Corporate Equipment Financing

Chase has the expertise required to provide reliable equipment financing, while also offering the stability and market presence of one of the world's top financing institutions. With more than 40 years of experience serving corporations nationwide, Chase's equipment finance experts can draw on in-depth industry knowledge, specializing in aircraft, marine, rail and more.

 

Specialty Areas

  • Aircraft: Chase can finance corporate aircrafts, ranging from small to large, to move your business forward.
  • Marine: From tugboats to submarines, Chase can help fund your fleet and find the best solution to fit your business needs.
  • Rail: Whether it's a single railcar or your entire locomotive fleet, Chase can finance the equipment necessary to help your business succeed.
  • Trucking: From local fleets to national trucking companies, Chase's financing options for light- to heavy-duty trucks and trailers can drive your operation further.
  • Information technology: Chase can finance computers, routers, servers and other IT equipment to help you stay ahead of industry trends.
 

Solutions for Corporations

Solution Description
Tax lease
  • Also known as a "traditional lease"
  • Chase retains ownership
  • Client uses equipment in exchange for rental payments
  • Best for clients that cannot use depreciation benefits, seek to transfer the risk of equipment obsolescence or only need equipment for a specified period of time
  • Client can renew the lease, purchase the equipment or return the equipment at lease end
Terminal rental adjustment clause (TRAC) lease
  • Structured as a tax lease
  • Designed to finance licensed, titled motor vehicles used for client's business (such as over-the-road tractors, trailers, trucks and buses)
  • Client guarantees all or a portion of the TRAC amount, which is agreed upon at lease inception
Synthetic lease
  • Structured as an operating lease for accounting purposes and a loan for tax purposes
  • Provides 100% financing that may be fixed or floating rate
  • Ideal for high-value, long-life equipment
Conditional sales agreement/ equipment loan
  • Similar to bank term loan
  • Client owns the equipment; Chase takes a security interest

To learn more about Chase Equipment Finance,
please contact us or call your Commercial Banker.