Chase Equipment Financing

Chase Equipment Financing

Corporate

Corporations rely on the financial stability of their banking partners to help drive their business forward and achieve their organizational goals. Chase provides the knowledge and expertise to offer reliable equipment financing, while also offering the stability and market presence of one of the world's top financing institutions. With over 40 years of experience serving corporations nationwide, Chase's equipment finance experts have in-depth industry knowledge, specializing in aircraft, marine, rail and more.

Specialty Areas

Chase has expertise in numerous assets, including, but not limited to:

Aircraft – Chase can finance corporate aircraft, ranging from small to large, to thrust 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 single railcars or your entire locomotive fleet, working with Chase can put your business on the fast track to success.

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

Solution Description

True Lease

  • Also known as a “traditional lease”
  • Chase retains ownership
  • Client uses equipment in exchange for rental payments
  • Best for clients who 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 true 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 if Chase Equipment Finance can provide the right financial solution for you, please contact a Chase representative in your area.