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Why Lease?

In a dynamic business environment leasing gives you more flexibility, it helps you keep up with equipment technological advancements, and may even offer significant tax advantages.

The financial advantages:

  • 100% financing
  • Lower payments than other types of financing
  • Allows for more flexible cash budgeting
  • Off balance sheet financing conserves existing credit
  • Monthly payments are fixed and thus protected from inflation
  • Provides positive cash flow with sale/lease-back programs

Read more about the benefits of leasing »

Creative Leasing

By working with Progress Rail Leasing, you keep your options open for obtaining new technology, ensuring you're at the top of the curve for efficient, effective and economical equipment -- advanced equipment that will keep you ahead of the competition.

Lease options for any budget

Whatever the size of your company, Progress Rail Leasing offers custom financing programs that allow you to select the railroad equipment you want -- from tampers to spikers to tie cranes and more -- without compromising your financial stability.

Read more about the our creative leasing options »

Not sure why leasing is the best option available? Read the article "A Generation of Bias Against Leasing"

Michigan State University Railway Management Programs

Dennis Neilson and Bill Wick were invited to present on behalf of MSU's Railway Management Program to the Class I Railroads and AAR members at the Safety Read More »