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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.

Case Studies

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

Fleet Vehicle Financing

Help drive efficiency and meet demand with financing from First American.

fleet vehicles

Prioritizing the health and performance of your fleet is essential for operational efficiency and helps to safeguard against costly repairs and disruptions. Whether replacing a few older vehicles or expanding with several, financing can provide a cost-effective way to keep your fleet moving forward.

When evaluating your funding options for fleet vehicles, consider how First American’s custom financing solutions, like a TRAC (Terminal Rental Adjustment Clause) lease, can help spread costs out over time instead of draining your capital upfront. Leveraging smart financing to regularly update your fleet can help you save money and enhance the overall efficiency of your operations. 

Top Reasons to Finance Fleet Vehicles

Minimize the expenses and risks associated with older vehicles by keeping your fleet up to date.

Tailor your financing to meet your unique needs and objectives, like tax and accounting benefits.

Replace a significant outlay of cash upfront by spreading the costs over a longer time with fixed monthly payments.

At the end of your lease, you can continue renting, return, or purchase the vehicles at a fixed cost, with TRAC amounts as low as 20%.

All transactions are subject to credit approval. Eligibility for a particular service is subject to final determination by First American. Some restrictions may apply.

fleet vehicle trucks

Top Reasons to Finance Fleet Vehicles

Minimize the expenses and risks associated with older vehicles by keeping your fleet up to date.

Tailor your financing to meet your unique needs and objectives, like tax and accounting benefits.

Replace a significant outlay of cash upfront by spreading the costs over a longer time with fixed monthly payments.

At the end of your lease, you can continue renting, return, or purchase the vehicles at a fixed cost, with TRAC amounts as low as 20%.

All transactions are subject to credit approval. Eligibility for a particular service is subject to final determination by First American. Some restrictions may apply.

Commonly Leased Commercial Vehicles

Recently Funded Fleet Vehicle Projects

60-month lease

Building Materials Supply Company in WA | $10,000,000

An equipment lease line created simplicity for various fleet needs, including over-the-road and forklift assets used throughout the business.

Trucks and forklifts lined up in construction company with industrial warehouse behind.

84-month lease

Logistics Company in NC | $1,250,000

A TRAC lease provided competitive pricing and allowed for a beneficial accounting treatment the client was seeking. 

White fleet trucks in a row

60-month lease

Trucking Company in ID | $3,500,000

An equipment loan helped the business refresh their tractor fleet, which aided driver recruitment and retention.

Close-up of 2 fleet tractor trailer trucks

Commercial Fleet Financing on Your Terms

3-7 year term lengths

TRAC amounts as low as 20%

Split TRAC options available

Rate locks

Balloon payments

All transactions are subject to credit approval. Eligibility for a particular service is subject to final determination by First American. Some restrictions may apply.

A Simpler Financing Process

Streamline your lease management and free up time to focus on your core business initiatives by leveraging our digital tools.

Man smiling on laptop

 

 

Ready to learn more?

Connect with a financing expert in your industry.