1st Equipment Finance
Bank equipment finance group based in Exeter, Pennsylvania.
1st Equipment Finance is the equipment finance division of Peoples Security Bank & Trust, offering loans plus $1 buyout, fair market value, fixed purchase option and TRAC leases, as well as municipal lease and loan financing and point-of-sale vendor programs. It finances construction, commercial vehicles, cranes, manufacturing, recycling, landscaping and technology equipment from $25,000 to over $5 million, mainly for businesses in northeastern Pennsylvania.
Profile
| Type | Bank |
| Headquarters | Exeter, Pennsylvania |
| Website | www.psbt.com/Borrow/Business-Loans/Equipment-Financing |
| Parent | Peoples Security Bank & Trust |
| Published deal size | $25,000 to $5 million+ (Peoples Security Bank & Trust) |
| Coverage | Regional |
| Products | Equipment loans, Finance ($1 buyout) leases, Fair market value leases, TRAC leases, Vendor finance programs |
| Sectors | Construction, Transportation and fleet, Manufacturing and industrial, Government and municipal |
| Bank lease book | $11M at Peoples Security Bank and Trust Company, #197 of 667 U.S. banks (Q2 2026 Call Report) |
Sources: Peoples Security Bank & Trust.
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| Firm | Headquarters | Type | Focus | Published deal size |
|---|---|---|---|---|
| TriState Capital Bank | Pittsburgh, Pennsylvania | Bank | Transportation and fleet, Manufacturing and industrial | $1M to $10M |
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| Fulton Bank | Lancaster, Pennsylvania | Bank | Government and municipal, Transportation and fleet | - |
| Atlantic Union Bank | Richmond, Virginia | Bank | Telecom, Transportation and fleet | From $250,000 |
| BciCapital | Miami, Florida | Bank | Aviation, Rail | - |
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