PRO (Purchase Renewal Option) Lease

Looking for a cost-effective way to finance equipment? Talk to a banker about our 10% Pro Lease.

Improve your monthly cash flow — with our PRO Lease.

If you want to keep equipment financing costs as low as possible, a PRO Lease can help you do it. This fixed-rate, fixed-term lease typically provides:

  • 100% financing, often including sales tax, shipping, and installation
  • A fixed interest rate and monthly payment
  • Flexible payment options — monthly or quarterly
  • A stated residual value is agreed upon at lease inception
  • Bank of the West is the owner of the equipment and receives the associated depreciation expense
  • Payments on this tax-oriented lease are typically lower than a traditional loan product as a result of the residual amount and the depreciation generated by ownership of the equipment
  • Ownership of the equipment at the end of the lease for the greater of the stated residual value or its then-Fair Market Value
  • if you elect not to purchase the equipment, your lease will extend for an additional year, typically with a reduced monthly payment.


  • Since the bank is the owner of the equipment and entitled to a depreciation deduction for the equipment, you get a lower payment and interest rate as a result of the transfer of tax benefits.*
Sales tax, fees, conditions and restrictions may apply. Leases subject to credit approval.

*Consult your tax advisor for information on possible tax consequences or benefits.

Compare equipment leases.  

Talk to a Business Banker

Find out which equipment lease is right for your business.

Find a branch:


Talk to a Business Banker

  • 1-800-488-2265
    TTY 800-659-5495
  • Find a branch
Everyday spending just got more rewarding