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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.

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Fleet Vehicle Financing

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

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fleet vehicles

Prioritizing the health and performance of your fleet is essential to keep up with rising demand. Whether you need to replace a few vehicles or manage a larger fleet, staying up to date helps your business avoid costly repairs and downtime.

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

Customize the terms of your fleet financing to achieve your unique objectives, like tax and accounting benefits. 

By financing your commercial fleet vehicles, you can save money on ongoing maintenance costs and avoid costly repairs associated with older vehicles. Newer vehicles also have better fuel efficiency and are less likely to break down, which can help you reduce fuel and repair costs.

Instead of facing a significant cash outlay upfront, you can spread out the cost of your fleet expansion or upgrade and invest cash back into your business. 

Choose to continue leasing or return the vehicles at the end of the lease. You also have the option to purchase at a fixed cost with TRAC amounts as low as 20%.

fleet vehicle trucks

Top Reasons to Finance Fleet Vehicles

Customize the terms of your fleet financing to achieve your unique objectives, like tax and accounting benefits. 

By financing your commercial fleet vehicles, you can save money on ongoing maintenance costs and avoid costly repairs associated with older vehicles. Newer vehicles also have better fuel efficiency and are less likely to break down, which can help you reduce fuel and repair costs.

Instead of facing a significant cash outlay upfront, you can spread out the cost of your fleet expansion or upgrade and invest cash back into your business. 

Choose to continue leasing or return the vehicles at the end of the lease. You also have the option to purchase at a fixed cost with TRAC amounts as low as 20%.

Commonly Leased Commercial Vehicles

Recently Funded Fleet Vehicle Projects

60-month lease

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

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

hospital office health system

84-month lease

Logistics Company in NC | $1,250,000

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

modern business architecture at night

60-month lease

Trucking Company in ID | $3,500,000

Equipment loan helped business refresh their tractor fleet—helping with driver recruitment and retention.

ny food co packer

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.

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Interested in Learning More?

Tell us your business needs and we’ll share financing recommendations and insights to help support your goals.