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Transportation and Equipment Financing

Help your business move ahead.

Innovative, flexible transportation finance solutions

We are a team of experienced professionals committed to working directly with our customers to create individualized solutions that support your business goals. As an industry-focused company with long-standing vendor relationships and a strong capital base, we have the flexibility to offer more favorable terms than many other capital sources. You’ll be supported by a team of sales and service representatives with extensive knowledge and experience in the transportation finance business.

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Loans
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Terms up to 8 years
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Finance/Capital leases
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Pre-approved equipment lines of credit
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Refinance existing loan
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Synthetic leases
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Fixed or variable rates
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TRAC, split TRAC and operating leases

Equipment we finance

  • Heavy duty trucks
  • Medium duty trucks
  • Severe service trucks
  • Mixer trucks
  • Trailers
  • Dump trucks
  • Waste/Refuse
  • Bus
  • Utility industry equipment
  • Specialized, Crane and Construction
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Large asphalt truck slowly paving road with dust swirling around two workers in hardhats driving and guiding progress
Transportation worker in dark blue jacket and pants unloads large boxes from back of parked white semi trailer truck
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Payment terms to fit your needs

We pride ourselves on providing fast, attentive service to each customer, and we’ll guide you through the loan application process from beginning to end. Our dedicated credit underwriting unit provides timely, responsive loan decisions so you can move your business forward.

Competitively-priced, highly flexible terms make your transportation equipment acquisition as comfortable and affordable as possible:

  • Terms and amortizations match the cash flow needs of your business.

  • The ability to refinance existing loans frees up current lenders for other finance opportunities.
  • We also provide capital loans against unencumbered assets.

Grow your business with specialized equipment finance

People's Capital and Leasing Corporation, a subsidiary of People's United Bank, is a nationally-ranked, top-50 equipment finance company headquartered in Bridgeport, Connecticut. Founded in 1842, People's United Bank is a northeast-based, regional bank with national subsidiaries spanning the country and more than $51 billion in assets.

Connect with a Transportation Financing expert

Roger Allcorn, VP Sales

(205) 243-4653

roger.allcorn@peoples.com

Ray McGowan, SVP Equipment Finance Group

(770) 719-2679

ray.mcgowan@peoples.com

Disclosure

*Some restrictions apply. Application and credit approval required. People's Capital and Leasing Corp. is a subsidiary of People's United Bank, N.A.

© 2020 People's United Bank, N.A. | Member FDIC | Equal Housing Lender icon Equal Housing Lender