First Western Equipment Finance

First Western Equipment Finance is the equipment finance division of First Western Bank & Trust, headquartered in Eden Prairie, Minnesota. Unlike the bank’s local commercial lending, this division operates on a national level and specializes specifically in helping businesses acquire equipment through simple, efficient, and competitive finance and lease programs. As a direct lender, First Western Equipment Finance maintains and services your transaction for its full term.

We finance a wide range of equipment across many industries, including construction, agriculture, technology, survey, janitorial, and industrial, among others. Because programs are tailored to the equipment and the business, we’re able to work with many specialty equipment types beyond that list. Visit the First Western Equipment Finance website to see the full range of equipment we finance.

Yes. Financing is available for equipment totaling $10,000 or more. There’s no set maximum tied to that minimum; the right structure depends on the equipment and your business, and an account manager can walk you through the options.

First Western Equipment Finance works primarily with established businesses that have a solid credit history. Real people review each application, looking at factors like time in business, personal and business credit, comparable debt, and standard identifying information. The best way to understand where your business stands is to submit an application or speak with an account manager.

The process is built to be quick. Credit decisions are typically made within one business day of receiving your application, and once you’re approved and your finance documents are signed and returned, funding follows promptly. Fast turnaround is one of the main reasons businesses choose an equipment finance specialist over a slower, more general lending process.

It depends on your priorities. Financing tends to suit businesses that want long-term ownership, while leasing can help preserve cash and offer more flexibility. First Western Equipment Finance offers both, and an account manager can help you compare monthly payments, terms, and end-of-term options so you can choose what fits your budget and goals.

Section 179 allows many businesses to deduct the cost of qualifying equipment, and financing the equipment can let you put it to work while spreading payments over time. Deduction limits change year to year, so confirm the current figures and how they apply to your situation with a qualified tax advisor. First Western Equipment Finance also publishes Section 179 resources to help you understand the basics.

You can apply online directly through the First Western Equipment Finance website, where you’ll find the full application and details on the equipment and programs available. If your needs also include working capital, a line of credit, or commercial real estate, explore Business Financing at the bank, or contact us to talk through the right fit.