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First American understands that your business has unique equipment and leasing needs. We can create a lease solution that is tailored to your equipment requirements, meets your terms, and suits your budget. Our top tax, accounting, legal, and asset management professionals will partner with you to structure a lease to match the useful life of your equipment, manage cash flow, and take advantage of certain tax and accounting benefits.
Leasing allows you to finance equipment and services from multiple suppliers in one efficient transaction. Leases also provide flexibility at the end of the lease term, and allow you to easily make upgrades, additions, and modifications to the leased equipment, or simply return it.
First American can even facilitate upgrade programs to keep your business on the leading edge of technology. Leasing is the ideal way to protect against technology obsolescence.
Leasing allows you to lock in your rate (eliminating the risk of rising market rates) and provides an equitable means to match the equipment expenses to the useful life of the equipment. A lease line can be established that is separate from your company’s cash management facilities, and has little or no impact on the balance sheet or existing debt covenants. Large projects involving multiple suppliers and long installation periods can be easily combined into a single transaction by First American.
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