Citizens Asset Finance is a division of Citizens Financial Group (NYSE CFG) – a top 15 U.S. commercial bank holding company with more than $152.3 billion in assets as of December 31, 2017. With broad experience ranging from traditional to asset-based loans, equipment finance to debt & equity capital markets, we have the expertise to structure the right financing for corporate clients.
We have leveraged our financial strength, regional presence and industry expertise in Construction, Rail, Business Aircraft, Trucking, Marine, Energy and Mining to support clients’ business needs and help them accelerate their growth.
Construction Equipment Finance Solutions
Rent. Lease. Buy. Construction companies continuously circle this question as they seek to find the optimal financing mix for their business and to grow efficiently with the market. That’s why our Construction Equipment Finance team works with all stages of the supply chain, providing insight into the mindset of dealers, manufacturers, and leasing companies to inform both practical and strategic advice for clients. Furthermore, Citizens Construction Equipment Finance delivers the following core financing solutions to support client goals:
- Tax advantaged secured term-loans, equipment leases and lease lines-of-credit for a wide range of equipment types – including construction equipment, cranes, mining equipment and recycling equipment – on terms of 7 to 10 years
- Fixed or variable terms, using Interest Rate SWAPS or LIBOR indices
- Funding and balance sheet holding of transactions between $250,000 to $300MM
- Turnkey financing for projects involving excavation, lifting, earthmoving and mining, roads and transportation
Citizens Bank Overview
Learn more about Citizens Financial Group, one of the oldest and largest financial institutions in the U.S., by clicking here.
Citizens Commercial Banking Insights
Construction Moves into High Gear: Optimizing Equipment Acquisition in Today’s Environment
The construction equipment rental market had been more attractive during the recession, when demand was low and construction firms were wary of purchasing equipment, only to sit idle. Now, with the economic recovery spurring more projects, construction firms face a new challenge: Will they have the right equipment on hand to be able to take advantage for the jobs coming in?
With more reliable demand for large-scale construction projects, low interest rates, and the tax advantages and balance sheet benefits of ownership, now is a prime time to buy.
Download now to learn more about why some firms are strategically investing in equipment with the goal of capturing long-term value.