Commercial Leasing Program

Equipment Leasing for Iowa Businesses & Farms

Leasing Business Equipment Keeps Cash Flow Flexible

When your business depends on the right equipment, waiting to buy or upgrade can slow down growth.

State Savings Bank offers a commercial leasing program to help Iowa businesses and farms get the equipment they need without a large upfront purchase. Leasing gives your business a practical way to add equipment while keeping working capital available for daily needs and future growth.

Because we’re an Iowa community bank, leasing starts with understanding your business. Our lenders take time to learn your goals, explain your options, and help structure a lease that fits.

Talk With a Commercial Lender Today!

Commercial Equipment Leasing With No Prepayment Penalties

Leasing through State Savings Bank comes with real advantages. Since we live and work here, we understand the needs of local businesses, farms, schools, and communities.

Unlike some traditional leasing companies, State Savings Bank does not charge lease termination fees or prepayment penalties if you need flexibility during the term of your lease.

Coordinating your banking and equipment financing with one local bank can also save time. You can work with a lender you already know and trust, instead of managing another outside finance company.

What Is Commercial Leasing?

Commercial leasing allows a business to use equipment, vehicles, or technology through lease financing instead of buying the asset outright.

Commercial leasing may be used for new or used equipment. It can also be structured around your business goals, cash flow, tax planning, and seasonal income needs.

Leasing Options Designed Around Your Business

State Savings Bank provides flexible leasing solutions for a wide range of Iowa businesses and agricultural operations.

Leasing options include:

100% financing available
No down payment required
New or used equipment
Fixed rates that do not change during the lease term
Variable payments for seasonal customers
Lease structures that may help meet tax objectives
Flexible payment options for qualified borrowers

Lease vs Finance: Which Is Right for Your Business?

Feature	Equipment Leasing	Equipment Financing (Loan)
Ownership	You use the equipment during the lease term and return it or purchase it if your lease allows.	You own the equipment once the loan is paid in full.
Upfront Costs	Often requires little or no down payment, helping preserve working capital.	May require a down payment and higher upfront costs.
Monthly Payments	Typically, lower monthly payments than financing the full purchase price.	Monthly payments are often higher because you're paying toward ownership.
Cash Flow	Helps keep cash available for payroll, inventory, operating expenses, and future growth.	Uses more working capital upfront but builds equity in the equipment over time.
Equipment Upgrades	Makes it easier to replace or upgrade equipment as technology or business needs change.	Upgrading usually requires selling, trading, or refinancing existing equipment.
Best For	Businesses that want flexibility, lower upfront costs, or equipment that may become outdated.	Businesses purchase equipment they expect to use for many years.
Tax Considerations	Some lease structures may provide tax advantages. Consult your tax advisor.	Owners may qualify for depreciation and other tax benefits, including Section 179. Consult your tax advisor.

Equipment Leasing for Agriculture

State Savings Bank offers leasing options for Iowa farmers and ag producers who need reliable equipment without draining working capital.

Agricultural equipment leasing may help finance:

Tractors
Combines
Harvesting equipment
Planters
Sprayers
Grain handling equipment
Livestock equipment
Farm trucks
Irrigation systems

For ag producers, State Savings Bank also offers an accordion feature in each lease. This feature allows producers to increase or decrease their payment during the lease term, depending on their need for a tax shelter.

Equipment Leasing for Iowa Businesses

From job sites and exam rooms to kitchens and shop floors, Iowa businesses rely on the right equipment to keep work moving. Commercial leasing can help you get that equipment while keeping more cash available for daily needs.

Commonly leased equipment includes:

Commercial vehicles
Construction equipment
Manufacturing equipment
Medical and laboratory equipment
Restaurant and hospitality equipment
Office technology and IT hardware

Commercial Leasing Servicing

Lease servicing is provided through our partnership with BB Community Leasing Services, Inc., Madison, Wisconsin.

Through this partnership, State Savings Bank can offer leasing support while still giving you the local service and relationship-based guidance you expect from a local Iowa bank.

Find the Leasing that Fits for Your Business

Our commercial lenders can help you compare leasing options, review payment structures, and decide whether commercial leasing is the right fit for your goals.

Contact State Savings Bank or stop by one of our locations today to speak with a commercial lender about equipment leasing for Iowa businesses and farms.