 If you are looking to acquire equipment for your business, Bank of Blue Valley offers you options to fit your budget. We offer a simple application process, timely local decision making, plain language documentation and terms that are flexible and competitive to fit your budget. We fund and service our own accounts so you are dealing with your funding source. Equipment Loans We provide equipment loans with no specific down payment requirements. Your payments are fixed throughout the term of the loan and the payments can be structured to meet your cash flow requirements. Finance Leases This type of lease is for the customer who plans on keeping the equipment after the lease is completed. One of the benefits of this lease is the low initial up-front cost; usually only the first and last payments are due at closing. Typically, a purchase option ranging from $1 to 20% of the original cost is used. The monthly lease payment is reduced as the amount of the purchase option is increased. At the end of the lease, you would be required to extend the lease or purchase the equipment for the purchase option price. Fair Market Value Leases This type of lease is for the customer looking for greater flexibility at the end of the lease. Once the lease is completed, the customer would have the option of either (1) returning the equipment to Bank of Blue Valley, (2) renewing or extending the lease, or (3) purchasing the equipment for the equipment’s fair market value. Bank of Blue Valley can provide you the comfort of “capping” the purchase option when the lease is initially completed. Click here for a printable equipment financing application that you may fill out and mail or fax back to us. Tax-Exempt Municipal Leasing Bank of Blue Valley offers municipalities a cost-effective option to conserve cash and acquire equipment necessary for a government to function. This financing option gives municipalities the ability to use annual tax revenues to fund periodic payments for essential use equipment at lower, tax-exempt interest rates. The interest earned is exempt from federal and sometimes state income tax, much like a municipal bond. Any governmental entity that qualifies under Section 103 of the Internal Revenue Code of 1986, as amended, is eligible to use tax-exempt municipal leasing. Click here to apply for a municipal lease using an online application. Click here to calculate a municipal equipment financing lease. |
|
- Where do I enter my Password? |
|
- Take it for a test drive |
| - FAQ |
| - Enrollment Form |
|
- Passmark Enrollment Procedures |
| Member FDIC |
 |