Cash Reimbursement 

Put cash back on your books at the end of the fiscal year while maintaining use of your assets. 

Cash Reimbursement

Cash Reimbursement

At the end of a fiscal quarter, and especially at the end of a fiscal year, utilizing a cash reimbursement with First American can help your organization:

  • Maintain Debt Ratings
  • Avoid Bank Covenant Violations
  • Improve Liquidity Ratios
  • Consolidate Capital Acquisitions Onto One Lease
  

How Does It Work?

In a cash reimbursement, also known as an equipment sale-and-leaseback, you sell your equipment to a lessor, and the lessor reimburses the firm 100% of the original purchase price of your equipment. You continue the use of your equipment and use the cash for:

  • Growth Initiatives
  • Strategic Projects
  • Debt Reduction
  • Strengthened Cash Position

In addition to equipment–software, services, and build-out expenses are also eligible for cash reimbursement.
 

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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. For California clients: Loans made or arranged pursuant to a California Finance Lenders Law license. All trademarks are the property of their respective owners. Additional terms apply and can be found by visiting faef.com/terms.

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