Bank of Clarke has launched an equipment financing platform to help businesses grow.
The program, called Clarke Leasing, provides up to 100% financing for new and used equipment, including delivery and installation costs, according to a release today by the Virginia-based bank. Businesses can finance a range of equipment types, including manufacturing, industrial, energy systems, material handling, medical, transportation and construction.
The financing program is intended to help businesses manage cash flow, control costs and reduce the risks associated with equipment ownership and technological obsolescence, making it easier to upgrade assets as operational needs change.
Bank of Clarke has roughly $1.8 billion in assets, and its holding company is Eagle Financial Services.
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