Equipment Lease

First Hawaiian Leasing specializes in financing the acquisition of new and used commercial personal property* including:

  • Vehicles: Trucks, automobiles, buses, mini-buses, vans, refrigerated trucks, flatbeds, hi-cube vans, truck-tractors, low-boys and trailers

  • Furniture & fixtures for: hotels & resorts, stores, factories & warehouses, offices, restaurants, etc.

  • Equipment used in your business: computer, telecommunication, medical, dental, construction, farming, warehousing, manufacturing, office, golf course, transportation, general services, etc.

  • Energy conservation (wind, solar, photovoltaic, etc.) equipment and systems

  • Marine vessels

* IRS Sect 38 defined personal property

 

Two basic types of leases:

 1.  Tax-oriented (true) lease

   -  Fixed rate

   -  Fair market value purchase option

   -  Predetermined purchase option (licensed, over-the-road vehicles only)

 

2. Non tax-oriented (finance) lease

   -  Fixed rate

   -  Fixed, predetermined purchase option

 

 

 - Lower rates and monthly payments when First Hawaiian Leasing takes the tax benefits (depreciation and tax credits i.e. capital goods).

 - 100% financing, including taxes, freight, installation and delivery

 - No down payment

 - Fixed monthly payments

 - Conservation of capital for other uses (i.e. extension of trade credit, inventory, investments, etc.)

 -  Generation of capital, when your company's capital assets are sold to First Hawaiian Leasing and then leased back.

 -  Minimizes obsolescence by freeing your company from a depreciation schedule that may extend beyond the useful life of the equipment. Permits greater freedom in equipment replacement and protects your business from technological obsolescence.

 - Flexible and competitive terms to meet your company's unique needs.

 



   -  Competitive rates and monthly payments. Your business keeps the tax benefits (depreciation and credits i.e. capital goods, energy).

    - 100% financing, including taxes, freight, installation and delivery

    -  No down payment

   -   Fixed monthly payments

    -  Conservation of capital for other uses (i.e. extension of trade credit, inventory, investments, etc.)

   -   Generation of capital, when your company's capital assets are sold to First Hawaiian Leasing and then leased back.

   -   Minimizes obsolescence by freeing your company from a depreciation schedule that may extend beyond the useful life of the equipment. Permits greater freedom in equipment replacement and protects your business from technological obsolescence.

   -  Flexible and competitive terms to meet your company's unique needs.


 

 

 

 

 

 

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