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Leasing & Financing

Whether you are a business executive looking to invest in new equipment or a vendor seeking financing options for your clients, you can leverage flexible financing through First American.

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Case Studies

See firsthand how organizations have achieved their goals with customized financing from First American.

Hear From Our Clients

Manufacturing | Warehouse Equipment

Low Monthly Payments Enable Canadian Manufacturer to Ramp Up U.S. Operations

Fast Facts

Industry

Manufacturing

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Organization

Packaging and Container Manufacturer, Ontario, Canada

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Equipment Financed

$2,500,000 in manufacturing equipment, including molding and welding equipment, racking, and forklifts

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Equipment Financed

$2,500,000 in manufacturing equipment, including molding and welding equipment, racking, and forklifts

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Financing Structure

5-year, fixed purchase sale leaseback

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New U.S. Operation Needs Liquidity to Get Up to Speed

An Ontario, Canada-based packaging and container manufacturer recently acquired their first facility in the U.S. and needed liquidity to support the growth of their U.S. operation. The client identified $2M in reimbursement-eligible equipment purchases and wanted to monetize those purchases to invest in additional revenue-generating production equipment for the new facility.

In Canada, the client worked with RBC Commercial Banking to utilize equipment leasing as part of their growth strategy, and wanted to find a way to replicate that success on the other side of the border.

The client identified $2M in reimbursement-eligible purchases that could be monetized to invest in additional revenue-generating production equipment.

The custom structure gave the client time to ramp up their new, revenue-generating equipment and produce the cash flow necessary to pay for it.

Low Monthly Payments and Cash Flow Flexibility

As an equipment finance provider for RBC, First American was able to support the client with their U.S. financing needs through the client’s existing connection with an RBC Relationship Manager.

 

First American presented the client with a 60-month fixed purchase sale leaseback option that allowed for low monthly payments throughout the lease term. This structure gave the client time to ramp up their new, revenue-generating equipment and produce the cash flow necessary to pay for it. The end-of-term options gave the client flexibility to evaluate their needs when the term ended and decide between making a balloon payment or continuing with low monthly payments.

New U.S. Operation Needs Liquidity to Get Up to Speed

An Ontario, Canada-based packaging and container manufacturer recently acquired their first facility in the U.S. and needed liquidity to support the growth of their U.S. operation. The client identified $2M in reimbursement-eligible equipment purchases and wanted to monetize those purchases to invest in additional revenue-generating production equipment for the new facility.

In Canada, the client worked with RBC Commercial Banking to utilize equipment leasing as part of their growth strategy, and wanted to find a way to replicate that success on the other side of the border.

Low Monthly Payments and Cash Flow Flexibility

As an equipment finance provider for RBC, First American was able to support the client with their U.S. financing needs through the client’s existing connection with an RBC Relationship Manager.

First American presented the client with a 60-month fixed purchase sale leaseback option that allowed for low monthly payments throughout the lease term. This structure gave the client time to ramp up their new, revenue-generating equipment and produce the cash flow necessary to pay for it. The end-of-term options gave the client flexibility to evaluate their needs when the term ended and decide between making a balloon payment or continuing with low monthly payments.

“It's great to have a relationship with someone that understands our business, our markets, our offices, and the industry, that can walk alongside us as we continue to grow. I'm so thankful that First American is there with us on our journey.”

–– Taylor Hawes, CFO, Pacific Dental Services

 

The results

Successful Cross-Border Expansion Increases Client’s Production Capacity

The results

Successful Cross-Border Expansion Increases Client's Production Capacity

$2,000,000

re-invested in manufacturing equipment

First American’s solution gave the client $2M to re-invest in equipment for their U.S. location.

98%

on-time delivery rate

The company now boasts more than 300,000 square feet of manufacturing and inventory space, allowing them to achieve an impressive 98% on-time delivery rate.

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Financing for What's Next

What could you do with more funding?

From capital projects to equipment purchases, learn how First American can help fund your organization's needs.