Equipment Finance Fifth Third Bank

Equipment finance

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Choose from traditional or non-traditional equipment financing.

Our capital equipment lease solutions feature:

  • Fixed rates and payments
  • Longer, more flexible terms
  • Competitive interest rates
  • 100% financing

Our equipment financing solutions can help:

  • Reduce costs
  • Transfer depreciation expense
  • Preserve capital
  • Simplify accounting
  • Improve cash flow and liquidity
  • Comply with restrictive covenants
  • Lower payments and avoid alternative minimum tax (AMT)
  • Expand your capital budget
  • Improve balance sheet presentation
  • Avoid equipment obsolescence

 

Municipal Financing

We know how to help municipalities use annual revenue streams to make payments toward end-of-term ownership of essential equipment, vehicles, or facilities.

Some benefits include:

  • Ownership
  • Low, tax-exempt interest rates
  • Early payoff
  • Flexible terms
  • Non-appropriation
  • No down payment

Lease purchase financing also allows municipalities to finance the equipment they need immediately—without waiting for voter approval through a bond issue.*

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