First Western Equipment Finance
Bank equipment finance group based in Eden Prairie, Minnesota.
First Western Equipment Finance is the equipment lending division of First Western Bank & Trust, based in Eden Prairie, Minnesota. It runs dealer, vendor and manufacturer finance programs and lends directly to businesses and municipalities nationwide, covering agricultural, construction, automotive service, cleaning, geospatial, outdoor power and rental fleet equipment. Municipal buyers can use tax-exempt structures, and vendor program deals start at $5,000. The unit traces its history to 1972.
Profile
| Type | Bank |
| Headquarters | Eden Prairie, Minnesota |
| Website | www.firstwesternef.com |
| Founded | 1972 |
| Parent | First Western Bank & Trust |
| Published deal size | From $5,000 (First Western Equipment Finance) |
| Coverage | National |
| Products | Equipment loans, Vendor finance programs |
| Sectors | Agriculture, Construction, Government and municipal, Transportation and fleet |
| Associations | National Equipment Finance Association |
Sources: First Western Equipment Finance.
Similar lenders
| Firm | Headquarters | Type | Focus | Published deal size |
|---|---|---|---|---|
| Merchants Bank | Winona, Minnesota | Bank | Construction, Agriculture | Equipment valued from about $50,000 to over $10 million |
| Stearns Bank Equipment Finance | St. Cloud, Minnesota | Bank | Agriculture, Construction | - |
| Bankers' Bank | Madison, Wisconsin | Bank | Agriculture, Transportation and fleet | - |
| U.S. Bank | Minneapolis, Minnesota | Bank | Healthcare and medical, Construction | - |
| 1st Equipment Finance | Exeter, Pennsylvania | Bank | Construction, Transportation and fleet | $25,000 to $5 million+ |
| First Commonwealth Bank | Indiana, Pennsylvania | Bank | Small business, Transportation and fleet | - |
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