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South Dakota
Key Economic Indicators 
Item  Rate 
CPI: 0.0% (Jun 2017) 
GDP Growth:   1.2% (1stQTR 2017)
Prime Interest Rate:   4.25%
Consumer Confidence:  118.9% (Jun 2017) 
Small Biz Confidence:  103.6% (Jun 2017) 
Avg Gas Price:  $2.25 












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What Is Leasing

Leasing is a way for you to obtain use of the equipment you need for business without having to pay 100 percent of the cost upfront.  It also allow you to take a tax break on the cost of the item as though you bought it at full cost. See some reasons for leasing.


Lessor v. Lesee

Granting of the use of assets for a specified time and payment.  The entity that owns and is doing the lending is called the Lessor.  The entity doing the borrowing is called the Lessee

Leasing Period

Leases are usually for a period of 1-6 years.  IT usually involves a simple, one-pay application process. 

Leasing Cost

The amounts range from $2,000 to $35,000,000.  The payment terms will depend on the Lessee’s credit record.


Lease Financing

Most Lessor will lend even though you may have a poor credit history.  Some Leassor only service certain industry, while others service all.  See a list of leasing companies that also provide financing.


What Can You Lease

You can lease just about anything.  The list includes, cars, buses, vans, construction equipment, tools, factory machinery, appliances, furniture, etc.








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