Equipment Financing Agreement
A financing structure for businesses that intend to own their equipment, with payments over an agreed term. The agreement sets out the payment obligations and ownership arrangements.
FINANCING SOLUTIONS
Flexible Solutions.
Smart Growth.
We provide the financing your business needs to acquire the equipment you need to keep going.
01 / EQUIPMENT OWNERSHIP
Make it part
of your business.
When your plan is to own the equipment, start with a financing structure that supports that goal.
Financing & Security Agreement
A secured loan structure in which the equipment serves as collateral. The lender maintains a security interest until the obligations under the agreement are satisfied.
02 / EQUIPMENT LEASING
Consider the term.
And what comes next.
How long you plan to use the equipment and what you want to do at lease-end help shape the conversation.
Fair market value lease
A lease incorporating an expected residual value. Depending on the agreement, end-of-term options may include purchasing at fair market value, extending the lease or returning the equipment.
Lease with a purchase option
Discuss a structure designed around equipment ownership at the end of the term, including the purchase option and other terms set out in the agreement.
03 / COMMERCIAL VEHICLES
Financing for
the road ahead.
Explore a TRAC lease for eligible commercial vehicles and transportation equipment.
TRAC lease
A Terminal Rental Adjustment Clause lease includes a final rental adjustment tied to the vehicle’s disposition proceeds or value, as specified in the agreement.
Your conversation with our team will cover the payment structure, residual assumptions and end-of-term obligations.
MAKE THE FIRST CONVERSATION COUNT
Bring your plans.
We’ll work through the details.
- The equipment you’re considering and its expected cost
- How the equipment will be used in your business
- Your purchase timeline and ownership plans
- Any existing equipment financing you’d like to discuss
Descriptions are general. Product availability, payment terms, ownership arrangements and end-of-term obligations depend on the transaction and executed documentation.
LET’S TALK EQUIPMENT
Your next move.
Our starting point.
A new machine. A growing fleet. A different way forward. Tell us what you have in mind.