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TRAC Lease

Equipping you with the right leasing tool for qualified motor vehicles and trailers

A TRAC lease is a cost-effective way to avoid the high cost of purchasing qualified motor vehicles and trailers. With this lease option, you get low monthly payments allowing you to get the equipment you need at an attractive rate.

To Schedule an Appointment:

    • Bag with Dollar Sign

      100% financing available

    • Taxes

      Monthly payments are fully tax deductible1

    • Diamond icon

      Lease terms often more attractive than purchasing

    • Arrows

      Purchase, continue lease, or return equipment at maturity

  • You Select the Equipment and the Supplier. We Buy the Equipment:

    A Terminal Rental Adjustment Clause (TRAC) Lease from F.N.B. Equipment Finance allows you to obtain motor vehicles and trailers intended for commercial use more than half the time with payments that are generally lower than if you were to purchase the equipment outright.2

    How it Works:

    You select the equipment and the supplier. Once you have applied for the lease, credit approval has been provided, and the lease terms are set, we purchase the equipment that you have selected from the vendor of your choice. We retain the title for the duration of the lease while you make fixed monthly payments. At the end of the lease term, you have the option to either purchase the equipment outright, continue to lease the equipment or return the equipment.

    Key Benefits:

    • 100% financing available; can also include up to 25% soft costs
    • Monthly payments are fully tax deductible1
    • Tax benefits of leasing payments are greater than the depreciation on the equipment
    • Lease terms often more attractive than purchasing
    • Purchase, continue lease, or return equipment at maturity
    • Competitive rates and flexible terms

    Why F.N.B. Equipment Finance?

    Leasing equipment can help your business’s bottom line. We are an experienced, full-service leasing team who delivers flexible terms, affordable options, and personal service to meet your business objectives.

  • Applying for a Lease:

    Whether you would like to apply online or meet with one of our experts, we have convenient ways for you to get started. You can begin by adding this product to your cart. During the checkout process you can select the option to get started online or set up time to meet with one of our experts.

    Getting Prepared

    It is helpful if you have the following information available to you during the application process:

    • Business Tax ID
    • Information regarding your desired lease term
    • Name, address, and sales person of the vendor you've selected
    • Information about the equipment you'd like to lease

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Notices & Disclosures

1 - We do not provide tax advice; consult your tax advisor for more information.

2 - All loan products are subject to underwriting/credit approval

Services are provided by Bank Capital Services, LLC, doing business as F.N.B. Equipment Finance, a subsidiary of First National Bank of Pennsylvania.

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