Why a Cash Reimbursement?
At the end of a fiscal quarter, and especially at the end of a fiscal year it can be helpful to utilize this tool to help your organization:
- Maintain days cash on hand
- Avoid bank covenant violations
- Improve liquidity rates
- Consolidate capital acquisitions onto one lease
How Does It Work?
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Send your receipts to
First American.
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Choose your repayment term
– 3 years, 4 years or 5 years.
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Receive 100% of the original
purchase price of the equipment.
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How Do I Get Started?
The financial disclosure requirements for a cash reimbursement transaction are generally the same as a traditional lease.
Schedule a meeting to discuss the details of your cash reimbursement personally.
Read how one healthcare provider used a Cash Reimbursement from First American to ensure they had cash on their books during uncertain times.