Play #2: Cash Reimbursement

Make the Right Call to Manage Your Balance Sheet

As the market and your priorities shift, ensure you’re running the right play by evaluating your current debt positions and purchases made in the last 12-18 months. 

Depending on how you want to shape your balance sheet—with an improved cash position, maximized distributions, paid down debt or investments back into your business—consider a cash reimbursement through a Sale and Leaseback (SLB) with First American. 

How it Works

1. Send your invoices and purchase support to First American

2. First American audits your purchase support and financial information, then provides lease contract 

3. Upon acceptance, you receive 100% of the original purchase price of the equipment 

4. Fixed payments for your equipment begin 


Why SLB is your MVP

  • Improve your YE cash position

  • Consolidate capital acquisitions onto 1 lease

  • Manage bank covenants

  • Pay down high-rate debt

As you're closing out the books and preparing for a strong 2020, consider First American your first draft pick.

First American is a wholly owned subsidiary of City National Bank and part of RBC. We’re ranked among the largest equipment finance companies in the U.S. and provide capital financing to sophisticated commercial borrowers across the country. Whether your goal is to run your business more efficiently or grow into new markets, with First American, you will receive an unmatched package of services that are simple to use, customized to your needs, and delivered by passionate, top notch professionals.

  • Industry Expertise: Focused exclusively on your industry to better serve you.
  • Dedicated Support: You’ll work directly with a small group of specialists who are focused on your goals.
  • Leading Technology: We believe best-in-class technology leads to a best-in-class client experience.

 

Explore Other Financial Plays Here

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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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