Equipment Leasing

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The right equipment for the right terms​

Obtain the equipment you need through Comerica's Commercial Leasing with a wide range of services tailored specifically to your company’s needs.

We serve a worldwide customer base, including manufacturing, transportation, airline, railroad, and service industries. Our direct bank lessor relationship facilitates efficient lease transactions. 

With a history of long-term client relationships and depth of resources, our skilled leasing professionals provide you viable, innovative solutions.
What's more, when you sign-up for Comerica Loan Management, you’ll be able to request loan advances (for lines of credit only) and make loan payments online as well as view up-to-date account information, including real-time loan balances, maturity dates, interest rates, transaction history, and loan advices (billing statements).

Equipment leasing with creative, flexible financing may be your best option for a number of reasons:
  • Up to 100% financing
  • Preservation of cash flow with lower payments and lower implicit interest rate
  • Off-balance sheet treatment for certain lease products
  • Capital budget limitations
  • IRB financing requirements
  • Alternative minimum tax constraints
  • Utilization of operating loss carry-forwards
  • Tax-planning purposes
Our leasing specialists work closely with your own professional advisors to determine the appropriate lease structure for your business requirements. Lease options include:
  • True lease for lower payments and favorable tax treatment
  • Operating lease for off-balance sheet treatment
  • TRAC (Termination Rental Adjustment Clause) for titled commercial vehicles
  • Leveraged lease for large transactions that combine attractive debt rates with the benefits of tax-oriented leasing
  • Finance lease for lessees who wish to retain tax depreciation benefits
  • Synthetic lease for off-balance sheet treatment for book accounting purposes
  • Municipal lease for tax-exempt entities
  • Lease warehousing for lessor financing
  • Lease discounting for indirect third-party financing​​​​​​​​​​​​​​

    Click here to view Disclosures & Footnotes