Play #2: Cash Reimbursement

Make the Right Call to Manage Your Balance Sheet

As the market and your priorities shift, ensure you’re running the right play by evaluating your current debt positions and purchases made in the last 12-18 months. 

Depending on how you want to shape your balance sheet, you can improve your cash position, pay down debt or invest back into your organization with a cash reimbursement through First American. 

How it works

1. Send your invoices and purchase support to First American

2. First American audits your purchase support and financial information, then provides lease contract 

3. Upon acceptance, you receive 100% of the original purchase price of the equipment 

4. Fixed payments for your equipment begin 

    
   

Why SLB is your MVP:

 
  • Improve your YE cash position

  • Consolidate capital acquisitions onto 1 lease

  • Manage bank covenants

  • Pay down high-rate debt

As you're closing out the books and preparing for a strong 2020, consider First American your first draft pick.

First American is a wholly owned subsidiary of City National Bank and part of RBC. We’re ranked among the largest equipment finance companies in the U.S. and provide capital financing to organizations across the country. Whether your goal is to run your organization more efficiently or expand services, with First American, you will receive an unmatched package of services that are simple to use, customized to your needs, and delivered by passionate, top notch professionals.

  • Industry Expertise: Focused exclusively on the nonprofit industry to better serve you.
  • Dedicated Support: You’ll work directly with a small group of nonprofit specialists who are focused on your goals.
  • Leading Technology: We believe best-in-class technology leads to a best-in-class client experience.

 

Explore Other Financial Plays Here

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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. “First American Equipment Finance” is the trade name for certain equipment leasing and finance businesses of First American Commercial Bancorp, Inc. and its subsidiaries. Equipment financing transactions are provided in Canada by FA Equipment Finance, Inc. For California clients: Loans made or arranged pursuant to a California Finance Lenders Law license. All transactions are subject to credit approval. Some restrictions may apply. All trademarks are the property of their respective owners.

© 2021 First American Equipment Finance. All rights reserved.

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