Cash Reimbursement

Put cash back on your books at the end of the fiscal year while maintaining use of your assets.

Raise Capital at the End of the Fiscal Year While Maintaining Use of Your Assets

As schools approach their fiscal year end, it is an excellent opportunity to analyze your financial position. A turbulent economic environment ensures that your cash position is an important financial consideration. By demonstrating a strong cash position, it is possible to:

  • Maintain debt ratings
  • Avoid bank covenant violations
  • Improve liquidity rates
  • Consolidate capital acquisitions onto one lease

For these reasons, it is common to execute a sale/leaseback transaction in the final month of a school's fiscal year or at the end of a quarter.
 

What is a Sale-And-Leaseback?

In an equipment sale-and-leaseback, you sell your equipment to a lessor, and the lessor reimburses your school 100% of the original purchase price of your equipment. You continue the use of your equipment and use the cash for:

  • School growth
  • Strategic projects
  • Debt reduction
  • Strengthen cash position on balance sheet
 

How it Works:

Send your receipts to
First American
First American completes
a credit review
Receive 100% of the original
purchase price of the equipment

 

Your CapEx budget can be replenished with a sale-and-leaseback. Learn more today.

 

 

[Integrity + Smarts]

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