California Bank & Trust provides leasing solutions through our affiliate company, Zions Credit Corporation. If you are interested in obtaining a term loan to finance the purchase of equipment or a lease to finance the acquisition of equipment, we can provide the financing for your business.

Types of Leases

True Tax Lease: With a True Tax Lease, Zions Credit Corporation retains the depreciation benefits and passes the tax savings along to you in the form of lower lease payments. Lease payments are fully tax deductible by the lessee, but ownership of the equipment is retained by Zions Credit Corporation.

TRAC Lease: A TRAC Lease is a Tax Lease on vehicles for commercial use in which you have the option of buying the leased vehicles at a predetermined price when the lease term expires. Like the Tax Lease, the tax savings allow for a lower lease payment.

Finance Lease: A Finance Lease has the fixed purchase option at the end of the lease term. The tax benefits are passed to you immediately upon execution of the lease documents.

Please call 1-800-585-1722 for the name of the Business Banking Specialist in your area.