Year End Purchases

Year end is an excellent opportunity to take advantage of available vendor discounts and make needed investments in your organization. As you review your funding options, keep these helpful considerations in mind:

Maintain Covenants

Putting cash back on the books helps improve cash position, manage cash flow coverage, and preserve debt ratios.

Conserve Cash

By financing your purchase and making payments over time, you can avoid a large, up-front expense and preserve cash for distributions and other business initiatives.

Defer Payments

Acquire the equipment you need today while solidifying your practice’s year-end financial position by deferring payments until 2018.

Already made purchases this year?

Consider a cash reimbursement. Put cash back on your books and improve your organization's financial position before year end with a sale and leaseback transaction. You sell your equipment to a lessor, and the lessor reimburses your company 100% of the original purchase price of your equipment. Office equipment, technology, software, services, and build-out are all eligible for cash reimbursement.

Ready to learn more?

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.

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