Leases are available for all types of agricultural buildings and a variety of light commercial businesses, such as mini-storages, repair shops, small office buildings.
Leases are primarily for haulers of agricultural commodities.
With a tax-oriented lease, the lessee deducts rental payments for capital assets used in the operation of the business. Under a capital lease, the leased asset is treated in the traditional tax manner - deducting interest and principal. The residual amount is agreed upon at the start of lease. For most leases, Telmark offers a true tax guarantee where the deductability of the lease payments are guaranteed in the event of an audit dispute.