Financial Results
At First American, we provide high quality equipment leasing and financing services to stable, sophisticated corporate borrowers and nonprofit entities. Our growth and success translate to enhanced resources that help us better serve our valued clients.
FAEF U.S. Lease Portfolio
-
First American Equipment Finance is one of the top finance/leasing companies (out of more than 4,200) in the United States, as ranked by both new business volume and by net assets.1
-
We grow our business organically – earning each new client individually, and working tirelessly to also earn their long-term loyalty.
-
This growth allows us to invest in powerful tools that make it highly convenient to work with us.
-
We complement our convenient technology tools with highly personalized client service. Indeed, we provide service for 100% of the leases we originate with a high-level, dedicated Project Manager who knows the client's business, history, and unique financing needs.
-
Our disciplined lending approach has led to continued strong portfolio performance, as well as credit losses far below the industry averages.2
-
Beyond that, we are a subsidiary of City National Bank. In 2015, City National was acquired by RBC, one of the 25 largest banks in the world. This structure allows us to offer competitive lease and finance solutions, while delivering unique value to our clients through industry specialization, knowledgeable teams, and leading-edge digital tools.
At First American Equipment Finance, we are proud to be a successful and growing organization, focused solely on serving our clients' unique finance needs. We have learned that clients' evolving buying preferences favor our technology-friendly model, paired with truly excellent, customized service.
1 Monitor ranking.
2 As reported in the Equipment Leasing and Finance Association Monthly Leasing and Finance Index (MLFI-25).
3 First American Equipment Finance is a subsidiary of City National Bank. Bank products and services are provided by City National Bank, Member FDIC.