Top 10 Equipment Finance Companies
A borrower-side shortlist of credible equipment finance providers relevant to United States.
Who Belongs on the Shortlist?
The providers below are not interchangeable. In United States, differences in collateral appetite, product scope, hold size, geography and documentation can matter more than headline pricing. This list is designed to help borrowers build a serious first-round lender map.
This is an editorial shortlist for borrower-side research. Inclusion means the organization has a recognizable operating platform relevant to the category. It does not mean every provider is currently quoting every structure, geography or borrower profile.
Financely acts as an independent advisor and arranger rather than the balance-sheet lender. For qualifying mandates, its equipment finance advisory structures the credit case, prepares the lender package and manages targeted distribution.
How We Selected the Providers
The order is qualitative, not a league table based on annual origination volume. The screening criteria focus on practical relevance to a live financing process.
- asset specialization
- loan, lease and vendor-finance capability
- useful-life and residual-value underwriting
- advance and amortization flexibility
- servicing and end-of-term options
Top 10 Equipment Finance Companies
DLL
For borrowers building an institutional shortlist, DLL brings global vendor, equipment and asset-finance specialist. A lease and a secured equipment loan can produce very different accounting, tax and end-of-term outcomes. For a United States mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.
For a live mandate, identify the product desk and likely booking entity before sending a full data room.
Bank of America
The case for reviewing Bank of America is its global corporate banking, treasury and trade services. A lease and a secured equipment loan can produce very different accounting, tax and end-of-term outcomes. For a United States mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.
A concise first approach should disclose the principal risks rather than trying to market around them.
Wells Fargo
Wells Fargo belongs on this list through its US commercial banking, trade services and asset-based finance. A lease and a secured equipment loan can produce very different accounting, tax and end-of-term outcomes. For a United States mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.
Before outreach, prepare the amount, purpose, tenor and core credit documents so the relevant team can screen the transaction quickly.
U.S. Bank
U.S. Bank is included for its US corporate and commercial banking. A lease and a secured equipment loan can produce very different accounting, tax and end-of-term outcomes. For a United States mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.
Current appetite can change, so historical market activity should be treated as a screening signal rather than a commitment to fund a new deal.
First Citizens
First Citizens is a credible candidate because of its US commercial bank with equipment-finance capabilities. A lease and a secured equipment loan can produce very different accounting, tax and end-of-term outcomes. For a United States mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.
For a live mandate, identify the product desk and likely booking entity before sending a full data room.
PNC
For borrowers building an institutional shortlist, PNC brings US corporate banking, treasury and asset-based lending. A lease and a secured equipment loan can produce very different accounting, tax and end-of-term outcomes. For a United States mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.
A concise first approach should disclose the principal risks rather than trying to market around them.
Fifth Third Bank
The case for reviewing Fifth Third Bank is its US commercial bank with asset-based and equipment finance capabilities. A lease and a secured equipment loan can produce very different accounting, tax and end-of-term outcomes. For a United States mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.
Before outreach, prepare the amount, purpose, tenor and core credit documents so the relevant team can screen the transaction quickly.
Regions Bank
Regions Bank belongs on this list through its US commercial bank with equipment-finance capabilities. A lease and a secured equipment loan can produce very different accounting, tax and end-of-term outcomes. For a United States mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.
Current appetite can change, so historical market activity should be treated as a screening signal rather than a commitment to fund a new deal.
KeyBank
KeyBank is included for its US commercial bank with multifamily and commercial real estate finance. A lease and a secured equipment loan can produce very different accounting, tax and end-of-term outcomes. For a United States mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.
For a live mandate, identify the product desk and likely booking entity before sending a full data room.
Mitsubishi HC Capital America
Mitsubishi HC Capital America is a credible candidate because of its commercial equipment and asset-finance company. A lease and a secured equipment loan can produce very different accounting, tax and end-of-term outcomes. For a United States mandate, confirm that the relevant local or regional entity is currently onboarding this product before relying on group-level capabilities.
A concise first approach should disclose the principal risks rather than trying to market around them.
How to Compare the Offers
Match amortization to useful life and compare the end-of-term economics. A lower monthly payment can hide a large residual, mandatory purchase option or restrictive early-termination provision.
What Matters in United States
Equipment finance can preserve working capital while matching debt service to productive assets. Asset age, residual value, maintenance, utilization and replacement cycle should drive structure and tenor.
How to Run the Lender Process
- Define the requirement. State amount, use of proceeds, tenor, currency, collateral or asset and required closing date.
- Prepare the credit file. Provide financials, ownership, transaction documents, collateral information and a realistic downside case.
- Shortlist by mandate fit. Approach providers that actually finance the asset, sector and geography rather than distributing indiscriminately.
- Normalize term sheets. Compare proceeds, fees, covenants, amortization, recourse, reserves and prepayment on the same basis.
- Drive diligence to closing. Manage legal, KYC, valuation, collateral and credit conditions after the initial term sheet.
Need a Targeted Financing Process?
Financely can structure the transaction, prepare the lender case and run a targeted distribution process for qualifying mandates. We do not guarantee funding and do not present ourselves as the balance-sheet lender.
Request a ProposalFrequently Asked Questions
Lease or loan?
The better structure depends on ownership, tax, accounting, residual value and end-of-term objectives.
Can used equipment be financed?
Often yes, subject to age, condition, value, liquidity and useful life.
Can Financely arrange equipment finance?
Financely can structure broader specialty-finance mandates for qualifying businesses.
