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Capital Leases

Get What You Need to Get the Job Done

With flexible, affordable equipment lease financing.

Competitive Rates
Fast Decisions
Friendly Service
Close-up of a tractor

Equipment Lease Financing 

  • Purchase your equipment using lease financing with Iowa State Bank
  • 100% financing available - no down payment required 
  • New or used equipment 
  • Variable payment terms for seasonal customers 
  • Fixed rate for the lease term
  • Most leases can be structured to meet tax objectives*
  • Offers commercial businesses and ag producers an accordion feature in each lease, allowing them to increase or decrease their payment during the lease term depending on need for tax shelter.
Factory welder

Commonly-Leased Equipment

  • Agriculture
  • Manufacturing
  • Restaurant & Hospitality
  • Commercial Vehicles
  • Medical & Laboratory
  • Construction
  • Municipal & Schools

Apply Today

Start by filling out a business financial statement below and returning it to the bank. You will be contacted once we receive your document to proceed to the next steps. 
FINANCIAL STATEMENT

Contact a Lender for More Information

photo of Troy  Harrison
Troy Harrison Vice President, Loan Officer NMLS ID: 2387135 (641) 472-3161 ext. 289 Send Troy a message
photo of Som  Sylavong
Som Sylavong Market Development Officer NMLS ID: 250587 641-472-3161 ext. 221 Send Som a message
photo of Taylor  Thompson
Taylor Thompson Vice President, Loan Officer 641-472-3161 ext. 237 Send Taylor a message

owners of Agri Industrial Plastics Company

“In 1978, when Dick Smith started Agri-Industrial Plastics, he had a passion for plastic blow molding, a hand typed business plan, and a dream to start an innovative company. Thanks to the support of Iowa State Bank and that first loan, his dream became a reality. And 45 years later, Iowa State Bank is still our trusted banking partner. Over our 45 years, ISB has supported our growth in Fairfield, always stepping up when we needed them. During COVID, they walked us through the PPP loan process, ensuring that we could continue to take care of our customers and our employees during an uncertain time. We consider ISB to be more than just our bank, they are truly a business partner in every sense of the word.”

-Lori Weaton, Agri-Industrial Plastics Company

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