Fifth Third understands the unique needs of U.S. equipment leasing companies. We offer a mix of financing solutions to help them meet their goals, including flexible and competitive debt financing, working capital, efficient treasury management services and responsive client service.
Fifth Third primarily makes three-to-five-year, fixed rate loans secured by the leased equipment and assignment of the lease contract and the lease rentals between the lessor as owner of the equipment and lessee as the user of the equipment. We also selectively partner with leasing companies as an equity investor in leases.
With Fifth Third’s Paying Agent service, leasing companies can manage multiple payments to multiple parties by way of a single payment while enhancing the speed, accuracy and security of collections and disbursements.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio and the indirect parent company of Fifth Third Bank. As of March 31, 2019, the bank had $168 billion in assets.