Why lease with Hometown National Bank?

  • We know you and your business!
  • Coordinating all of your banking and leasing activity with us is convenient and saves time.

What are the advantages of leasing?

  • Up to 100% financing – no down payment required – allows you to preserve your working capital.
  • Competitive rates
  • Flexible terms

What are your leasing options?

  • Equipment, Municipal and Ag Facility leases.
  • Tax Lease vs. Capital Lease
    • Tax Lease – Provides you with equipment ownership and all depreciation benefits. In return your lease payments are fully deductible.
    • Capital Lease – Passes all ownership benefits to you including depreciation. Only the interest portion of your lease payment is deductible, along with your depreciation expense. This type typically has a $1.00 purchase option at expiration.

Get started by filling out an application today!