First Trust is proud to be the leading ag bank in our area. Farming provides a desirable way of life that we can enjoy, but must also be treated as a sophisticated business. We take pride in continuing to provide our ag customers with local decision-making and high quality service and products.
Our experienced ag lenders would be glad to visit with you to discuss all of your ag financial needs. Stop in or give us a call at 815-432-2494 or 815-694-2329 and we will make arrangements to come and see you.
Business is challenging. Financial decision-makers need flexibility, convenience, and control - all valuable characteristics of leasing. If your farm, business or agri-business is in need of machinery, equipment, buildings, or grain storage, leasing from The First Trust and Savings Bank could be the answer to your needs without significant capital expense.
Business leasing services are available for a variety of needs. There are many reasons why leasing is a great financing option.
Standard Lease Factors
Schedule for Residual of 10.00%
1 Rate subject to approval
Schedule for Residual of 20.00%
1 Rates subject to approval
Select the desired residual value, term and payment frequency. Multiply that factor by the selling price to determine the lease payment. Monthly payments require the first and last two payments in advance. Quarterly, semi-annual, and annual payment plans require one payment in advance. Leases are subject to credit approval. Lease factors are subject to change.
For more information on leasing, please contact the Loan Department at The First Trust and Savings Bank: