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Lending & Leasing

Commercial Leasing Services

With Old National as your partner, you dont need to be an expert.

Our knowledgeable and experienced specialists will help you select the proper lease plan and lease-end option to improve your cash flow and boost your bottom line.

  • Enjoy flexible lease options – Choose from a variety of affordable options, including:
    • Fair market value lease: Lease equipment over time, expense the payment and purchase the equipment at the end of the term.
    • Operating lease: Lease equipment with a purchase option and keep the transaction off your balance sheet.
    • Finance lease: This operates much like a loan, and is repaid over the useful life of the equipment. At the end of the lease term, you own the equipment.
  • 100% fixed-rate financing – Fixed rates let you protect your budget and accurately manage cash.
  • Tax benefits – Expensing lease payments may provide tax relief. Please consult your tax advisor.
  • Reduced installation and delivery costs – Include these as part of your lease and pay them over time.
  • Increased operating capital – Keep your lines of credit open and avoid tying up valuable cash in equity.
  • Customized payment plans – We’ll partner with you to create a payment plan that fits your needs.

Commercial lease examples:

  • Manufacturing (for presses, injection molding machines)
  • Transportation (for semi-tractors, trailers)
  • Medical (for x-ray and MRI machines)
  • Mining (for bulldozers)
  • Agriculture (for farming equipment)

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