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May Q&A: Available now
This month, the Making Sense team answers client questions related to trade policy developments and their impacts on key economic issues.
Whatever equipment you need, we can help. Our financing specialists can guide you every step of the way, from selecting equipment to securing financing—helping you preserve cash flow with predictable monthly payments.
You have equipment needs. We have solutions. Whether you're just starting out or growing your business, we can help you find the type of business equipment financing that works best for you.
Fair market value, or FMV, leasing lets you return equipment at the end of the term, while a $1 buyout gives you the option to own the equipment after the term ends.
An open-end lease combines the flexibility of ownership with the potential cash flow and the tax advantages of leasing.
We offer loan financing up to 100% for new and used equipment and vehicles. Typical terms are up to 5 years and can be structured to suit your needs.
Up to 100% financing is available for new or used vehicles and equipment, plus soft costs including sales tax. Typical terms range from 2 to 5 years. Flexible repayment schedules are available to meet cash flow needs, with terms structured to meet your tax or accounting needs.
Our equipment financing specialists are here to guide you from start to finish.
Apply for financing online in as little as 3 minutes.
Once you sign your documents electronically, we'll send your contracts in an online format.
Once you're approved, we'll prepare the closing documents and pay the vendor for your purchase.
Manage your accounts from anywhere
Send & transfer money with ACH and wires
Receive account and security alerts
Manage your accounts from anywhere
Send & transfer money with ACH and wires
Receive account and security alerts
To learn more about the business equipment financing services we offer, talk to a First Citizens representative at your local branch.
For most business owners, the top two benefits are the ability to maintain cash flow and secure 100% financing. The third benefit is that financing may be structured in a variety of ways to meet your tax and accounting needs.
Yes. A term loan or capital lease allows you to depreciate the cost of the equipment. One of our Equipment Finance & Leasing officers can review our business equipment financing options in detail with you and your accountant.
Section 179 is a type of tax-advantaged financing that lets you invest in equipment and then deduct a substantial portion of the cost as an expense in the year in which you purchased it. This can help you reduce taxable income for your equipment purchase. Certain conditions apply, so you should talk with your financial professional about qualified financing before making your next purchase.
Use our Section 179 calculator to determine the potential tax savings for your financed equipment.
The information provided should not be considered as tax or legal advice. Please consult with your tax advisor.
Not all applicants will qualify for financing. All finance programs and rates are subject to final approval by First-Citizens Bank & Trust Company and are subject to change at any time without notice.
Links to third-party websites may have a privacy policy different from First Citizens Bank and may provide less security than this website. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website.
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Please select the option that best matches your needs.
Customers with account-related questions who aren't enrolled in Digital Banking or who would prefer to talk with someone can call us directly.
This application is available through our digital financing experience. If originated, it'll be serviced digitally and not at a traditional First Citizens branch. Here's what you need to know.
Here's what you can expect when applying for financing.
If you have questions, call 866-777-0117.
To learn how we can help your business grow, contact our team today. Finance equipment up to $3 million.
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