Equipment Leasing

Kirton McConkie’s commercial equipment leasing group represents lessees, lessors and banks on transactions ranging from $10,000 to $10 million. We work closely with clients to structure, negotiate and prepare documentation for complex financing transactions.

As needed, we also draw upon the experiences of our business and tax attorneys when structuring a lease, ensuring transactions are in accordance with the Uniform Commercial Code (UCC) guidelines, particularly Articles 2, 2A, and 9, and other applicable laws. Our tax attorneys counsel clients on the tax aspects of equipment leasing, including IRS guidelines and the potential advantages or consequences of leasing in light of the client’s overall tax situation.

Equipment leasing transactions include:

  • Capital leases
  • Operating leases
  • Leveraged leases
  • Synthetic leases
  • Sale leasebacks
  • Master leases
  • Purchase and sale of lease portfolios
  • Leveraged and single investor leases
  • Leasing company finance
  • Lease-backed securitization

Our services for commercial equipment leasing include:

  • Preparing and drafting leases
  • Reviewing and negotiating equipment leases
  • Structuring payments and terms
  • Structuring leases in accordance with IRS guidelines for equipment leases vs. equipment purchases
  • Providing dispute resolution
  • Advising on bankruptcy and workout situations
  • Reclaiming equipment

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