Business Vehicle & Equipment Financing

Get the equipment your business needs

Business equipment financing solutions that fit

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.

Secure the tools you need to get the job done

Ready to get started? It's quick and easy to apply online for financing.

We're here to answer your questions

Get to know our equipment finance team

Meet our business equipment financing specialists , Opens in a new tab
Business Equipment Financing Benefits

Grow your business with equipment financing

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.

  • A simple, quick equipment financing process
  • Financing up to 100% for new and used equipment
  • Typical loan terms ranging from 12 to 72+ months
  • Funding in as fast as a day
  • Flexible payment schedules so you can structure terms to meet your tax and accounting needsD
Business Equipment Financing Options

Choose the right equipment financing solution for your business

Try fair market leasing or a $1 buyout

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.

Enjoy an open-end vehicle lease

An open-end lease combines the flexibility of ownership with the potential cash flow and the tax advantages of leasing.

Take advantage of term loans

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.

Reap the benefits

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.

How it Works

The business equipment financing process

Our equipment financing specialists are here to guide you from start to finish.

Step 1

Apply online

Apply for financing online in as little as 3 minutes.

Step 2

E-sign your documents

Once you sign your documents electronically, we'll send your contracts in an online format.

Step 3

Get financing

Once you're approved, we'll prepare the closing documents and pay the vendor for your purchase.

Business Digital Banking

Manage your business on the go

Manage your accounts from anywhere

Send and transfer money using ACH and wires

Receive account and security alerts

Learn more about business digital banking
Business Digital Banking

Manage your business on the go

Manage your accounts from anywhere

Business Digital Banking

Manage your business on the go

Send and transfer money using ACH and wires

Business Digital Banking

Manage your business on the go

Receive account and security alerts

Learn more about business digital banking
Equipment financing and leasing 101

Explore your options

FAQ

People often ask us

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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Speed and performance are subject to applicant's local connectivity and other factors outside First-Citizens Bank & Trust Company's control.