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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

Private Aviation | 2003 Dassault Falcon 2000EX

Twice as Nice: Acquiring a Private Aircraft, Along with Tax Benefits

Fast Facts

Industry

Private Aviation

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Organization

Ultra high-net-worth individual

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Client Since

2020

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Equipment Financed

$9,760,000 2003 Dassault Falcon 2000EX

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Financing Structure

5-year term aircraft loan with a 10-year amortization

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Industry Specific Fact

The special depreciation allowance for certain aircraft purchased in 2025 is 60%.*

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Industry

Private Aviation

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Organization

Ultra high-net-worth individual

Building Icon

Equipment Financed

$9,760,000 2003 Dassault Falcon 2000EX

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Searching the Skies for the Right Plane (and the Right Financing Plan)

In October 2020, a City National Bank Relationship Manager introduced his client—a high-net-worth individual who owned an entertainment company—to First American, as the client was interested in financing production trailer equipment to support his business. With a deep level of knowledge and experience within the entertainment industry, First American provided the client with a custom financing solution for $800,000 worth of equipment. 

A few years later, the client sold their booming entertainment company and, following this significant liquidity event, sought to purchase a private plane to enjoy its many benefits, including a tax write-off. Knowing their vast experience with aircraft financing, the client turned to City National® and First American. 

The client wanted to purchase a private plane to enjoy its many benefits, including a tax write-off.

Financing this investment provided the client many advantages, including tax benefits and a streamlined process from start to finish.

Streamlined Financing Solution Creates a Tax Benefit Tailwind

Because of the client’s positive experience financing production equipment years earlier, they trusted that First American would deliver again, and worked with them to purchase a 2003 Dassault Falcon 2000EX using a 5-year aircraft loan. Financing this investment provided many advantages for the client, including tax benefits**, a streamlined process from start to finish, and a dedicated First American team available to answer questions along the way.

Searching the Skies for the Right Plane (and the Right Financing Plan)

In October 2020, a City National Bank Relationship Manager introduced his client—a high-net-worth individual who owned an entertainment company—to First American, as the client was interested in financing production trailer equipment to support his business. With a deep level of knowledge and experience within the entertainment industry, First American provided the client with a custom financing solution for $800,000 worth of equipment. 

A few years later, the client sold their booming entertainment company and, following this significant liquidity event, sought to purchase a private plane to enjoy its many benefits, including a tax write-off. Knowing their vast experience with aircraft financing, the client turned to City National® and First American. 

Streamlined Financing Solution Creates a Tax Benefit Tailwind

Because of the client’s positive experience financing production equipment years earlier, they trusted that First American would deliver again, and worked with them to purchase a 2003 Dassault Falcon 2000EX using a 5-year aircraft loan. Financing this investment provided many advantages for the client, including tax benefits**, a streamlined process from start to finish, and a dedicated First American team available to answer questions along the way. 

The Results

Successful Connections Lead to Continued Success

The Results

Successful Connections Lead to Continued Success

$2,000,000

additional lease line for the client's other entities

The successful relationship between the client, First American, and City National® has continued to grow over the past few years. The bank primarily provides real estate loans and personal lines of credit, while First American helps with equipment finance needs—like a $2MM lease line for the client’s other operating entities.

By forging connections and delivering exceptional service, First American and City National® have become trusted resources for the client, providing financial solutions that meet both their personal and business needs.

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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.

*Source: IRS, Publication 946 (2024), How To Depreciate Property

Additional requirements apply. This is not intended to be used as tax, legal, or accounting advice. Consult with a tax, legal, or accounting professional for guidance.

 

**In 2022, purchasers of private aircraft could take advantage of 100% bonus depreciations and write off the entire cost of an airplane in a single year.

**In 2022, purchasers of private aircraft could take advantage of 100% bonus depreciations and write off the entire cost of an airplane in a single year.