Equipment Leasing

The right equipment for the right terms​.

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

We serve a global customer base, including manufacturing, transportation, corporate aircraft, railroad, and service industries. Our direct bank lessor relationship facilitates efficient lease transactions, competitive rates and flexible lease structures.

With a history of long-term client relationships and depth of resources, our skilled leasing professionals provide you viable, innovative solutions.

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
  • Improve balance sheet and credit metrics
  • Capital budget limitations
  • IRB financing requirements
  • Manage AMT, NOL and IRB restrictions and limitations
  • Flexible financing structures that typically do not have loan or documentation fees

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 (Terminal Rental Adjustment Clause) Lease for titled commercial vehicles
  • Capital Lease for lessees who wish to retain tax depreciation benefits
  • Municipal Lease for tax-exempt entities
  • Lease Warehousing for lessor financing
  • Lease Discounting for indirect third-party financing​​​​​​​​​​​​​​
  • Sale-Leaseback transactions to free up capital already invested
  • Fixed and floating rate structures
  • Pre-approved lease lines of credit to facilitate future equipment acquisitions

Whether you are a small privately owned firm or a Fortune 500 company, we can assist you with your equipment financing needs.

Comerica Bank and its affiliates do not provide tax or legal advice. Please consult with your tax and legal advisors regarding your specific situation.