Equipment Financing
Contact a WaFd Commercial Banker
Equipment Finance
Whether you need financing for equipment expansion or replacement, we're here to provide the resources and expertise needed.
We have a history of working closely with our clients to build long-term business relationships. We accomplish this by providing our partners with top-of-the-line banking products and services that cover every need. We even offer a special account for our client's employees.
Why consider leasing equipment?
- Allows you to reserve funds for other uses
- Utilize the most up-to-date technology
- Reduced down payment on equipment
- Improved expense planning and business cycle flexibility
- Customized rent payments to match cash flow or seasonal needs
- May provide favorable tax benefits (please consult with your professional tax advisor)
Whether you need off-balance-sheet financing, non-tax capital leases, or TRAC leases, we can help.
Equipment Loans
- On balance sheet financing
- Take advantage of depreciation including Section 179 (talk to your tax advisor)
- Terms up to 7 years
- Fixed interest rates available
CapEx Line of Credit
- Pre-approved line for equipment purchases throughout the year
- Interest only payments during purchase term
- Flexible term out options
Let's get started!
Get in touch with an experienced Commercial Banker in your area today.