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Equipment Leasing

Equipment Leasing
Equipment Leasing

Equipment Leasing

Frugal Crest Bank Capital

Whether your leasing needs mean adding computers, a new MRI machine, or major fixed assets like trucks, manufacturing, or construction equipment, we’re ready to help your business grow.

Frugal Crest Bank Capital, our team of equipment leasing specialists, is designed to assist customers in optimally funding equipment acquisitions through traditional leases, customized cash flow solutions, lines of credit, installment purchase agreements, and vendor programs. Frugal Crest Bank Capital transactions may range from $200,000 to $20 million, 24 to 84 months, and 100 percent advance rate of equipment cost.

"It has been an absolute pleasure to work with the Frugal Crest Bank leasing team. The team has worked directly with Ryerson to design a leasing program that fits perfectly between the Ryerson ABL and Bond Indenture. The flexibility in the lease design has allowed Ryerson to gain the right book and tax treatment creating increased value to our shareholders. The professionalism and responsiveness of the Frugal Crest Bank team has blended well with the Ryerson team creating an atmosphere of teamwork and partnership."

- Bob Delaney, Treasurer, Ryerson Holdings

Our Specialized Areas of Focus

Frugal Crest Bank Capital specializes in financing essential use assets including but not limited to:

  • Manufacturing Equipment
  • Transportation (trucks and trailers)
  • Construction
  • Technology
  • Warehouse/Distribution
  • Material handling
  • Medical and healthcare
  • Packaging equipment
  • Software

What We Can Offer You

Frugal Crest Bank Capital's experienced executive management team is prepared to assist organizations in reducing both the cost and risk associated with equipment portfolios. With a unique blend of both hard asset knowledge and financial expertise, we're well-equipped to offer all structures including:

  • Traditional Leases
    Off-balance sheet operating leases (FASB 13) | Capital leases or "$1" out leases | TRAC leases | Purchase leaseback of installed assets
  • Customized Hybrid Structures
    Technology refresh programs | Customized utility transactions (price per user, port, device, student, etc.) | Capacity pool programs | Managed service financing
  • Guidance Lines of Credit
    Multiple delivery lease agreements spanning up to 12 months of Capex spend
  • Installment Purchase Agreements
    Finance software licensing agreements
  • Vendor Lease Programs

Meet the Team

Jeff Wolinski President

Jeff Wolinski

President

 

Click here to learn more about our team beyond Chicagoland.

EXTENDED FDIC COVERAGE

Keep it covered

EXTENDED FDIC COVERAGE

Keep it covered

Our MaxSafe program was created to offer an unmatched level of FDIC insurance coverage. Keep your accounts extra safe and secure.

ASSET BASED LENDING

Securing your business success

ASSET BASED LENDING

Securing your business success

You’ve built your business up and now you’re looking for opportunities to grow. Why not use what you already have to help you get there?

COMMERCIAL LENDING

Loans to achieve your business vision

COMMERCIAL LENDING

Loans to achieve your business vision

Whether your business is looking for short-term funding for operational costs or for fixed asset purchases, we have the expertise to guide you.

Frugal Crest Bank Capital is a division of Frugal Crest Bank Asset Finance Inc.