Santander Bank Commercial Equipment & Vehicle Finance
Bank equipment finance group based in Boston, Massachusetts.
Santander Bank, N.A., the U.S. bank of Banco Santander, finances commercial vehicles and essential-use equipment through its Commercial Equipment and Vehicle Finance unit. Programs cover heavy-duty trucks, tow trucks, school buses, ambulances, livery and municipal vehicles, plus funding lines for independent and dealer-affiliated leasing companies and leases for public agencies. Commercial vehicle requests run from $50,000 to $10 million with terms of 24 to 120 months.
Profile
| Type | Bank |
| Headquarters | Boston, Massachusetts |
| Website | www.santanderbank.com/cevf |
| Parent | Banco Santander, S.A. |
| Published deal size | $50,000 to $10,000,000 (Santander Bank) |
| Coverage | National |
| Products | Equipment loans, Lease lines, Finance ($1 buyout) leases |
| Sectors | Transportation and fleet, Government and municipal, Lender finance, Healthcare and medical |
Sources: Santander Bank, Equipment Finance Advisor.
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