Step Program

With your new equipment ramping up, your revenues are set to grow.

Align Your Lease Payments. 


 


Your Challenge

Investing in a new product line or expanding your current capabilities to offer additional services can put a financial strain on your business. Purchasing the equipment necessary to generate revenue requires a significant capital investment. Even after the equipment is installed, it can take time to build up market awareness and demand – leaving revenue disproportionate to your equipment payment stream.
 

Our Solution

First American works with you to design a custom solution that fits your needs. We understand that there is often a revenue ramp-up period for new equipment. To help you manage cash flows, we can utilize a step lease structure where your payments build up over time.

 

  • Allows you to purchase the equipment you need, right now, and pay over time
  • Aligns payments with your revenue stream to grow with your business
  • Other options include deferred and skip payments

 

Considering a step lease for your project?

Contact us for a personalized consultation.

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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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