FMV Leasing

Why FMV?

In today’s rapidly evolving business environment, the only way to stay on the cutting edge is by acquiring new technologies. A Fair Market Value (FMV) Lease from First American gives you low monthly payments and a range of options to keep your organization up-to-date with the equipment you need. 
 

Spend Less

Rent the equipment you need for less than today's cash purchase price.

Equipment Cost: $500,000

$531,144 Loan (Ownership)
$461,124* Rental (Use)

$70,020

Total savings with rental solution
after 36 months

*Example pricing provided for general information purposes only.

Gain Predictability

Replace the budget spikes of cash-based purchasing with fixed, predictable payments.

Stay Ahead

Avoid obsolescence and reduce ongoing maintenance by using a refresh program.

Why First American?

A program designed to do the heavy lifting for you, facilitated by your dedicated Project Manager:



 
  • Project Management Hub

    Track your leases & equipment 24x7: this online portal allows you to easily customize invoicing or reporting by location, cost center, etc.

  • Precise Tracking

    First American can provide asset tags to easily identify, track and return your leased assets.

  • Clean Walk Away

    Clear and honest contract terms allow you to return equipment at lease expiration with no further obligations or restocking fees.

  • Hassle-free Returns

    Equipment does not need to be returned in its original packaging. With available cherry-picking, select the equipment you want to keep or return.

From pack and ship logistics to data sanitization and eco-friendly disposal, explore our smart return features:


 

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First American Commercial Bancorp, Inc. is a wholly-owned subsidiary of City National Bank. Deposit products and services are offered by City National Bank Member FDIC. City National Bank is a subsidiary of Royal Bank of Canada. For California clients: Loans made or arranged pursuant to a California Finance Lenders Law license. All trademarks are the property of their respective owners. Additional terms apply and can be found by visiting faef.com/terms.

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