing options for most businesses, including agriculture, commercial, construction, manufacturing, laboratories, municipals, and schools.

Benefits of Business Lease Financing

• 100% financing and no down payment required
• New or used equipment
• Variable payment terms available for seasonal customers
• Fixed-rate for the lease term
• Most leases can be structured to meet tax objectives (Consult your tax advisor to assess which lease best fits your business needs)

Why Choose Town and Country Bank and Peoples Prosperity Bank?

At Town and Country Bank and Peoples Prosperity Bank, our lenders are experienced in local decision-making and processing. Our lenders pride themselves on their detailed, attentive service from application to closing. Unlike traditional leasing companies, we never charge termination or prepayment penalties should you need flexibility during the term of your lease.

The Right Solution is Waiting

As your community bank, we understand the unique needs of businesses within our community. Town and Country Bank and Peoples Prosperity Bank serve and empower local communities in Central Illinois and Metro East, one person or business at a time. Our branch locations include Springfield, Jacksonville, Lincoln, Decatur, Bloomington, Edwardsville, Fairview Heights, and Quincy. Our associates are ready to connect you with a lender.