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Lease or Purchase Equipment

The equipment you need, when you need it

Large businesses should consider equipment leasing when:

  • Exploring ways to increase productivity
  • Expanding capacity
  • Tapping into new technology
  • Replacing old equipment

Did You Know?

Lease payments are typically made on a monthly basis. However, repayment schedules can be customized on a quarterly, semiannual or even variable basis matched to your projected company cash flows.

We can also accommodate progress payments contractually owed to vendors while equipment is being shipped, installed and/or tested prior to its being put in service.

Because City National’s Equipment Financing company, First American Equipment Finance is a principal, our funding capabilities allow us to provide very competitive lease rates and structures.

Lease instead of buy when:

  • Your business continually relies on having the most up-to-date technology and you count on having the flexibility to upgrade to more current options when your lease expires.
  • Your business needs are likely to change, making certain equipment an unnecessary net liability.
  • Predictable monthly payments allow you stick to your budget and maintain cash resource liquidity.

Benefits of Equipment Leasing for Large Companies

  • Up to 100% financing
  • Fixed and floating interest rates
  • Repayment terms from three to seven years
  • Multiple end-of-term options
  • Possible tax advantages

Let's talk

Please call a First America Equipment Finance representative at (800) 801-3830 Monday through Friday, 5:00 a.m. - 5:00 p.m. (PT) to learn moreor visit http://faef.com.