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Specialized Leasing Options - Insurance
First American understands the unique complexities of insurance companies and the need to deliver information in an environment of constantly changing regulations and customer expectations.  First American provides financial and asset management services to assist your company in acquiring the technology necessary to stay competitive. 
 
Comply With Regulations and Expand Your Options
Whether complying with Statutory or GAAP reporting, First American can provide off-balance sheet financing of assets that enables your company to preserve cash.  By leasing non-admitted (or admitted) assets through First American's leasing programs, your firm can strengthen its A.M. Best ratings and meet regulatory requirements.
 
Leasing provides greater flexibility than traditional financing, and allows you to easily make upgrades, additions, and modifications to leased equipment.  Leasing is the ideal way to maintain a strong balance sheet and cash flow while utilizing the latest technology.

Why Leasing is Often Your Best Choice
Leasing enables you to lock in your rate, eliminating the risk of rising market rates.  A lease line can be established that is separate from your cash management facilities, and has little or no impact on your 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. 
No Fees

First American provides straightforward, efficient leasing solutions.  With timely rental payments, you’ll never pay fees again.  No exceptions.

  • No application fees
  • No documentation fees
  • No UCC filing fees
  • No origination fees
  • No restocking fees
  • No multiple location fees
  • No legal review fees
  • No credit underwriting fees

Contact your Commercial Account Officer to learn about other ways First American can help you spend less time obtaining financing, and more time running your business.

 
Convenience

We understand how busy you are, so we have streamlined the paperwork process.  In the 1990s, First American pioneered the Simplified Paperwork Package™ and Rapid Turnaround Process™.  Today, we continue to lead the industry with the development of electronic lease documentation and billing, and online asset management resources to give you 24 x 7 access to important account information through our Customer Connect™ Web link.  If there is a way to make things easier for you, First American will do it.

 

Types of Assets Financed:

Computer hardware and software
LAN/WAN hardware and software
Network security systems
Telecommunications equipment
Policy management software
Customer relationship management software
Document imaging and archival systems

More…

 

Hear From Our Customers

"Working with First American has been a great experience.  Our Commercial Account Officer and Transaction Manager are very professional and are great representatives of First American Equipment Finance.  Our transaction manager has done a superb job working with our vendors.  This was a big concern for us going into a leasing arrangement because we have a great payment history with our vendors which generates good discounts for us.  First American's customer service and prompt payment has kept these relationships strong.  Our vendor commented that First American is the best leasing company they have worked with."

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AM Best A+ Related Company
Located in the Midwest
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Member, Equipment Leasing and Finance Association, United Association of Equipment Leasing,
and American Bankers Association.